General Assembly Proposed Bill No. 6
February Session, 2016 LCO No. 61
*00061*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. CRISCO, 17th Dist.
General Assembly
Proposed Bill No. 6
February Session, 2016
LCO No. 61
*00061*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. CRISCO, 17th Dist.
AN ACT INCREASING THE THRESHOLDS FOR THE ESTATE TAX AND THE GIFT TAX.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to increase the amount of (1) an estate that is taxable under the estate tax, and (2) a gift that is taxable under the gift tax.
Statement of Purpose:
That the estate and gift tax thresholds be increased in order to help retain the state's retirees.