Bill Text: CT SB00167 | 2017 | General Assembly | Introduced


Bill Title: An Act Phasing Out The Estate Tax.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-18 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00167 Detail]

Download: Connecticut-2017-SB00167-Introduced.html

General Assembly

 

Proposed Bill No. 167

 

January Session, 2017

 

LCO No. 2104

 

*02104*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

SEN. HWANG, 28th 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.

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