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CT SB00747
Bill
Status
Introduced
1/29/2021
Primary Sponsor
Catherine Osten
Click for details
AI Summary
- Amends Connecticut general statutes to exempt proceeds from the sale of agricultural land development rights to the state from personal income tax liability
- Applies specifically to sales of development rights for any agricultural land to the state
- Referred to the Committee on Finance, Revenue and Bonding during the January 2021 legislative session
- Introduced by Senator Osten (19th District) and Representative Gresko (121st District)
Legislative Description
An Act Exempting From The Personal Income Tax Proceeds From The Sale Of Agricultural Land Development Rights To The State.
Last Action
Referred to Joint Committee on Finance, Revenue and Bonding
1/29/2021
Committee Referrals
Finance, Revenue and Bonding1/29/2021
Full Bill Text
No bill text available