[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 725 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 725

To amend the Internal Revenue Code of 1986 to repeal the estate tax and 
                   retain stepped-up basis at death.


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 4, 2015

     Mr. Latta (for himself, Mr. Jones, Mr. Messer, Mr. Joyce, Mr. 
Farenthold, Mr. Gosar, Mr. Poe of Texas, Mr. Long, Mr. Jody B. Hice of 
 Georgia, and Mr. Duncan of Tennessee) 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 repeal the estate tax and 
                   retain stepped-up basis at death.

    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 ``Permanently Repeal the Estate Tax 
Act of 2015''.

SEC. 2. REPEAL OF ESTATE TAX AND RETENTION OF BASIS STEP-UP.

    Effective for estates of decedents dying after December 31, 2014, 
chapter 11 of the Internal Revenue Code of 1986 is repealed.
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