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HR.7087 · 119TH CONGRESS

Grave Injustice Parity Act

Status
In Committee
Latest Action
2026-01-15
Sponsor
Moran, Nathaniel (R-Texas)
Official Source
Investability
0/100
Stage
COMMITTEE
Related Bills
0
Full Text
3,564 chars
Alive
Yes

What This Bill Does · Plain English

Summary
Plain-English summary not yet available for this bill. Check back after our next analysis run.

Action Timeline

2026-01-15
Introduced in House
2026-01-15
Referred to the House Committee on Ways and Means.
2026-01-15
Introduced in House

Frequently Asked Questions

Did HR.7087 pass?
HR.7087 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
Who sponsored HR.7087?
HR.7087 was sponsored by Nathaniel Moran (R-Texas).

Full Bill Text

119 HR 7087 IH: Grave Injustice Parity Act U.S. House of Representatives 2026-01-15 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 2d Session H. R. 7087 IN THE HOUSE OF REPRESENTATIVES January 15, 2026 Mr. Moran (for himself and Ms. Sewell ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to allow for deductions for transfers from estates or gifts to certain cemeteries. 1. Short title This Act may be cited as the Grave Injustice Parity Act . 2. Deductions for transfers from estates or gifts to certain cemeteries (a) Estates Section 2055(a) of the Internal Revenue Code of 1986 is amended by striking or at the end of paragraph (4), by striking the period at the end of paragraph (5) and inserting ; or , and by inserting after paragraph (5) the following new paragraph: (6) to a cemetery company owned and operated exclusively for the benefit of its members, or any corporation chartered solely for burial purposes as a cemetery corporation and not permitted by its charter to engage in any business not necessarily incident to that purpose, if such company or corporation is not operated for profit and no part of the net earnings of such company or corporation inures to the benefit of any private shareholder or individual. . (b) Gifts (1) Residents Section 2522(a) of the Internal Revenue Code of 1986 is amended by striking the period at the end of paragraph (4) and inserting ; or , and by inserting after paragraph (4) the following new paragraph: (5) a cemetery company owned and operated exclusively for the benefit of its members, or any corporation chartered solely for burial purposes as a cemetery corporation and not permitted by its charter to engage in any business not necessarily incident to that purpose, if such company or corporation is not operated for profit and no part of the net earnings of such company or corporation inures to the benefit of any private shareholder or individual. . (2) Nonresidents Section 2522(b) of the Internal Revenue Code of 1986 is amended by striking the period at the end of paragraph (5) and inserting ; or , and by inserting after paragraph (5) the following new paragraph: (6) a cemetery company owned and operated exclusively for the benefit of its members, or any corporation chartered solely for burial purposes as a cemetery corporation and not permitted by its charter to engage in any business not necessarily incident to that purpose, if such company or corporation is not operated for profit and no part of the net earnings of such company or corporation inures to the benefit of any private shareholder or individual. . (c) Effective date The amendments made by this section shall apply with respect to taxable years beginning after the date of enactment of this Act. 3. Distributions of private foundations to cemeteries (a) Taxes on failure To distribute income Section 4942(g)(1)(A) of the Internal Revenue Code of 1986 is amended by inserting to a cemetery company described in section 170(c)(5) or after paid . (b) Taxes on taxable expenditures Section 4945(d)(4)(A) is amended by striking or at the end of clause (ii) and by adding at the end the following new clause: (iv) is a cemetery company described in section 170(c)(5), or . (c) Effective date The amendments made by this section shall apply with respect to distributions made after the date of the enactment of this Act.
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Bill text sourced from GovInfo.gov · public domain · last updated 2026-10-12. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]