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S. 1183

Death Tax Repeal Act of 2013

Death Tax Repeal Act of 2013 - 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 a $5 million lifetime gift tax exemption. Provides for an inflation adjustment to such exemption amount.

Read twice and referred to the Committee on Finance.

Sen. Thune, John [R-SD](R-SD)Sponsor
38 cosponsors38 R
38cosponsors1committees2actions1related bills2subjects
  • Introduced in SenateJun 19, 2013
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate

Death Tax Repeal Act of 2013 — Informed