This bill lowers the tax rate on estates, gifts, and generation-skipping transfers to 20%, making it easier for families to inherit wealth.
This bill directs the Department of the Interior to remove all deed restrictions from approximately 3.62 acres located at 2956 Park Avenue, on the Paducah Memorial Army Reserve Center in Paducah, Kentucky. The restrictions include easements, exceptions, reservations, terms, conditions, and covenants described in the quitclaim deed that was executed on April 27, 2012. The deed conveyed land from Interior to the City of Paducah, Kentucky.
