[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 246 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 246

              To repeal the Federal estate and gift taxes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 30, 2001

Mr. Thornberry introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
              To repeal the Federal estate and gift taxes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Death Tax Repeal Act of 2001''.

SEC. 2. REPEAL OF ESTATE AND GIFT TAXES.

    (a) In General.--Subtitle B of the Internal Revenue Code of 1986 
(relating to estate, gift, and generation-skipping taxes) is hereby 
repealed.
    (b) Effective Date.--The repeal made by subsection (a) shall apply 
to estates of decedents dying, gifts made, and generation-skipping 
transfers made after the date of the enactment of this Act.
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