H.R. 186 — Introduced in House

I 114th CONGRESS 1st Session H. R. 186 IN THE HOUSE OF REPRESENTATIVES January 7, 2015 Mr. Hudson introduced the following bill; which was referred to the Committee on Ways and Means A BILL To repeal the Federal estate and gift taxes. 1. Short title This Act may be cited as the Farmers Against Crippling Taxes Act. 2. Repeal of estate and gift taxes (a) In general Subtitle B of the Internal Revenue Code of 1986 (relating to estate, gift, and generation-skipping taxes) is hereby repealed. (b) Effective date The repeal made by subsection (a) shall apply to estates of decedents dying, gifts made, and generation-skipping transfers made after the date of the enactment of this Act.