legislation: 104-s-2173
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 104-s-2173 | 104 | s | 2173 | Family Business Estate Tax Relief Act of 1996 | Taxation | 1996-09-30 | 1996-10-03 | Sponsor introductory remarks on measure. (CR S12258) | Senate | Sen. Dorgan, Byron L. [D-ND] | ND | D | D000432 | 0 | Family Business Estate Tax Relief Act of 1996 - Amends the Internal Revenue Code to exclude from a family-owned business' gross estate up to $900,000 of family-owned business interest (in addition to the existing $600,000 estate and gift tax credit), provided that the heirs continue to materially participate in the business for a specified period after the owner's death. Increases the portion of the estate tax subject to the "four- percent" (interest) rule. | 2025-08-21T20:16:18Z |