Death Tax Repeal Act of 2015
Latest action · Mar 25, 2015 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 25, 2015
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Death Tax Repeal Act of 2015
Amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. Provides for an inflation adjustment to such exemption amount.
Cosponsors 40
Members who signed on, in the order they did. Signatures ran from Mar 25, 2015 to May 25, 2016; 27 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IA | Chuck Grassley | Original | Mar 25, 2015 |
| R-CO | Cory Gardner | Original | Mar 25, 2015 |
| R-IN | Daniel Coats | Original | Mar 25, 2015 |
| R-LA | David Vitter | Original | Mar 25, 2015 |
| R-NV | Dean Heller | Original | Mar 25, 2015 |
| R-NE | Deb Fischer | Original | Mar 25, 2015 |
| R-AZ | Jeff Flake | Original | Mar 25, 2015 |
| R-KS | Jerry Moran | Original | Mar 25, 2015 |
| R-WY | John Barrasso | Original | Mar 25, 2015 |
| R-TX | John Cornyn | Original | Mar 25, 2015 |
| R-ND | John Hoeven | Original | Mar 25, 2015 |
| R-GA | Johnny Isakson | Original | Mar 25, 2015 |
| R-NH | Kelly Ayotte | Original | Mar 25, 2015 |
| R-TN | Lamar Alexander | Original | Mar 25, 2015 |
| R-AK | Lisa Murkowski | Original | Mar 25, 2015 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Mar 25, 2015 |
Actions 2
Everything that happened, newest first.
- Mar 25, 2015Introduced in Senate
- Mar 25, 2015Read twice and referred to the Committee on Finance.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 114-577 | NAVIGATING BUSINESS TAX REFORM109 pages | Finance Committee | Apr 26, 2016 |
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R42959 | Recent Changes in the Estate and Gift Tax Provisions Archived | Report | Oct 19, 2021 |
Related bills 4
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 205 | Death Tax Repeal Act of 2017 | Reintroduced Bill | Jan 24, 2017 |
| HR 1105 | Death Tax Repeal Act of 2015 | Identical bill | Apr 20, 2015 |
| S 3291 | Small Business Bill of Rights | Related bill | Sep 7, 2016 |
| HR 4936 | Main Street Jobs and Opportunity Act of 2016 | Related bill | May 17, 2016 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes.
- Short Titles as Introduced
- Death Tax Repeal Act of 2015
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Mar 25, 2015Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
