HR 8 - Estate Tax Elimination Act of 2000 - National Key Vote

Stage Details

See How Your Politicians Voted

Title: Estate Tax Elimination Act of 2000

Vote Smart's Synopsis:

Vote to override a veto on a bill that phases out estate and gift taxes by 2010.

Highlights:

  • Estimates that phase out will result in $105 billion of lost revenue between 2001 and 2010 and $50 billion of lost revenue annually thereafter.
  • Doubles the estate tax rule on conservation easements from 25 to 50 miles (distance that an easement must be located from a metropolitan area, national park or wilderness).
  • Increases the estate tax rule on conservation easements from 10 to 25 miles (distance that an easement must be located from an Urban National Forest).

NOTE: A TWO-THIRDS MAJORITY OF THOSE PRESENT AND VOTING IS REQUIRED TO OVERRIDE A PRESIDENTIAL VETO.

See How Your Politicians Voted

Title: Estate Tax Elimination Act of 2000

Vote Smart's Synopsis:

Vote to pass a bill that phases out estate and gift taxes by 2010.

Highlights:

  • Estimates that phase out will result in $105 billion of lost revenue between 2001 and 2010 and $50 billion of lost revenue annually thereafter.
  • Doubles the estate tax rule on conservation easements from 25 to 50 miles (distance that an easement must be located from a metropolitan area, national park or wilderness).
  • Increases the estate tax rule on conservation easements from 10 to 25 miles (distance that an easement must be located from an Urban National Forest).

See How Your Politicians Voted

Title: Estate Tax Elimination Act of 2000

Vote Smart's Synopsis:

Vote to pass a bill that phases out estate and gift taxes by 2010.

Highlights:

  • Estimates that phase out will result in $105 billion of lost revenue between 2001 and 2010 and $50 billion of lost revenue annually thereafter.
  • Doubles the estate tax rule on conservation easements from 25 to 50 miles (distance that an easement must be located from a metropolitan area, national park or wilderness).
  • Increases the estate tax rule on conservation easements from 10 to 25 miles (distance that an easement must be located from an Urban National Forest).

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