Kyl Pledges to Push for Estate Tax Relief on Small Business Bill, Estate Tax Questions Remain, Policy and Taxation Group

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Kyl Pledges to Push for Estate Tax Relief on Small Business Bill

House leaders have begun to prepare to consider a small business bill that would include a provision limiting the use of grantor retained annuity trusts (GRATs). Today Senator Jon Kyl (R-AZ), our lead Republican ally in the Senate, pledged to offer an amendment to the bill to implement a version of the Lincoln/Kyl estate tax relief proposal. We are working with our allies in the Family Business Estate Tax Coalition to prepare for a potential floor fight. We will keep you posted.

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