General Assembly Proposed Bill No. 662 January Session, 2013 LCO No. 2253 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. FRANTZ, 36th Dist. General Assembly Proposed Bill No. 662 January Session, 2013 LCO No. 2253 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. FRANTZ, 36th Dist. AN ACT REPEALING THE GIFT TAX. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 228c of the general statutes be repealed. Statement of Purpose: To eliminate the gift tax.