Death Tax Repeal Permanency Act of 2012

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

R ThuneSponsor

37 cosponsors · 37 R

34 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Death Tax Repeal Permanency Act of 2012 - Amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and a $5 million lifetime gift tax exemption.

What it does: CRS summary · Introduced in Senate · Mar 28, 2012

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Death Tax Repeal Permanency Act of 2012

Latest action (Mar 28, 2012): Read twice and referred to the Committee on Finance.

Policy area: Taxation · Origin: Senate · Introduced: Mar 28, 2012

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.