Bill Summary & Status for the 106th Congress

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H.R.3074
Sponsor: Rep Cook, Merrill (introduced 10/14/1999)
Latest Major Action: 10/14/1999 Referred to House committee
Title: To repeal the Federal estate and gift taxes and the alternative minimum tax on individuals and corporations.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
10/14/1999:
Referred to the House Committee on Ways and Means.

COMMITTEE(S):
RELATED BILL DETAILS:

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AMENDMENT(S):

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COSPONSOR(S):

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SUMMARY AS OF:
10/14/1999--Introduced.

Amends the Internal Revenue Code to repeal as of January 1, 2005, the estate tax, gift tax, and alternative minimum tax on individuals and corporations. Requires an annual phase-out of the latter tax.