Grave Injustice Parity Act

This bill would change federal tax law so that money or property left to certain cemeteries in a will could be deducted from the estate tax. It would also let people deduct gifts to these cemeteries from the gift tax, for both U.S. residents and nonresidents. The cemeteries covered are member-owned cemetery companies or corporations chartered only for burial purposes that are not run for profit. The bill would also let private foundations count grants to these cemetery companies toward the amount they are required to give out each year, and would add these cemetery companies to the list of recipients of foundation grants that are not treated as taxable spending.

Full text and official record on Congress.gov

Sponsors

• Nathaniel Moran Republican sponsor
• 3 cosponsors