H Amdt 763 - Estate Tax Substitute Amendment - National Key Vote
Tom Petri voted Nay (Amendment Vote) on this Amendment.
Read statements Tom Petri made in this general time period.
Timeline
- House Amendment Rejected
- June 9, 2000
- Introduced
- June 9, 2000
Related Legislation
Related Issues
Stage Details
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.
Title: Estate Tax Substitute Amendment
More Info About this Vote
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.