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CT SB00747

Bill

Status

Introduced

1/29/2021

Primary Sponsor

Catherine Osten

Click for details

Origin

Senate

2021 General Assembly

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