House leaders have begun to prepare to consider a small business bill that would include a provision limiting the use of grantor retained annuity trusts (GRATs). Today Senator Jon Kyl (R-AZ), our lead Republican ally in the Senate, pledged to offer an amendment to the bill to implement a version of the Lincoln/Kyl estate tax relief proposal. We are working with our allies in the Family Business Estate Tax Coalition to prepare for a potential floor fight. We will keep you posted.