HR7035-118

Introduced

To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes.

118th Congress Introduced Jan 18, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes., changes federal law or congressional policy affecting environmental regulators and natural-resource users. The main policy domain is Environment, Finance.

Who Benefits and How

environmental regulators and natural-resource users may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, environmental regulators and natural-resource users may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H838A613AB96841EFAFB0267CAB52F043: 1. Short title This Act may be cited as the Death Tax Repeal Act.
  • Section H868AED80D3C24F8D93B3A88FAB711A06: 2. Repeal of estate and generation-skipping transfer taxes Subchapter C of chapter 11 of subtitle B of the Internal Revenue Code of 1986 is amended by adding...
  • Section HA33AD65736C944FDA8DAC7216EE5B383: 2210. Termination Except as provided in subsection (b), this chapter shall not apply to the estates of decedents dying on or after the date of the enactment of...
  • Section HDDB429901F9C4835AF69FB770A133663: 2664. Termination This chapter shall not apply to generation-skipping transfers on or after the date of the enactment of the Death Tax Repeal Act.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes., changes federal law or congressional policy affecting environmental regulators and natural-resource users.

Key Policy Areas

Environment, Finance

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes., changes federal law or congressional policy affecting environmental regulators and natural-resource users.

Policy Domains

Environment Finance

Whole bill

Identified Gains
  • environmental regulators and natural-resource users
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
environmental regulators and natural-resource users: , ,
Identified Costs
  • federal implementing agencies
  • environmental regulators and natural-resource users
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: , ,
environmental regulators and natural-resource users: , ,

Legislative Progress

Introduced
Introduced Committee Passed
Jan 18, 2024

Mr. Feenstra (for himself, Mr. Bishop of Georgia, Ms. Tenney, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Environment Finance
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology