Connecticut Seal

General Assembly

Amendment

 

January Session, 2011

LCO No. 5731

   
 

*SB0123905731SRO*

Offered by:

 

SEN. FRANTZ, 36th Dist.

 

To: Senate Bill No. 1239

File No.

Cal. No.

In line 1218, after "chapter. " insert "On and after July 1, 2013, such tax shall be at the rate of one hundred fifty mills for each cigarette."

In line 1232, after "Connecticut. " insert "On and after July 1, 2013, such tax shall be at the rate of one hundred fifty mills for each cigarette."

In line 1277, after "products. " insert "On and after July 1, 2013, such tax shall be imposed at a rate of twenty-seven and one-half per cent of the wholesale prices of such products."

In line 1281, after "snuff" and before the period insert "; and on and after July 1, 2013, fifty-five cents per ounce of snuff and a proportionate tax at the like rate on all fractional parts of an ounce of snuff"

In line 1353, after "2011," insert "but prior to January 1, 2013,"

After line 1373, insert:

"(E) A tax return shall be filed, in the case of every decedent who dies on or after January 1, 2013, and at the time of death was (i) a resident of this state, or (ii) a nonresident of this state whose gross estate includes any real property situated in this state or tangible personal property having an actual situs in this state. If the decedent's Connecticut taxable estate is over three million five hundred thousand dollars, such tax return shall be filed with the Commissioner of Revenue Services and a copy of such return shall be filed with the court of probate for the district within which the decedent resided at the date of his or her death or, if the decedent died a nonresident of this state, the court of probate for the district within which such real property or tangible personal property is situated. If the decedent's Connecticut taxable estate is two million dollars or less, such return shall be filed with the court of probate for the district within which the decedent resided at the date of his or her death or, if the decedent died a nonresident of this state, the court of probate for the district within which such real property or tangible personal property is situated, and no such return shall be filed with the Commissioner of Revenue Services. The judge of probate for the district in which such return is filed shall review each such return and shall issue a written opinion to the estate representative in each case in which the judge determines that the estate is not subject to tax under this chapter."

In line 1374, strike "(E)" and insert in lieu thereof "(F)"

In line 1388, strike "(F)" and insert in lieu thereof "(G)"

In line 1413, after "2011," insert "but prior to January 1, 2013,"

In line 1414, after "less," insert "or if the decedent died on or after January 1, 2013, and such decedent's Connecticut taxable estate is three million five hundred thousand dollars or less,"

In line 1460, after "2011," insert "but prior to January 1, 2013,"

After line T1471, insert:

"(6) With respect to Connecticut taxable gifts, as defined in section 12-643, made by a donor during a calendar year commencing on or after January 1, 2013, including the aggregate amount of all Connecticut taxable gifts made by the donor during all calendar years commencing on or after January 1, 2005, the tax imposed by section 12-640 for the calendar year shall be at the rate set forth in the following schedule, with a credit allowed against such tax for any tax previously paid to this state pursuant to this subdivision or pursuant to subdivision (3) of this subsection, provided such credit shall not exceed the amount of tax imposed by this section:

T1

Amount of Taxable Gifts

Rate of Tax

T2

Not over $3,500,000

None

T3

Over $3,500,000

7.2% of the excess

T4

but not over $3,600,000

over $3,500,000

T5

Over $3,600,000

$7,200 plus 7.8% of the excess

T6

but not over $4,100,000

over $3,600,000

T7

Over $4,100,000

$46,200 plus 8.4% of the excess

T8

but not over $5,100,000

over $4,100,000

T9

Over $5,100,000

$130,200 plus 9.0% of the excess

T10

but not over $6,100,000

over $5,100,000

T11

Over $6,100,000

$220,200 plus 9.6% of the excess

T12

but not over $7,100,000

over $6,100,000

T13

Over $7,100,000

$316,200 plus 10.2% of the excess

T14

but not over $8,100,000

over $7,100,000

T15

Over $8,100,000

$418,200 plus 10.8% of the excess

T16

but not over $9,100,000

over $8,100,000

T17

Over $9,100,000

$526,200 plus 11.4% of the excess

T18

but not over $10,100,000

over $9,100,000

T19

Over $10,100,000

$640,200 plus 12% of the excess

T20

 

over $10,100,000"

In line 1585, after "subdivision." insert "On and after July 1, 2013, such tax shall be at a rate of six per cent of the gross receipts of any retailer, except, in lieu of said rate of six per cent, the rates provided in subparagraphs (B) to (F), inclusive, of this subdivision."

