0
0
0
To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates to 30 percent, to increase the exclusion equivalent of the unified credit to $10,000,000, and to increase the annual gift tax exclusion to $50,000.
1/16/2023, 11:18 PM
Congressional Summary of HR 543
Amends the Internal Revenue Code to: (1) reduce estate and gift tax rates to 30 percent; (2) increase the exclusion equivalent of the unified credit to $10,000,000; and (3) increase the annual gift tax exclusion to $50,000.
Read the Full Bill
Current Status of Bill HR 543
Bill HR 543 is currently in the status of Bill Introduced since February 8, 2001. Bill HR 543 was introduced during Congress 107 and was introduced to the House on February 8, 2001. Bill HR 543's most recent activity was See H.R.1836. as of August 13, 2001
Bipartisan Support of Bill HR 543
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 543
Primary Policy Focus
TaxationPotential Impact Areas
- Cost of living adjustments
- Economics and Public Finance
- Estate tax
- Gift tax
- Indexing (Economic policy)
- Tax credits
- Tax cuts
- Tax exclusion
- Tax rates
Alternate Title(s) of Bill HR 543
To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates to 30 percent, to increase the exclusion equivalent of the unified credit to $10,000,000, and to increase the annual gift tax exclusion to $50,000.
To amend the Internal Revenue Code of 1986 to reduce estate and gift tax rates to 30 percent, to increase the exclusion equivalent of the unified credit to $10,000,000, and to increase the annual gift tax exclusion to $50,000.
Comments
Sponsors and Cosponsors of HR 543
Latest Bills
A bill to establish the Commercial Space Activity Advisory Committee, and for other purposes.
Bill S 434August 8, 2026
Doug LaMalfa Federal Disaster Tax Relief Certainty Act
Bill HR 5366August 8, 2026
READ Act
Bill S 4689August 8, 2026
American Citizenship Act
Bill S 4973August 8, 2026
Eastern Mediterranean Gateway Act
Bill S 4443August 8, 2026
Reassessing the United States-Tanzania Bilateral Relationship Act
Bill S 4577August 8, 2026
INSULIN Act of 2026
Bill S 4189August 8, 2026
Bonuses for Cost-Cutters Act of 2025
Bill S 2732August 8, 2026
Iran Human Rights, Internet Freedom, and Accountability Act of 2026
Bill S 3900August 8, 2026
Kay Hagan Tick Reauthorization Act
Bill S 2398August 8, 2026
Economic Growth and Tax Relief Reconciliation Act of 2001
Bill HR 1836January 16, 2023