Connecticut 2013 Regular Session

Connecticut Senate Bill SB00424 Latest Draft

Bill / Introduced Version Filed 01/22/2013

                            General Assembly  Proposed Bill No. 424
January Session, 2013  LCO No. 1067
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. BOUCHER, 26th Dist.

General Assembly

Proposed Bill No. 424 

January Session, 2013

LCO No. 1067

Referred to Committee on FINANCE, REVENUE AND BONDING 

Introduced by:

SEN. BOUCHER, 26th Dist.

AN ACT PHASING OUT THE GIFT TAX.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to phase out the gift tax over a four-year period, with the tax reduced by one-quarter in each year.

Statement of Purpose: 

To phase out the gift tax.