General Assembly Proposed Bill No. 573 January Session, 2013 LCO No. 1449 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. FRANTZ, 36th Dist. General Assembly Proposed Bill No. 573 January Session, 2013 LCO No. 1449 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. FRANTZ, 36th Dist. AN ACT REPEALING THE ESTATE TAX. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 217 of the general statutes be repealed. Statement of Purpose: To eliminate the estate tax in order to attract and retain more families and small businesses capable of providing a revenue stream to the state over a longer duration.