H.R. 725 — Introduced in House

I 114th CONGRESS 1st Session H. R. 725 IN THE HOUSE OF REPRESENTATIVES February 4, 2015 Mr. Latta (for himself, Mr. Jones, Mr. Messer, Mr. Joyce, Mr. Farenthold, Mr. Gosar, Mr. Poe of Texas, Mr. Long, Mr. Jody B. Hice of Georgia, and Mr. Duncan of Tennessee) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the estate tax and retain stepped-up basis at death. 1. Short title This Act may be cited as the Permanently Repeal the Estate Tax Act of 2015. 2. Repeal of estate tax and retention of basis step-up Effective for estates of decedents dying after December 31, 2014, chapter 11 of the Internal Revenue Code of 1986 is repealed.