Amendment · S.Amdt. 2364· Senate(119-SAMDT-2364)

S.Amdt. 2364

Age: 63 years

Kentucky

Introduced: 6/28/2025
Sponsored by: Rand Paul
Cosponsors: None

Changes bill: 119-HR-1 — One Big Beautiful Bill Act

Introduced
Pending Consideration
Failed

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

As your legislative analyst, let's break down what this amendment is trying to do in plain English. Mr. Paul submitted amendment SA 2364 to be proposed for the bill H.R. 1.

The sole purpose of this amendment is to strike section 70106 and replace it with new rules regarding the extension and enhancement of increased estate and gift tax exemption amounts.

Here is what it actually changes in the text:

It changes the $5,000,000 amount to $30,000,000.
It changes the year 2011 to 2026.
It changes the calendar year 2010 to 2025.
It strikes a specific part labeled subparagraph (C).
It makes these changes apply to estates of decedents dying and gifts made after December 31, 2025.