0
0
0
Estate Tax Reduction and Simplification Act of 2001
1/17/2023, 12:18 AM
Congressional Summary of HR 1285
Estate Tax Reduction and Simplification Act of 2001 - Amends the Internal Revenue Code to increase the unified estate tax credit deduction to $3 million. Provides for inflation adjustments.
Repeals the estate tax deduction for family-owned business interests.
Read the Full Bill
Current Status of Bill HR 1285
Bill HR 1285 is currently in the status of Bill Introduced since March 28, 2001. Bill HR 1285 was introduced during Congress 107 and was introduced to the House on March 28, 2001. Bill HR 1285's most recent activity was See H.R.1836. as of August 13, 2001
Bipartisan Support of Bill HR 1285
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
3Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1285
Primary Policy Focus
TaxationPotential Impact Areas
- Agriculture and Food
- Commerce
- Cost of living adjustments
- Economics and Public Finance
- Estate tax
- Families
- Family enterprises
- Family farms
- Gift tax
- Indexing (Economic policy)
- Tax credits
- Tax exclusion
Alternate Title(s) of Bill HR 1285
Estate Tax Reduction and Simplification Act of 2001
To amend the Internal Revenue Code of 1986 to reduce and simplify the estate tax.
Estate Tax Reduction and Simplification Act of 2001
Comments
Sponsors and Cosponsors of HR 1285
Latest Bills
ESTUARIES Act
Bill HR 3962December 13, 2025
Federal Maritime Commission Reauthorization Act of 2025
Bill HR 4183December 13, 2025
National Defense Authorization Act for Fiscal Year 2026
Bill S 1071December 13, 2025
Enduring Justice for Victims of Trafficking Act
Bill S 2584December 13, 2025
Technical Corrections to the Northwestern New Mexico Rural Water Projects Act, Taos Pueblo Indian Water Rights Settlement Act, and Aamodt Litigation Settlement Act
Bill S 640December 13, 2025
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Bill HR 3383December 13, 2025
BOWOW Act of 2025
Bill HR 4638December 13, 2025
Northern Mariana Islands Small Business Access Act
Bill HR 3496December 13, 2025
Wildfire Risk Evaluation Act
Bill HR 3924December 13, 2025
Energy Choice Act
Bill HR 3699December 13, 2025
Economic Growth and Tax Relief Reconciliation Act of 2001
Bill HR 1836January 16, 2023