Old | New | Differences | |
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1 | 1 | ||
2 | 2 | ||
3 | 3 | LCO No. 719 1 of 1 | |
4 | 4 | ||
5 | 5 | General Assembly Proposed Bill No. 5275 | |
6 | 6 | January Session, 2021 | |
7 | 7 | LCO No. 719 | |
8 | 8 | ||
9 | 9 | ||
10 | 10 | Referred to Committee on FINANCE, REVENUE AND | |
11 | 11 | BONDING | |
12 | 12 | ||
13 | 13 | ||
14 | 14 | Introduced by: | |
15 | 15 | REP. DOUCETTE, 13th Dist. | |
16 | 16 | REP. ELLIOTT, 88th Dist. | |
17 | 17 | REP. LEMAR, 96th Dist. | |
18 | 18 | REP. PHIPPS, 100th Dist. | |
19 | 19 | REP. WINKLER, 56th Dist. | |
20 | 20 | ||
21 | 21 | ||
22 | 22 | ||
23 | 23 | ||
24 | 24 | AN ACT CONCERNING THE ESTATE TAX EXEMPTION THRESHOLD | |
25 | 25 | AND THE GIFT TAX CAP. | |
26 | 26 | Be it enacted by the Senate and House of Representatives in General | |
27 | 27 | Assembly convened: | |
28 | 28 | ||
29 | 29 | That title 12 of the general statutes be amended to maintain the estate 1 | |
30 | 30 | tax exemption threshold at its current level and eliminate the fifteen-2 | |
31 | 31 | million-dollar cap on the gift tax. 3 | |
32 | 32 | Statement of Purpose: | |
33 | 33 | To maintain the estate tax exemption threshold at its current level and | |
34 | 34 | eliminate the gift tax cap. |