U.S. Congress legislation · 119th Congress
HB1301: Death Tax Repeal Act
Status: In committee, February 13, 2025
To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes.
What the bill says
To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes.
From the introduced text, February 13, 2025:
A BILL To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes. SECTION 1. Short title This Act may be cited as the Death Tax Repeal Act . SECTION 2. Repeal of estate and generation-skipping transfer taxes (a) Estate tax repeal (1) In general Subchapter C of chapter 11 of subtitle B of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: SECTION 2210. Termination (a) In general Except as provided in subsection (b), this chapter shall not apply to the estates of decedents dying on or after the date of the enactment of the Death Tax Repeal Act . (b) Certain Distributions From Qualified Domestic Trusts In applying section 2056A with respect to the surviving spouse of a decedent dying before the date of the enactment of the Death Tax Repeal Act -- (1) section 2056A(b)(1)(A) shall not apply to distributions made after the 10-year period beginning on such date, and (2) section 2056A(b)(1)(B) shall not apply on or after such date. . (2) Clerical amendment The table of sections for subchapter C of chapter 11 of the Internal Revenue Code of 1986 is amended by adding at the end the following new item: Sec. 2210. Termination. . (b) Generation-Skipping transfer tax repeal (1) In …
Sponsors
- Randy Feenstra (R, HD-004) · primary sponsor
- Sanford Bishop (D, HD-002)
- Jason Smith (R, HD-MO-8)
- Tom Emmer (R, HD-006)
- Vern Buchanan (R, HD-FL-16)
- David Rouzer (R, HD-007)
- Brad Finstad (R, HD-001)
- Charles Fleischmann (R, HD-003)
- Mark Amodei (R, HD-002)
- Claudia Tenney (R, HD-024)
- Scott Perry (R, HD-010)
- Dan Meuser (R, HD-009)
Latest actions
- : Referred to the House Committee on Ways and Means.
- : Introduced in House
Subjects: Taxation
Common questions
- What is HB1301?
- HB1301 is a bill in Congress (119th Congress): Death Tax Repeal Act.
- What does HB1301 do?
- In its own words: To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes.
- What is the status of HB1301?
- In committee as of February 13, 2025. Latest action: Referred to the House Committee on Ways and Means. (February 13, 2025).
- Who sponsored HB1301?
- Randy Feenstra (R, HD-004), with 11 co-sponsors.
- Where is the official record for HB1301?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/1301
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.