On Thursday, the House of Representatives passed H.R. 1105, the Death Tax Repeal Act, by a 240-179 vote. This attempt to repeal the federal estate tax was the first vote of its kind in a decade and the likelihood for Senate consideration is low. During the fiscal year 2016 Budget vote-a-rama in the Senate late last month, an amendment (No. 607) was offered by Senator John Thune (R-S.D.) that would permanently repeal the estate tax passed on a party-line vote 54 to 46. That vote, mostly symbolic because of its non-binding nature, was more of a policy statement that provided a gauge of what might happen if a repeal bill is brought to the floor.
For more information, please contact Brian Lenihan at lenihanb@agc.org or (202) 547-4733. Return to Top