H.R. 10494

American Tariff Rebate Act

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Sec. 4. Modification of estate and gift tax exemption amounts

(a) In general. Section 2010(c)(3)(A) of the Internal Revenue Code of 1986 is amended by striking $15,000,000 and inserting $10,000,000.

(b) Effective date. The amendment made by this section shall take effect as if included in section 70106 of Public Law 119–21.