I 118th CONGRESS 1st Session H. R. 338 IN THE HOUSE OF REPRESENTATIVES January 12, 2023 Mr. Latta (for himself, Mr. Crawford , Mrs. Miller of Illinois , Mr. Smith of New Jersey , Mr. Johnson of Ohio , Mrs. Wagner , Mr. Hunt , and Mr. Cole ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the estate tax and retain stepped-up basis at death.

1. Short title This Act may be cited as the Permanently Repeal the Estate Tax Act of 2023 . 2. Repeal of estate tax and retention of basis step-up Effective for estates of decedents dying after December 31, 2022, chapter 11 of the Internal Revenue Code of 1986 is repealed.