3.0.0 4154 2023-01-11T13:17:01Z 2023-01-11T13:17:01Z House H HR 2009-11-19 111 hswm00 Ways and Means Committee House Standing Referred to 2009-11-19T15:05:46Z Certain Estate Tax Relief Act of 2009 111 436 HR 2009-01-09 Referred to the House Committee on Ways and Means. Related bill CRS Small Business and Family Farm Estate Tax Relief Act of 2009 111 3841 HR 2009-10-15 Referred to the House Committee on Ways and Means. Related bill CRS Statutory Pay-As-You-Go Act of 2009 111 2920 HR 2009-07-23 Received in the Senate and Read twice and referred to the Committee on the Budget. Related bill House Providing for consideration of the bill (H.R. 4154) to amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, and for other purposes. 111 941 HRES 2009-12-03 Motion to reconsider laid on the table Agreed to without objection. 12:01:45 Procedurally-related House 2010-01-20 Senate Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 253. Calendars 2009-12-24 Senate Read the first time. Placed on Senate Legislative Calendar under Read the First Time. Calendars 2009-12-03 Senate Received in the Senate. IntroReferral 2009-12-03 14:31:14 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2009-12-03 14:31:13 On passage Passed by the Yeas and Nays: 225 - 200 (Roll no. 929). (text: CR H13482) Floor H37100 2 House floor actions 929 https://clerk.house.gov/evs/2009/roll929.xml House 111 2009-12-03T19:31:13Z 1 2009-12-03 14:31:13 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 225 - 200 (Roll no. 929).(text: CR H13482) Floor 8000 9 Library of Congress 929 https://clerk.house.gov/evs/2009/roll929.xml House 111 2009-12-03T19:31:13Z 1 2009-12-03 14:22:01 On motion to recommit with instructions Failed by recorded vote: 187 - 233 (Roll no. 928). Floor H36110 2 House floor actions hswm00 Ways and Means Committee 928 https://clerk.house.gov/evs/2009/roll928.xml House 111 2009-12-03T19:22:01Z 1 2009-12-03 14:05:38 The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H13493-13494; text: CR H13493) Floor H8A000 2 House floor actions 2009-12-03 13:52:45 DEBATE - The House proceeded with 10 minutes of debate on the Heller motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House with an amendment to extend the death tax repeal extension act until December 31, 2011. Floor H8D000 2 House floor actions 2009-12-03 13:52:44 Mr. Heller moved to recommit with instructions to Ways and Means. (consideration: CR H13492; text: CR H13492) Floor H36100 2 House floor actions hswm00 Ways and Means Committee 2009-12-03 13:51:40 On motion to table the appeal of the ruling of the chair Agreed to by the Yeas and Nays: 234 - 186 (Roll no. 927). Floor H36810 2 House floor actions 927 https://clerk.house.gov/evs/2009/roll927.xml House 111 2009-12-03T18:51:40Z 1 2009-12-03 13:25:30 Mr. Pomeroy moved to table the appeal of the ruling of the chair (consideration: CR H13491-13492) ResolvingDifferences H82000 2 House floor actions 2009-12-03 13:25:29 Mr. Heller appealed the ruling of the chair. The question was then put on sustaining the ruling of the chair. Floor H36800 2 House floor actions 2009-12-03 13:21:59 Point of order sustained against the motion to recommit with instructions. Floor H36110 2 House floor actions 2009-12-03 13:21:58 Mr. Pomeroy raised a point of order against the motion to recommit with instructions. Mr. Pomeroy stated that the provisions of the amendment violates clause 10 of rule 21 by increasing the deficit. Sustained by the Chair. ResolvingDifferences H81000 2 House floor actions 2009-12-03 13:21:57 Mr. Heller moved to recommit with instructions to Ways and Means. (consideration: CR H13491; text: CR H13491) Floor H36100 2 House floor actions hswm00 Ways and Means Committee 2009-12-03 13:20:48 The previous question was ordered pursuant to the rule. (consideration: CR H13491) Floor H35000 2 House floor actions 2009-12-03 12:16:50 DEBATE - The House proceeded with one hour of debate on H.R. 4154. Floor H8D000 2 House floor actions 2009-12-03 12:16:49 Rule provides for consideration of H.R. 4154 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is closed to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. Floor H8D000 2 House floor actions 2009-12-03 12:16:48 Considered under the provisions of rule H. Res. 941. (consideration: CR H13482-13494) Floor H30000 2 House floor actions 2009-12-03 12:01:44 Rule H. Res. 941 passed House. Floor H1L220 2 House floor actions 2009-12-02 17:16:23 Rules Committee Resolution H. Res. 941 Reported to House. Rule provides for consideration of H.R. 4154 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is closed to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. Floor H1L210 2 House floor actions 2009-11-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2009-11-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-11-19 Introduced in House IntroReferral 1000 9 Library of Congress P000422 Rep. Pomeroy, Earl [D-ND-At Large] EARL POMEROY D ND N E000226 Rep. Etheridge, Bob [D-NC-2] BOB ETHERIDGE D NC 2 2009-12-02 False M001149 Rep. Michaud, Michael H. [D-ME-2] Michael Michaud D ME H. 2 2009-12-02 False C000754 Rep. Cooper, Jim [D-TN-5] JAMES COOPER D TN H. 5 2009-12-02 False B000420 Rep. Berry, Marion [D-AR-1] MARION BERRY D AR 1 2009-12-02 False M001161 Rep. Melancon, Charlie [D-LA-3] Charlie Melancon D LA 3 2009-12-02 False M001140 Rep. Moore, Dennis [D-KS-3] DENNIS MOORE D KS 3 2009-12-02 False H001030 Rep. Hill, Baron P. [D-IN-9] BARON HILL D IN P. 9 2009-12-02 False H001037 Rep. Herseth Sandlin, Stephanie [D-SD-At Large] Stephanie Herseth Sandlin D SD 0 2009-12-02 False B000652 Rep. Boswell, Leonard L. [D-IA-3] LEONARD BOSWELL D IA L. 3 2009-12-02 False D000608 Rep. Dahlkemper, Kathleen A. [D-PA-3] Kathleen Dahlkemper D PA A. 3 2009-12-02 False T000038 Rep. Tanner, John S. [D-TN-8] JOHN TANNER D TN 8 2009-12-02 False Taxation Budget deficits and national debt Budget process Government information and archives House Committee on the Budget Income tax rates Judicial review and appeals Legislative rules and procedure Medicaid Medicare Prescription drugs Senate Committee on the Budget Transfer and inheritance taxes Taxation 00 2009-11-19 Introduced in House 2009-11-25T20:10:58Z Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009 - Repeals provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) eliminating the tax on estates and generation-skipping transfers and the step-up in basis provisions for property acquired from a decedent for estates of decedents dying after 2009. Declares that the sunset provision (general terminating date of December 10, 2010) of EGTRRA shall not apply to title V of such Act (Estate, Gift, and Generation-Skipping Transfer Tax Provisions).

