Summary: H.R.5512 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.5512. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (10/12/1988)

Amends the Internal Revenue Code to exclude dispositions of land valued under use value principles and transferred to a member of the qualified heir's family from provisions requiring accelerated payment of deferred estate tax liability in qualified instances in which the estate consists largely of interest in a closely held business.