3.0.0 5872 2023-01-11T13:25:09Z 2023-01-11T13:25:09Z House H HR 2014-12-11 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HARRIS:H.R. 5872.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1 of the United StatesConstitution which reads: ``The Congress shall have Power tolay and collect Taxes, Duties, Imposts, and Excises, to paythe Debts, and provide for the common Defense and GeneralWelfare of the United States; but all Duties and Imposts andExcises shall be uniform throughout the United States.''[Page H9304]]]> hswm00 Ways and Means Committee House Standing Referred to 2014-12-11T14:02:40Z 2014-12-12 Sponsor introductory remarks on measure. (CR E1807-1808) IntroReferral B00100 9 Library of Congress 2014-12-11 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2014-12-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-12-11 Introduced in House IntroReferral 1000 9 Library of Congress H001052 Rep. Harris, Andy [R-MD-1] Andy Harris R MD 1 N Taxation Tax administration and collection, taxpayers Tax reform and tax simplification Transfer and inheritance taxes Taxation

00 2014-12-11 Introduced in House 2015-01-24T16:13:40Z American Solution for Simplifying the Estate Tax Act of 2014 - Amends the Internal Revenue to: (1) allow taxpayers an election to make annual payments of 1% of their adjusted gross income for a minimum seven-year period in lieu of existing estate and generation-skipping transfer taxes, and (2) allow a step-up in basis for estate property of a taxpayer making an election under this Act. Sets forth requirements for the filing of an estate tax return for taxpayers who have made an election under this Act.

]]>

Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2014-12-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr5872ih/xml/BILLS-113hr5872ih.xml 2014-12-12 Sponsor introductory remarks on measure. (CR E1807-1808) 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.