Connecticut 2021 Regular Session

Connecticut Senate Bill SB00747 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 2501 1 of 1
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55 General Assembly Proposed Bill No. 747
66 January Session, 2021
77 LCO No. 2501
88
99
1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
1212
1313
1414 Introduced by:
1515 SEN. OSTEN, 19th Dist.
1616 REP. GRESKO, 121st Dist.
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1919
2020
2121 AN ACT EXEMPTING FROM THE PERSONAL INCOME TAX
2222 PROCEEDS FROM THE SALE OF AGRICULTURAL LAND
2323 DEVELOPMENT RIGHTS TO THE STATE.
2424 Be it enacted by the Senate and House of Representatives in General
2525 Assembly convened:
2626
2727 That the general statutes be amended to exempt from the personal 1
2828 income tax proceeds from the sale of the development rights of any 2
2929 agricultural land to the state. 3
3030 Statement of Purpose:
3131 To exempt from the personal income tax proceeds from the sale of the
3232 development rights of any agricultural land to the state.