A bill to amend the Internal Revenue Code of 1986 to increase the gift tax exclusion to $25,000.

Bill Number

S 85

Introduced

Jan 22, 2001

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S345)

Sponsor

Cosponsors

Topics

Gift tax Tax exclusion Taxation

Full Text

Votes

Summary

Amends the Internal Revenue Code to increase the gift tax exclusion from $10,000 to $25,000.

Actions

Jan 22, 2001

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S345)
Jan 22, 2001

Sponsor introductory remarks on measure. (CR S343-344)
Jan 22, 2001

Introduced in Senate

Amendments

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