Connecticut SB 69: AN ACT CONCERNING THE THRESHOLD FOR IMPOSITION OF THE ESTATE TAX ON FARMS.
Status: REF. TO JOINT COMM. ON Finance, Revenue and Bonding (as of 2022-02-15)
State: Connecticut · Session: 2022 · Bill: SB 69
Subjects: Agricultural lands, Estate tax
Sponsors: Anderson, Mark W, Berthel, Eric C., Fishbein, Craig C., Sampson, Rob
Bill Text
LCO No. 581 1 of 1 General Assembly Proposed Bill No. 69 February Session, 2022 LCO No. 581 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. SAMPSON, 16th Dist. AN ACT CONCERNING THE THRESHOLD FOR IMPOSITION OF THE ESTATE TAX ON FARMS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 217 of the general statutes be amended to increase the 1 threshold for imposition of the state estate tax on farms to match the 2 federal farm estate tax threshold. 3 Statement of Purpose: To match the threshold for imposition of the state estate tax on farms with the federal farm estate tax threshold.
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