S587-119

Introduced

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

119th Congress Introduced Feb 13, 2025

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, and for other purposes., 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 H81EAC59E9C0943C1816C725BF4779C9F: 1. Short title This Act may be cited as the Death Tax Repeal Act of 2025.
  • Section H795ACDA1BFFA43709DFDC71DDDF2B6AD: 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 H778FDECB40C84BC49EF1ECA8A89BA25B: 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 HB283005D44A24C12868D271AB4963EF4: 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 of 2025.
  • Section HDA6180EA4690495F8D690B414C7F9125: 3. Modifications of gift tax Subsection (a) of section 2502 of the Internal Revenue Code of 1986 is amended to read as follows: The tax imposed by section 2501...

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, and for other purposes., 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, and for other purposes., 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: is
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: is
federal implementing agencies: , ,
environmental regulators and natural-resource users: , ,

Legislative Progress

Introduced
Introduced Committee Passed
Feb 13, 2025

Mr. Thune (for himself, Mr. Grassley, Mr. Lankford, Mrs. Hyde-Smith, …

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