S.Amdt. 756
What it does: Adds SEC. ___. REPEAL OF ESTATE AND GIFT TAXES at the end of the bill
Sen. Rand Paul (R-KY)What it changes
1 change to S. 743 · shown in the bill's text
Adds SEC. ___. REPEAL OF ESTATE AND GIFT TAXES at the end of the bill
Adds a sectionIn S. 743 · Placed on Calendar Senate
Except as otherwise provided in this Act, this Act shall not be construed to preempt or limit any power exercised or to be exercised by a State or local jurisdiction under the law of such State or local jurisdiction or under any other Federal law.
Inserted: SEC. ___. REPEAL OF ESTATE AND GIFT TAXES.
Inserted: (a) In General.--Subtitle B of the Internal Revenue Code of 1986 is hereby repealed.
Inserted: (b) Effective Date.--The repeal made by paragraph (1) shall apply to the estates of decedents dying, and gifts and generation-skipping transfers made, after December 31, 2013.
Original wording
At the end, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 756. Mr. PAUL submitted an amendment intended to be proposed by him to the bill S. 743, to restore States' sovereign rights to enforce State and local sales and use tax laws, and for other purposes; which was ordered to lie on the table; as follows:
At the end, insert the following:
SEC. ___. REPEAL OF ESTATE AND GIFT TAXES.
(a) In General.--Subtitle B of the Internal Revenue Code of 1986 is hereby repealed.
(b) Effective Date.--The repeal made by paragraph (1) shall apply to the estates of decedents dying, and gifts and generation-skipping transfers made, after December 31, 2013.
Legislative Activity
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Senate amendment submitted
April 24, 2013
Amendments
1 amendmentOffered to this amendment
Amendments
1 amendmentOffered to this amendment