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.