Introduced
by
To establish certain rebuttable presumptions regarding the intent of a person who dies in 2010 and wills an estate, generally to the effect of reducing the estate’s tax liability. The bill specifies procedures and deadlines for attempts to rebut the presumption. Note: Under current law, the federal “death tax” rate, gradually lowered over several years to zero in 2010 by the temporary Bush tax cuts, comes back at 55 percent at midnight, Dec. 31, 2010.
Referred to the Committee on Judiciary
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 105 to 0 (details)
To establish certain rebuttable presumptions regarding the intent of a person who dies in 2010 and wills an estate, generally to the effect of making no change in the estate’s tax liability regardless of the elimination of the federal estate tax in 2010 only. The bill specifies procedures and deadlines for attempts to rebut the presumption. Note: Under current law, the federal “death tax” rate, gradually lowered over several years to zero in 2010 by the temporary Bush tax cuts, comes back at 55 percent at midnight, Dec. 31, 2010.
Referred to the Committee on Judiciary
Passed in the Senate 35 to 0 (details)
