U.S. House may consider estate tax bill today (December 3, 2009)

The following excerpt is from House Set to Vote on Pomeroy Estate Tax Bill, OMB Watch, Dec. 2, 2009:

The House plans to take up estate tax reform as early as tomorrow [12/3/09] with a vote on Rep. Earl Pomeroy’s (D-ND) Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009 (H.R. 4154). The Pomeroy bill would permanently extend current estate tax law at a $7 million exemption for couples at a 45 percent rate.

Special thanks to Karen Meckstroth (attorney and author of the Bay Area Wills, Trusts & Probate Report) for bringing this article to my attention.