Estate Tax Relief Act of 2001

Hozzl · 2023-01-16T22:48:20Z

Explore the details of House Bill 42 Estate Tax Relief Act of 2001 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/16/2023, 10:48 PM

Congressional Summary of HR 42

Estate Tax Relief Act of 2001 - Amends the Internal Revenue Code to: (1) reduce the estate and gift tax rate; and (2) increase the unified credit exclusion to $10 million.

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Current Status of Bill HR 42

Bill HR 42 is currently in the status of Bill Introduced since January 3, 2001. Bill HR 42 was introduced during Congress 107 and was introduced to the House on January 3, 2001. Bill HR 42's most recent activity was See H.R.1836. as of August 13, 2001

Bipartisan Support of Bill HR 42

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Policy Area and Potential Impact of Bill HR 42

Primary Policy Focus

Taxation

Potential Impact Areas

CommerceCost of living adjustmentsEconomics and Public FinanceEstate taxFamiliesFamily enterprisesGift taxIndexing (Economic policy)Tax creditsTax cutsTax deductionsTax rates

Alternate Title(s) of Bill HR 42

Estate Tax Relief Act of 2001To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates, and for other purposes.Estate Tax Relief Act of 2001

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