SA 3693. Mr. DeMINT submitted an amendment intended to be proposed to the amendment SA 3500 proposed by Mr. Harkin (for himself, Mr. Chambliss, Mr. Baucus, and Mr. Grassley) to the bill H.R. 2419, to provide for the continuation of agricultural programs through fiscal year 2012, and for other purposes; which was ordered to lie on the table; as follows:

On page 1587, after line 18, add the following:
Subtitle G--Repeal of Federal Estate and Gift Taxes


SEC. 12701. REPEAL OF FEDERAL ESTATE AND GIFT TAXES.
(a) In General.--Subtitle B of the Internal Revenue Code of 1986 (relating to estate, gift, and generation-skipping taxes) is hereby repealed.
(b) Effective Date.--The repeal made by subsection (a) shall apply to estates of decedents dying, gifts made, and generation-skipping transfers made after the date of the enactment of this Act.


(As printed in the Congressional Record for the Senate on Nov 15, 2007.)