Bill Text: CT SB00372 | 2015 | General Assembly | Introduced


Bill Title: An Act Eliminating The Gift And Estate Tax.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-01-22 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00372 Detail]

Download: Connecticut-2015-SB00372-Introduced.html

General Assembly

 

Proposed Bill No. 372

 

January Session, 2015

 

LCO No. 1346

 

*01346*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

SEN. BOUCHER, 26th Dist.

 

AN ACT ELIMINATING THE GIFT AND ESTATE TAX.

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

That the general statutes be amended to (1) eliminate the gift tax, and (2) eliminate the estate tax over a five-year period at a rate of twenty per cent each year.

Statement of Purpose:

To eliminate the gift tax and phase out the estate tax.

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