Death Tax Repeal Clears Congress

                      AIADA Dealers Played Integral Role

    WASHINGTON, May 26 The House-Senate Conference Committee
on the Tax Reconciliation Act, H.R. 1836, completed its negotiations last
night reconciling the differences between the House and Senate tax bills.  The
final bill includes AIADA's much sought-after provision to repeal the death
tax.  President Bush is expected to sign the bill into law.

    "AIADA dealers played an integral role in passing this legislation by
communicating with their legislators to explain the devastating impact this
unfair tax can have on family-owned small businesses," said AIADA President
Walter E. Huizenga.  "In fact, hundreds of our members were up on Capitol Hill
earlier this week in connection with AIADA's annual Automotive Congress -- the
industry's largest grassroots lobbying event -- to urge their members of
Congress to repeal this onerous tax."

    AIADA, in conjunction with other organizations in the Family Business
Estate Tax Coalition, activated tens of thousands of small business people
nationwide to successfully repeal the death tax.

    The death tax repeal provision will provide a nine-year phase down leading
to the repeal of the death tax.  During the nine-year period when the death
tax is phased down and repealed, significant relief will be provided through
death tax rate reductions as well as through future increases in the unified
tax credit.