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H.R. 4154, The Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009 (3 comments ↓ | 7 wiki edits )
- This item is from the 111th Congress (2009-2010) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
H.R. 4154 would amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption.