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congressional_record: CREC-2025-06-28-pt1-PgS3780-5

Congressional Record — full text of everything said on the floor of Congress. Speeches, debates, procedural actions from 1994 to present. House, Senate, Extensions of Remarks, and Daily Digest.

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granule_id date congress session volume issue title chamber granule_class sub_granule_class page_start page_end speakers bills citation full_text
CREC-2025-06-28-pt1-PgS3780-5 2025-06-28 119 1     Text of Senate Amendment 2365 SENATE SENATE SAMENDMENTTEXTIND S3780 S3781 [{"name": "Rand Paul", "role": "speaking"}] [{"congress": "119", "type": "HR", "number": "1"}, {"congress": "119", "type": "HCONRES", "number": "14"}] 171 Cong. Rec. S3780 Congressional Record, Volume 171 Issue 112 (Saturday, June 28, 2025) [Congressional Record Volume 171, Number 112 (Saturday, June 28, 2025)] [Senate] [Pages S3780-S3781] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] SA 2365. Mr. PAUL submitted an amendment intended to be proposed to amendment SA 2360 proposed by Mr. [[Page S3781]] Thune (for Mr. Graham) to the bill H.R. 1, to provide for reconciliation pursuant to title II of H. Con. Res. 14; which was ordered to lie on the table; as follows: Strike section 70106 and insert the following: SEC. 70106. REPEAL OF ESTATE AND GENERATION-SKIPPING TRANSFER TAXES. (a) Estate Tax Repeal.--Subchapter C of chapter 11 of subtitle B is amended by adding at the end the following new section: ``SEC. 2210. TERMINATION. ``(a) In General.--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 this section. ``(b) Certain Distributions From Qualified Domestic Trusts.--In applying section 2056A with respect to the surviving spouse of a decedent dying before the date of the enactment of this section-- ``(1) section 2056A(b)(1)(A) shall not apply to distributions made after the 10-year period beginning on such date, and ``(2) section 2056A(b)(1)(B) shall not apply on or after such date.''. (b) Generation-Skipping Transfer Tax Repeal.--Subchapter G of chapter 13 of subtitle B is amended by adding at the end the following new section: ``SEC. 2664. TERMINATION. ``This chapter shall not apply to generation-skipping transfers on or after the date of the enactment of this section.''. (c) Conforming Amendments.-- (1) The table of sections for subchapter C of chapter 11 is amended by adding at the end the following new item: ``Sec. 2210. Termination.''. (2) The table of sections for subchapter G of chapter 13 is amended by adding at the end the following new item: ``Sec. 2664. Termination.''. (d) Effective Date.--The amendments made by this section shall apply to the estates of decedents dying, and generation-skipping transfers, after the date of the enactment of this Act. ______

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