Rep. Arrington Introduces Estate Tax Rate Reduction Act to Cut Inheritance Taxes to 20 Percent
This bill is currently sitting in the House Ways and Means and Budget committees. It has not had any recorded action since January 2025, which means it has been stalled for over 17 months. Most bills like this do not receive a committee vote and do not move forward.
While this is a priority for many House Republicans, it faces strong opposition in a divided Congress because it specifically targets tax breaks for the wealthiest households.
This bill’s path across every version that has carried it.
Reintroduced
Reintroduced from H.R. 7993 (118th), which died when its Congress ended.
H.R. 7993 (118th) →Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
Homeowners whose total estates (including property, savings, and other assets) exceed $13.6 million would benefit from the lower rate when passing wealth to heirs. For the vast majority of homeowners, this bill has no effect because their estates fall well below the exemption threshold.
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Legislation reintroduced by Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, would set an estate, gift and generation-skipping transfer tax rate of 20%, which would 'dramatically drop the costs of passing assets on to the next generation,' according to Jeff Bush.
Key proposals include... Estate tax rate reduction to match capital gains rates (~20%) (HR 601). Wealthy families, their advisors, and the executives of family offices are watching closely as the 2025 legislative session unfolds.
The final bill on the current watch list is the Estate Tax Rate Reduction Act, introduced by Rep. Arrington. It would reduce the estate tax rate from 40% to 20%. The estate tax only applies to estates above the exemption limit, which is currently $13.99 million per individual.
No votes or related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Estate Tax Rate Reduction Act
Analysis generated by AI. Always verify with official sources.