General Assembly Proposed Bill No. 416
January Session, 2013 LCO No. 1260
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. BOUCHER, 26th Dist.
General Assembly
Proposed Bill No. 416
January Session, 2013
LCO No. 1260
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. BOUCHER, 26th Dist.
AN ACT PHASING OUT THE STATE PORTION OF THE REAL ESTATE CONVEYANCE TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 223 of the general statutes be amended to phase out the state portion of the real estate conveyance tax over two years, with the amount reduced by half in the first year.
Statement of Purpose:
To provide tax relief by phasing out the state portion of the real estate conveyance tax.