Senate puts off vote on estate tax repeal till September - 2005-07-29

Estate tax

Senate puts off vote on estate tax repeal till September - 2005-07-29: "Senate puts off vote on estate tax repeal till September
Barbara Pinckney
The Business Review

Business owners will have to wait a little bit longer to find out if the estate tax will be eliminiated, reformed or left intact.


U.S. Senate Majority Leader Bill Frist said that because of a bottleneck in the Senate, a vote on legislation calling for permanent repeal of the estate tax will not be held before Congress leaves for its August break. The House passed the bill in April, but the matter was held up in the Senate by members concerned about the impact on the federal budget."