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CT HB05117

Bill

Status

Introduced

2/14/2024

Primary Sponsor

Jason Doucette

Click for details

Origin

House of Representatives

2024 General Assembly

AI Summary

  • Reduce the estate tax exemption threshold from its current level to $3,600,000
  • Eliminate caps on estate and gift taxes
  • Deposit all revenue generated from estate and gift taxes into the Early Childhood Education Fund established under section 10-511 of Connecticut general statutes
  • Referred to the Committee on Finance, Revenue and Bonding for the February 2024 legislative session

Legislative Description

An Act Concerning The Estate And Gift Taxes And The Use Of The Revenue Generated From Such Taxes.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/14/2024

Committee Referrals

Finance, Revenue and Bonding2/14/2024

Full Bill Text

No bill text available