Bill Text: CT HB06358 | 2017 | General Assembly | Introduced

Connecticut House Bill 6358 (Prior Session Legislation)

Introduced

Bill Title: An Act Exempting Family-owned Farm Land From The Estate And Gift Taxes.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-02-27 - Public Hearing 03/03 [HB06358 Detail]

Download: Connecticut-2017-HB06358-Introduced.html


General Assembly		*Proposed Bill No. 6358*
*January Session, 2017*		LCO No. 2197
		02197
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. MACLACHLAN, 35th Dist.

AN ACT EXEMPTING FAMILY-OWNED FARM LAND FROM THE ESTATE AND GIFT TAXES.

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

That title 12 of the general statutes be amended to exempt from the estate and gift taxes family-owned land classified as farm land pursuant to section 12-107c of the general statutes.

Statement of Purpose:

To prevent families from having to sell their farm land by exempting such land from the estate and gift taxes.