Library / Laws / 116th / hr / H.R. 222 / Introduced in House
I
116th CONGRESS
1st Session
H. R. 222
IN THE HOUSE OF REPRESENTATIVES
January 3, 2019Mr. Thornberry (for himself and Mr. Newhouse) 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 Death Tax Repeal Act of 2019.
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Subtitle B of the Internal Revenue Code of 1986 (relating to estate, gift, and generation-skipping taxes) is hereby repealed.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.