1. Short title
This Act may be cited as the “Death Tax Repeal Act”.
Death Tax Repeal Act
A BILL
To repeal the Federal estate and gift taxes.
2. Repeal of estate and gift taxes
In general— Subtitle B of the Internal Revenue Code of 1986 (relating to estate, gift, and generation-skipping taxes) is hereby repealed.
Effective date— The repeal made by subsection (a) shall apply to estates of decedents dying, gifts made, and generation-skipping transfers made after the date of the enactment of this Act.