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House Passed H.R. 5486

I previously posted that Representative Sander Levin introduced H.R. 5486 which would put limitations on GRATs.  On June 15, the House passed H.R. 5486, and the roll call for the bill is below:Roll call 2 These numbers are very similar to the numbers recorded for the passage of H.R. 4849 which also placed limitations on GRATs. 

See Hani Sarji,On June 15, 2010, the House passed H.R. 5486, another bill that would limit grantor retained annuity trusts (GRATs), Future of the Federal Estate Tax, June 16, 2010.   

Special thanks to Hani Sarji (LL.M in Tax candidate at New York Law School) for bringing this to my attention.

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