II
113th CONGRESS
1st Session
S. 1402
IN THE SENATE OF THE UNITED STATES
July 31, 2013
Mr. Boozman introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To repeal the Federal estate and gift taxes.
Short title
This Act may be cited as the
Death Tax Repeal
Act
.
Repeal of estate and gift taxes
In general
Subtitle B of the Internal Revenue Code of 1986 (relating to estate, gift, and generation-skipping taxes) is hereby repealed.
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.