Bill Text: CT HB05200 | 2017 | General Assembly | Introduced

Connecticut House Bill 5200 (Prior Session Legislation)

Introduced

Bill Title: An Act Imposing A Transaction And Forwarding Fee On State Pension Benefit Income Of Nonresidents.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-05 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05200 Detail]

Download: Connecticut-2017-HB05200-Introduced.html


General Assembly		*Proposed Bill No. 5200*
*January Session, 2017*		LCO No. 102
		00102
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. BELSITO, 53rd Dist.

AN ACT IMPOSING A TRANSACTION AND FORWARDING FEE ON STATE PENSION BENEFIT INCOME OF NONRESIDENTS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to impose a thirty per cent transaction and forwarding fee on the state pension benefit income of any individual receiving a state pension who resides in another state.

Statement of Purpose:

To incentivize individuals receiving a state pension to remain in the state.