$100,000 $18,200, plus 28% of the excess over $80,000. Over $100,000 but not over $150,000 $23,800, plus 30% of the excess over $100,000. Over $150,000 but not over $250,000 $38,800, plus 32% of the excess of $150,000. Over $250,000 but not over $500,000 $70,800, plus 34% of the excess over $250,000. Over $500,000 $155,800, plus 35% of the excess of $500,000. . (2) Lifetime gift exemption Section 2505 is amended by adding at the end the following new subsection: (d) Gifts made after 2024 (1) In general In the case of a gift made after December 31, 2024, subsection (a)(1) shall be applied by substituting the amount of the tentative tax which would be determined under the rate schedule set forth in section 2502(a)(2) if the amount with respect to which such tentative tax is to be computed were $10,000,000 for the applicable credit amount in effect under section 2010(c) which would apply if the donor died as of the end of the calendar year . (2) Inflation adjustment (A) In general In the case of any calendar year after 2024, the dollar amount in subsection (a)(1) (after application of this subsection) shall be increased by an amount equal to— (i) such dollar amount, multiplied by (ii) the cost-of-living adjustment determined under section 1(c)(2)(A) of such calendar year by substituting calendar year 2011 for calendar year 2016 in clause (ii) thereof. (B) Rounding If any amount as adjusted under paragraph (1) is not a multiple of $10,000, such amount shall be rounded to the nearest multiple of $10,000. . (3) Other conforming amendments related to gift tax Section 2801 is amended by adding at the end the following new subsection: (g) Gifts received after 2024 In the case of a gift received after December 31, 2024, subsection (a)(1) shall be applied by substituting section 2502(a)(2) for section 2001(c) as in effect on the date of such receipt . . (d) Effective date The amendments made by this section shall apply to estates of decedents dying, generation-skipping transfers, and gifts made, after December 31, 2024. II