Bipartisan Estate Tax Repeal Bill Introduced

Bipartisan legislation has been introduced in the House to repeal the estate and generation-skipping transfer (GST) taxes and retain step-up-in-basis (HR 1259). The bill is authored by Representative Kevin Brady (R-TX), a key leader on tax issues on the House Ways and Means Committee. In addition to our work to generate support for compromise initiatives that would preserve and build upon our gains in the 2010 Tax Act, Policy and Taxation Group has been working to secure original cosponsors on the bill, with a particular emphasis on ensuring Democratic support. Original cosponsors include Representatives Mike Ross (D-AR), Devin Nunes (R-CA), Dan Boren (D-OK) and Kristi Noem (R-SD).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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