Connecticut 2017 Regular Session

Connecticut Senate Bill SB00096 Latest Draft

Bill / Introduced Version Filed 01/12/2017

                            General Assembly  Proposed Bill No. 96
January Session, 2017  LCO No. 1258
 *01258*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. BOUCHER, 26th Dist.

General Assembly

Proposed Bill No. 96 

January Session, 2017

LCO No. 1258

*01258*

Referred to Committee on FINANCE, REVENUE AND BONDING 

Introduced by:

SEN. BOUCHER, 26th Dist.

AN ACT PHASING OUT THE ESTATE TAX.

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

That title 12 of the general statutes be amended to phase out the estate tax over a five-year period, with a reduction each year of twenty per cent of the tax.

Statement of Purpose: 

To phase out the estate tax over a period of five years.