General Assembly Proposed Bill No. 417
January Session, 2017 LCO No. 1933
*01933*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. KISSEL, 7th Dist.
General Assembly
Proposed Bill No. 417
January Session, 2017
LCO No. 1933
*01933*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
SEN. KISSEL, 7th Dist.
AN ACT PHASING OUT THE ESTATE TAX OVER A FIVE-YEAR PERIOD.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to phase out the estate tax over a five-year period by reducing the tax by twenty per cent each year.
Statement of Purpose:
To phase out the estate tax over a five-year period.