Bill Text: CT SB00006 | 2016 | General Assembly | Introduced


Bill Title: An Act Increasing The Thresholds For The Estate Tax And The Gift Tax.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-02-03 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00006 Detail]

Download: Connecticut-2016-SB00006-Introduced.html

General Assembly

 

Proposed Bill No. 6

 

February Session, 2016

 

LCO No. 61

 

*00061*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

SEN. CRISCO, 17th Dist.

 

AN ACT INCREASING THE THRESHOLDS FOR THE ESTATE TAX AND THE GIFT TAX.

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

That the general statutes be amended to increase the amount of (1) an estate that is taxable under the estate tax, and (2) a gift that is taxable under the gift tax.

Statement of Purpose:

That the estate and gift tax thresholds be increased in order to help retain the state's retirees.

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