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Key Votes

H Amdt 763 - Estate Tax Substitute Amendment - Key Vote

National Key Votes

Frank Pallone, Jr. voted Yea (Amendment Vote) on this Amendment.

Read statements Frank Pallone, Jr. made in this general time period.

Stages

Family

Issues

Note

NOTE: THIS IS A SUBSTITUTE AMENDMENT, WHICH REPLACES THE ENTIRE TEXT OF THE LEGISLATION WITH A NEW TEXT. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

Stage Details

Amendment - Amendment Rejected (House) (196-222) - (Key vote)

Title: Estate Tax Substitute Amendment

Vote Smart's Synopsis:

Vote to adopt a substitute amendment that would increase the estate tax exemption for small businesses and family owned farms and reduce all estate taxes by 20 percent.

Highlights:
  • Increases the estates tax exemption from $1.3 million to $2 million for small businesses and family owned farms, and from $675,000 to $1.1 million for individuals.
  • Provides a 20 percent across-the-board reduction to estate and gift taxes.
Amendment - Introduced (House) -

Title: Estate Tax Substitute Amendment

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