S.Amdt. 2274
What it does: Adds SEC. ___. PERMANENT ESTATE TAX RELIEF wherever appropriate
Sen. Jim DeMint (R-SC)What it changes
1 change to S. 3240
Adds SEC. ___. PERMANENT ESTATE TAX RELIEF wherever appropriate
Adds a sectionInserted: SEC. ___. PERMANENT ESTATE TAX RELIEF.
Inserted: (a) In General.--Title III of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, and the amendments made thereby, are repealed; and the Internal Revenue Code of 1986 shall be applied as if such title, and amendments, had never been enacted.
Inserted: (b) Exclusion From EGGTRA Sunset.--Section 901 of the Economic Growth and Tax Relief Reconciliation Act of 2001 shall not apply to the provisions of, and amendments made by, subtitle A or E of title V of such Act.
Inserted: (c) Effective Date.--The repeal made by subsection (a) shall apply to estates of decedents dying, gifts made, and generation skipping transfers after December 31, 2009.
The amendment doesn't say where this goes; the clerk decides.
Original wording
At the appropriate place, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2274. Mr. DeMINT (for himself and Mr. Paul) submitted an amendment intended to be proposed by him to the bill S. 3240, to reauthorize agricultural programs through 2017, and for other purposes; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. ___. PERMANENT ESTATE TAX RELIEF.
(a) In General.--Title III of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, and the amendments made thereby, are repealed; and the Internal Revenue Code of 1986 shall be applied as if such title, and amendments, had never been enacted.
(b) Exclusion From EGGTRA Sunset.--Section 901 of the Economic Growth and Tax Relief Reconciliation Act of 2001 shall not apply to the provisions of, and amendments made by, subtitle A or E of title V of such Act.
(c) Effective Date.--The repeal made by subsection (a) shall apply to estates of decedents dying, gifts made, and generation skipping transfers after December 31, 2009.
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Senate amendment submitted
June 11, 2012