Amends the Internal Revenue Code to allow a $3.5 million estate tax exclusion and a reduction in the maximum estate and gift tax rate to 45% after 2009.


]]> 36 2009-12-03 Passed House amended 2009-12-07T18:57:42Z Division A: Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009 - Permanent Estate Tax Relief For Families, Farmers, and Small Businesses Act of 2009 - (Sec. 2) Repeals provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) eliminating the tax on estates and generation-skipping transfers and the step-up in basis provisions for property acquired from a decedent for estates of decedents dying after 2009 (thus retaining estate and gift tax provisions in effect in 2009). Declares that the sunset provision (general termination date of December 10, 2010) of EGTRRA shall not apply to the estate and gift tax provisions of that Act (thus preventing a reversion to estate and gift tax provisions in effect prior to its enactment).

(Sec. 3) Amends the Internal Revenue Code to establish a permanent $3.5 million exclusion amount and a maximum tax rate of 45% for decedents dying, and gifts made, after December 31, 2009.

Division B: Statutory Pay-As-You-Go Act of 2009 - Statutory Pay-As-You-Go Act of 2009 - (Sec. 104) Requires a Pay-As-You-Go (PAYGO) Act to include by reference an estimate of its budgetary effects as determined by the Congressional Budget Act of 1974 (CBA), if timely submitted for printing in the Congressional Record by the chairs of the congressional budget committees (chairs) before the vote on it.

Requires: (1) the Clerk of the House of Representatives or the Secretary of the Senate, as applicable, also to incorporate by reference such printed estimate into the enrollment of a PAYGO Act; and (2) budgetary effects that are not so included to be determined by the Office of Management and Budget (OMB) estimates.

Amends the CBA to require the chairs to request from the Director of the Congressional Budget Office (CBO) an estimate of the budgetary effects of a PAYGO Act before a vote in either chamber on it that, if determined in the affirmative, would clear it for enrollment.

