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.