H.R. 4154 - Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009

Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009

H.R. 4154 — 111^th Congress (2009–2010)

Keywords

Estate Tax, PAYGO

Summary

To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, to reinstitute and update the Pay-As-You-Go requirement of budget neutrality on new tax and mandatory spending legislation, enforced by the threat of annual, automatic sequestration, and for other purposes. (by CRS)

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Title

To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, and for other purposes.

Other Titles

• Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009
• Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009
• Statutory Pay-As-You-Go Act of 2009
• To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, to reinstitute and update the Pay-As-You-Go requirement of budget neutrality on new tax and mandatory spending legislation, enforced by the threat of annual, automatic sequestration, and for other purposes.

Sponsor

Earl Pomeroy

Co-Sponsors

• Baron Hill
• Dennis Moore
• Charles Melancon
• Stephanie Herseth Sandlin
• Michael Michaud
• Kathleen Dahlkemper
• John Tanner
• Robert Berry
• Jim Cooper
• Bob Etheridge
• Leonard Boswell

Subjects

• Taxation
• Budget deficits and national debt
• Budget process
• Government information and archives
• House Committee on the Budget
• Income tax rates
• Judicial review and appeals
• Legislative rules and procedure
• Medicaid
• Medicare
• Prescription drugs
• Senate Committee on the Budget
• Transfer and inheritance taxes

Related Bills

• H.Res. 941 (111^th) : Providing for Consideration of the Bill (H.R. 4154) to Amend the Internal Revenue Code of 1986 to Repeal the New Carryover Basis Rules in Order to Prevent Tax Increases and the Imposition of Compliance Burdens on Many More Estates Than Would Benefit from Repeal, to Retain the Estate Tax with a $3,500,000 Exemption, and for Other Purposes.
• H.R. 436 (111^th) : Certain Estate Tax Relief Act of 2009
• H.R. 2920 (111^th) : Statutory Pay-As-You-Go Act of 2009
• H.R. 3841 (111^th) : Small Business and Family Farm Estate Tax Relief Act of 2009

Major Actions

Introduced	11/19/2009
Referred to Committee
Passed House	12/03/2009

Bill History

• All Votes
• All Actions
• Amendments

	Chamber/Committee	Motion	Date	Result
select this vote	House	Table Appeal of the Ruling of the Chair: H.R. 4154 Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009	12/03/2009	This motion PASSED the House 234 voted YES 186 voted NO 14 voted present/not voting
select this vote	House	On Motion to Recommit with Instructions: H.R. 4154 Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009	12/03/2009	This motion DID NOT PASS the House 187 voted YES 233 voted NO 14 voted present/not voting
currently selected	House	On Passage - House - H.R. 4154 Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009	12/03/2009	This bill PASSED the House 225 voted YES 200 voted NO 9 voted present/not voting

	Action	Date	Description
	Introduced	11/19/2009
		11/19/2009	Referred to the House Committee on Ways and Means.
		12/02/2009	Rules Committee Resolution H. Res. 941 Reported to House. Rule provides for consideration of H.R. 4154 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is closed to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI.
		12/03/2009	Received in the Senate.
		12/03/2009	Rule H. Res. 941 passed House.
		12/03/2009	Considered under the provisions of rule H. Res. 941.
		12/03/2009	Rule provides for consideration of H.R. 4154 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is closed to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI.
		12/03/2009	DEBATE - The House proceeded with one hour of debate on H.R. 4154.
		12/03/2009	The previous question was ordered pursuant to the rule.
		12/03/2009	Point of order sustained against the motion to recommit with instructions.
		12/03/2009	Mr. Pomeroy raised a point of order against the motion to recommit with instructions. Mr. Pomeroy stated that the provisions of the amendment violates clause 10 of rule 21 by increasing the deficit. Sustained by the Chair.
		12/03/2009	Mr. Heller moved to recommit with instructions to Ways and Means.
		12/03/2009	Mr. Heller appealed the ruling of the chair. The question was then put on sustaining the ruling of the chair.
		12/03/2009	Mr. Pomeroy moved to table the appeal of the ruling of the chair
select this vote	Vote	12/03/2009	Table Appeal of the Ruling of the Chair: H.R. 4154 Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009
		12/03/2009	Mr. Heller moved to recommit with instructions to Ways and Means.
		12/03/2009	DEBATE - The House proceeded with 10 minutes of debate on the Heller motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House with an amendment to extend the death tax repeal extension act until December 31, 2011.
		12/03/2009	The previous question on the motion to recommit with instructions was ordered without objection.
select this vote	Vote	12/03/2009	On Motion to Recommit with Instructions: H.R. 4154 Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009
currently selected	House Vote on Passage	12/03/2009	On Passage - House - H.R. 4154 Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009
		12/24/2009	Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
	Put on a legislative calendar	1/20/2010	Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 253.

	Number	Sponsor	Date Offered	Status