General Assembly Proposed Bill No. 5716 January Session, 2017 LCO No. 1470 *01470* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. MCGORTY, 122nd Dist. General Assembly Proposed Bill No. 5716 January Session, 2017 LCO No. 1470 *01470* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. MCGORTY, 122nd Dist. AN ACT REPEALING THE ESTATE TAX. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to repeal the estate tax. Statement of Purpose: To attract and retain residents and small businesses by repealing the estate tax.