H.R. 4996 - Sensible Estate Tax Act of 2016

The Sensible Estate Tax Act of 2016, introduced by Ways and Means Committee Ranking Member Sander Levin (D-MI), Democratic Whip Steny H. Hoyer (D-MD), Ways and Means Committee Democratic Members Charles B. Rangel (D-NY), Richard E. Neal (D-MA), John B. Larson (D-CT), Earl Blumenauer (D-OR), Bill Pascrell, Jr. (D-NJ), and Joe Crowley (D-NY), and Budget Committee Ranking Member Chris Van Hollen (D-MD), would bring fairness to the tax code by restoring the estate tax and gift tax to the more sensible levels that were in effect in 2009.

Additional Resources:

Issues: