[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 521 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 521

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

                            January 11, 2019

 Mr. Latta (for himself, Mr. Long, Mr. Gosar, Mr. Hice of Georgia, Mr. 
     DesJarlais, Mr. LaMalfa, Mr. Gibbs, Mr. King of Iowa, and Mr. 
  Arrington) introduced the following bill; which was referred to the 
                      Committee on Ways and Means

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                                 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 2019''.

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

    Effective for estates of decedents dying after December 31, 2018, 
chapter 11 of the Internal Revenue Code of 1986 is repealed.
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