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CT HB05195

Bill

Status

Introduced

2/11/2016

Primary Sponsor

James Albis

Click for details

Origin

House of Representatives

2016 General Assembly

AI Summary

  • Amends Chapter 217 of the General Statutes to create an estate tax exemption for farmland classified under Connecticut's 490 program
  • Exemption amount up to the federal estate tax exemption level, currently $5.4 million
  • Referred to Committee on Finance, Revenue and Bonding
  • Introduced by Rep. Albis (99th District) during the February 2016 session

Legislative Description

An Act Concerning An Exemption From The Estate Tax For Property Classified As Farmland.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/11/2016

Committee Referrals

Finance, Revenue and Bonding2/11/2016

Full Bill Text

No bill text available