Connecticut 2017 2017 Regular Session

Connecticut House Bill HB05430 Introduced / Bill

Filed 01/10/2017

                    General Assembly  Proposed Bill No. 5430
January Session, 2017  LCO No. 1006
 *01006*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. LAVIELLE, 143rd Dist.

General Assembly

Proposed Bill No. 5430 

January Session, 2017

LCO No. 1006

*01006*

Referred to Committee on FINANCE, REVENUE AND BONDING 

Introduced by:

REP. LAVIELLE, 143rd Dist.

AN ACT PHASING OUT CERTAIN TAXES.

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

That the general statutes be amended to phase out, over a five-year period, the personal income tax on Social Security benefits and pensions, the estate tax and the gift tax. 

Statement of Purpose: 

To make Connecticut more competitive with other states by phasing out certain taxes over a five-year period.