Directs the chairs to post such estimate on their respective committee websites and cause it to be printed in the Congressional Record under "PAYGO ESTIMATE."

Requires CBO to make specified estimate adjustments when calculating budgetary effects of certain designated legislation affecting current policy, as detailed in section 7 of this Act.

Requires OMB to maintain and make publicly available a continuously updated document containing two PAYGO scorecards (the first for a 5-year period and the second for a 10-year period for the beginning of each respective budget year) displaying the budgetary effects of PAYGO legislation, applying certain look-back and averaging requirements. Requires OMB to display as a separate addendum the cost estimates of provisions designated in statute as emergency requirements.

(Sec. 105) Requires OMB to: (1) make an annual public PAYGO report, including a up-to-date document containing the PAYGO scorecards, within 14 business days after Congress adjourns to end a session; and (2) prepare for the President an offsetting sequestration order, which the President shall issue if such report shows a debit on either PAYGO scorecard for the budget year.

(Sec. 106) Prescribes requirements for calculating a sequestration for nonexempt direct spending programs, including Medicare payments and certain nonexempt mandatory programs.

(Sec. 107) Prescribes requirements for CBO adjustments of estimates of budgetary effects of PAYGO legislation for legislation affecting current policy for: (1) payments made under title XVIII (Medicare) of the Social Security Act for physician services; (2) the Estate and Gift Tax under the Internal Revenue Code; and (3) the permanent extension of middle-class tax cuts and the Alternative Minimum Tax (AMT) relief under EGTRRA or the Jobs and Growth Tax Relief and Reconciliation Act of 2003.

(Sec. 108) Applies to this Act certain sequestration order requirements of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), as amended by this Act, including the authority of Members of Congress and certain individuals to request an expedited judicial review of a sequestration order.

(Sec. 109) Makes technical and conforming amendments to the Gramm-Rudman-Hollings Act.

(Sec. 110) Exempts from sequestration: (1) low-income subsidies and catastrophic subsidies under Part D (Voluntary Prescription Drug Benefit Program) of the Social Security Act (SSA); and (2) qualified individual (QI) premiums for Medicare cost-sharing for certain dual eligible low-income Medicare beneficiaries under SSA title XIX (Medicaid).

(Sec. 111) Amends the Gramm-Rudman-Hollings Act to specify additional Social Security, veterans, Tier I Railroad Retirement benefits and other programs and activities exempt from a sequestration order as well as certain economic recovery programs.

]]> To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, to reinstitute and update the Pay-As-You-Go requirement of budget neutrality on new tax and mandatory spending legislation, enforced by the threat of annual, automatic sequestration, and for other purposes. Display Title To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, to reinstitute and update the Pay-As-You-Go requirement of budget neutrality on new tax and mandatory spending legislation, enforced by the threat of annual, automatic sequestration, and for other purposes. Official Title as Introduced To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, and for other purposes. Introduced in House IH Short Titles as Introduced Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009 Short Titles as Passed House for portions of this bill Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009 H House Short Titles as Passed House for portions of this bill Statutory Pay-As-You-Go Act of 2009 H House Official Titles as Amended by House To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, to reinstitute and update the Pay-As-You-Go requirement of budget neutrality on new tax and mandatory spending legislation, enforced by the threat of annual, automatic sequestration, and for other purposes. H House 3333 111 SAMDT 2022-02-03T06:07:45Z L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 3 3 V000127 Sen. Vitter, David [R-LA] David Vitter R LA 2010-02-25 True W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2010-02-25 True S000320 Sen. Shelby, Richard C. [R-AL] Richard Shelby R AL C. 2010-02-25 True 2010-02-25T05:00:00Z Senate 111 HR House H 4154 To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, to reinstitute and update the Pay-As-You-Go requirement of budget neutrality on new tax and mandatory spending legislation, enforced by the threat of annual, automatic sequestration, and for other purposes. 2023-01-11T13:17:01Z 2 2010-02-25 Senate amendment submitted Floor 91000 9 Library of Congress Placed on Calendar Senate 2010-01-20T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr4154pcs/xml/BILLS-111hr4154pcs.xml Received in Senate 2009-12-24T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr4154rds/xml/BILLS-111hr4154rds.xml Engrossed in House 2009-12-03T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr4154eh/xml/BILLS-111hr4154eh.xml Introduced in House 2009-11-19T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr4154ih/xml/BILLS-111hr4154ih.xml 2010-01-20 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 253. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.