Bill Text: CT SB00424 | 2013 | General Assembly | Introduced


Bill Title: An Act Phasing Out The Gift Tax.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2013-01-23 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00424 Detail]

Download: Connecticut-2013-SB00424-Introduced.html

General Assembly

 

Proposed Bill No. 424

 

January Session, 2013

 

LCO No. 1067

   

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

SEN. BOUCHER, 26th Dist.

 

AN ACT PHASING OUT THE GIFT TAX.

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

That the general statutes be amended to phase out the gift tax over a four-year period, with the tax reduced by one-quarter in each year.

Statement of Purpose:

To phase out the gift tax.

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