H.R. 6042 — Introduced in House

I 114th CONGRESS 2d Session H. R. 6042 IN THE HOUSE OF REPRESENTATIVES September 15, 2016Mr. Sensenbrenner introduced the following bill; which was referred to the Committee on Ways and Means A BILL To nullify certain proposed regulations relating to restrictions on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes. 1. Nullification of certain proposed regulations relating to restrictions on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes Regulations proposed for purposes of section 2704 of the Internal Revenue Code of 1986 relating to restrictions on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes, published on August 4, 2016 (81 Fed. Reg. 51413), and any substantially similar regulations hereafter promulgated, shall have no force or effect.