Summary: H.R.683 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for H.R.683. Bill summaries are authored by CRS.

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Introduced in House (02/11/1997)

Amends the Internal Revenue Code to increase the unified credit against the estate tax and the gift tax.

Requires an estate tax return in cases where the gross estate exceeds $1.2 million (currently $600,000).

Revises the formula for the phaseout of graduated rates and the unified credit.