[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1217 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 1217

To amend the Internal Revenue Code of 1986 to provide estate tax relief 
  for victims of the terrorist-caused airplane crash near Lockerbie, 
                           Scotland, in 1988.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 4, 1993

  Mr. Andrews of New Jersey introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to provide estate tax relief 
  for victims of the terrorist-caused airplane crash near Lockerbie, 
                           Scotland, in 1988.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. ESTATE TAX RELIEF FOR VICTIMS OF LOCKERBIE TERRORISM.

    (a) In General.--No tax shall be imposed by chapter 11 of the 
Internal Revenue Code of 1986 on the transfer of the taxable estate of 
a citizen or resident of the United States who died as a direct result 
of the Pan American Airways Flight 103 terrorist disaster over 
Lockerbie, Scotland, on December 21, 1988.
    (b) Effective Date.--Subsection (a) shall apply to estates of 
decedents dying after December 20, 1988.
    (c) Statute of Limitations.--If refund or credit of any overpayment 
of tax resulting from the application of subsection (a) is prevented at 
any time before the close of the 1-year period beginning on the date of 
the enactment of this Act by the operation of any law or rule of law 
(including res judicata), refund or credit of such overpayment (to the 
extent attributable to the application of subsection (a)) may, 
nevertheless, be made or allowed if claim therefor is filed before the 
close of such 1-year period.

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