Grave Injustice Parity Act

HR 7087, the "Grave Injustice Parity Act," expands tax deductions for estates and gifts transferred to qualifying non-profit cemetery entities. It allows deductions for transfers to cemetery companies owned exclusively for members or non-profit burial corporations that operate solely for burial purposes, have no private profit motive, and direct all earnings toward cemetery operations (not private shareholders). This applies to both estate tax (Section 2055) and gift tax (Sections 2522) deductions, as well as private foundation distributions (Sections 4942/4945). The bill directly affects donors and estates/gifts made to such cemetery organizations, with changes effective after enactment.