General Assembly Proposed Bill No. 6627
January Session, 2015 LCO No. 2356
*02356*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. FREY, 111th Dist.
General Assembly
Proposed Bill No. 6627
January Session, 2015
LCO No. 2356
*02356*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. FREY, 111th Dist.
AN ACT IMPLEMENTING A PORTABILITY RULE FOR ESTATES OF MARRIED TAXPAYERS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to implement a portability rule under the state estate tax that mirrors the federal portability election under which the estate of a married taxpayer may pass the unused part of the estate and gift tax exclusion to a surviving spouse.
Statement of Purpose:
To implement a portability rule under the state estate tax that mirrors the federal portability election.