KPMG reports that the House Ways + Means Committee has approved three tax bills, which address various issues. Among those are an estate tax revenue raiser, which would move the sunset date for the increased estate tax exemption amount from the current, January 1, 2026 date, to January 1, 2023.
See the following resources, including the KPMG summery:
- Text of HR 3301, The Taxpayer Certainty and Disaster Relief Act of 2019, which includes the estate tax provision.
- H.R. 3299, The Promoting Respect for Individuals’ Dignity and Equality (PRIDE) Act of 2019
- H.R. 3300, The Economic Mobility Act of 2019
- KPMG Article: Ways and Means approves three tax bills (June 21, 2019).
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal..
