There is one summary for S.860. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (03/25/2015)

Death Tax Repeal Act of 2015

Amends the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. Provides for an inflation adjustment to such exemption amount.