Connecticut 2019 Regular Session

Connecticut Senate Bill SB00208 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 2672 1 of 1
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55 General Assembly Proposed Bill No. 208
66 January Session, 2019
77 LCO No. 2672
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
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1414 Introduced by:
1515 SEN. BERTHEL, 32nd Dist.
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1919 AN ACT EXEMPTING FROM THE PERSONAL INCOME TAX
2020 PROCEEDS FROM THE SALE OF AGRICULTURAL LAND
2121 DEVELOPMENT RIGHTS TO THE STATE.
2222 Be it enacted by the Senate and House of Representatives in General
2323 Assembly convened:
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2525 That chapter 229 of the general statutes be amended to exempt from 1
2626 the personal income tax proceeds from the sale of the development 2
2727 rights of any agricultural land to the state. 3
2828 Statement of Purpose:
2929 To exempt from the personal income tax proceeds from the sale of the
3030 development rights of any agricultural land to the state.