Aug 10, 2010 | Blog
March 24, 2010 – This afternoon the House passed the Ways and Means Committee’s “Small Business and Infrastructure Jobs Tax Act”, which includes the provision limiting the usefulness of GRATs, by a vote of 246-178. The bill now heads to the Senate, where the...
Aug 10, 2010 | Blog
Dear Supporters: The new year has begun and Hill staff have indicated both publicly and privately that there is not yet consensus among Democratic leaders on how to address the estate tax (brief article included below). With the House set to return this Tuesday...
Aug 10, 2010 | Blog
In the recurring battle over the GRAT provision, on July 30 Ways and Means Committee leaders introduced and sent to the floor a third small business bill (HR 5982) including the harmful provision. The measure has been added to the suspension calendar, which means the...
Aug 10, 2010 | Blog
From Congress Daily Estate Tax Estate tax reform must pass Congress before it expires at the end of the year, even as the Senate Finance Committee expects to generate a light agenda for tax reforms, Sen. Charles Grassley (R-Iowa), the committee’s ranking member,...
Aug 10, 2010 | Blog
Today the House passed a bill purported to help small business (HR 5486) that includes a provision limiting the use of grantor retained annuity trusts (GRATs). As you may remember, should the bill be considered on the Senate side, Senator Jon Kyl (R-AZ) has suggested...
Aug 10, 2010 | Blog
As Congress has returned from the August Recess, the House and Senate have begun to turn their attention to estate tax reform. And the stakes in this fall’s battle couldn’t be higher for families. Action Through August As a consequence of the 2001 tax reform, the...
