Death Tax Permanency Act of 2003

Death Tax Permanency Act of 2003 - Amends title IX (Compliance with Congressional Budget Act) of the Economic Growth and Tax Relief Reconciliation Act of 2001 (P.L. 107-16) to repeal the sunset provisions applicable to title V (Estate, Gift, and Generation-Skipping Transfer Taxes) of such Act. (Makes estate tax repeal permanent.)

States that such amendments shall take effect as if included in section 901 of such Act.

[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 57 Introduced in House (IH)]







108th CONGRESS
  1st Session
                                 H. R. 57

            To make the repeal of the estate tax permanent.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 7, 2003

    Ms. Dunn (for herself, Mr. Cramer, Mr. Shuster, Mr. DeMint, Mr. 
  Nethercutt, Mr. Kolbe, Mr. Herger, Mr. Hastings of Washington, Mr. 
Camp, Mr. Foley, Mr. Wilson of South Carolina, Mr. Weller, Mr. Putnam, 
Mr. Toomey, Mr. McKeon, Mr. Mica, Mr. Wicker, Mr. Boehner, Mr. Platts, 
   Mr. Goode, Mr. Tom Davis of Virginia, Mr. Norwood, Mr. Weldon of 
Florida, Mr. Gibbons, Mr. Bass, Mr. Cunningham, Mr. Shimkus, Mr. Wamp, 
   Mrs. Myrick, Mr. Pickering, Mr. Ryan of Wisconsin, Mr. Rogers of 
Michigan, Mr. Kirk, Mr. Jones of North Carolina, Mr. Wolf, Mr. Boucher, 
Mr. Reynolds, Mr. English, Mr. Hall, Mrs. Northup, Mr. Knollenberg, Mr. 
      Hayworth, Mr. Dreier, Mr. McInnis, Mr. Crane, Mr. Shaw, Mr. 
   Abercrombie, Mr. Souder, Mrs. Wilson of New Mexico, Mr. Rogers of 
   Kentucky, Mr. Sam Johnson of Texas, Mr. Rehberg, and Mr. Calvert) 
 introduced the following bill; which was referred to the Committee on 
                             Ways and Means

_______________________________________________________________________

                                 A BILL


 
            To make the repeal of the estate tax permanent.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Death Tax Permanency Act of 2003''.

SEC. 2. ESTATE TAX REPEAL MADE PERMANENT.

    (a) In General.--Section 901 of the Economic Growth and Tax Relief 
Reconciliation Act of 2001 is amended--
            (1) in subsection (a) by striking ``shall not apply--'' and 
        all that follows and inserting ``(other than title V) shall not 
        apply to taxable, plan, or limitation years beginning after 
        December 31, 2010.'', and
            (2) in subsection (b) by striking ``, estates, gifts, and 
        transfers''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
take effect as if included in section 901 of the Economic Growth and 
Tax Relief Reconciliation Act of 2001.
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