In line 1586, after "cent" insert "and on and after July 1, 2013, twelve per cent"

In line 1619, strike "With" and insert in lieu thereof "On and after July 1, 2011, but prior to July 1, 2013, with"

In line 1622, strike "With" and insert in lieu thereof "On and after July 1, 2011, but prior to July 1, 2013, with"

In line 1681, after "cent" insert "for sales on and after July 1, 2011, but prior to July 1, 2013, and at the rate of six per cent for sales on and after July 1, 2013"

In line 1729, after "services," insert "and on and after July 1, 2013, at the rate of six per cent of the sales price of such property or services"

In line 1730, after "cent" insert "or six per cent"

In line 1731, strike "At" and insert in lieu thereof "On and after July 1, 2011, but prior to July 1, 2013, at"

In line 1771, strike "With" and insert in lieu thereof "On and after July 1, 2011, but prior to July 1, 2013, with"

In line 1773, strike "With" and insert in lieu thereof "On and after July 1, 2011, but prior to July 1, 2013, with"

In line 1817, after "barrel" insert "prior to July 1, 2013, and six dollars for each barrel on or after July 1, 2013"

In line 1818, after "barrel" insert "prior to July 1, 2013, and three dollars for each half barrel on or after July 1, 2013"

In line 1819, after "barrel" insert "prior to July 1, 2013, and one dollar and fifty cents for each quarter barrel on or after July 1, 2013,"

In line 1819, after "twenty-four cents" insert "prior to July 1, 2013, and twenty cents on or after July 1, 2013,"

In line 1822, after "gallon" insert "prior to July 1, 2013, and four dollars and fifty cents per wine gallon on or after July 1, 2013,"

In line 1825, after "gallon" insert "prior to July 1, 2013, and sixty cents per wine gallon on or after July 1, 2013,"

In line 1828, after "gallon" insert "prior to July 1, 2013, and one dollar and fifty cents per wine gallon on or after July 1, 2013,"

In line 1830, after "gallon" insert "prior to July 1, 2013, and four dollars and fifty cents per proof gallon on or after July 1, 2013,"

In line 1832, after "gallon" insert "prior to July 1, 2013, and two dollars and forty-six cents per wine gallon on or after July 1, 2013,"

In line 1836, after "gallon" insert "prior to July 1, 2013, and fifteen cents per wine gallon on or after July 1, 2013,"

In line 1934, after "2011" insert "and 2012" and strike ", and"

In line 1935, strike "each year thereafter," and after "cents" and before the period insert ", and on the sale or use of diesel fuel during the twelve-month period beginning on the first day of July in 2013, and each year thereafter, is twenty-six cents"

In line 1986, after "section," insert "on and after July 1, 2011, but prior to July 1, 2013,"

In line 1988, after "writing" insert ", and on and after July 1, 2013, at the rate of five-tenths of one per cent of the consideration for the interest in real property conveyed by such deed, instrument or writing"

In line 2006, after "conveyed" insert "on and after July 1, 2011, but prior to July 1, 2013, and at the rate of one per cent of the consideration for the interest in real property conveyed on and after July 1, 2013,"

In line 2015, after "dollars" insert "on and after July 1, 2011, but prior to July 1, 2013, and at the rate of one-half of one per cent on such portion of such consideration on and after July 1, 2013, "

In line 2017, after "dollars" insert "on and after July 1, 2011, but prior to July 1, 2013, and at the rate of one per cent on such portion of such consideration on and after July 1, 2013, "

In line 2023, after "conveyed" insert "on and after July 1, 2011, but prior to July 1, 2013, and at the rate of one-half of one per cent of the consideration for the interest in real property conveyed on and after July 1, 2013,"

In line 2318, after "2011," insert "but prior to January 1, 2013,"

After line 2406, insert:

"(9) For taxable years commencing on or after January 1, 2011, in accordance with the following schedule:

(A) For any person who files a return under the federal income tax for such taxable year as an unmarried individual:

T21

Connecticut Taxable Income

Rate of Tax

T22

Not over $10,000

3.0%

T23

Over $10,000 but not

$300.00, plus 5.0% of the

T24

over $500,000

excess over $10,000

T25

Over $500,000

$24,800, plus 6.5% of the

T26

 

excess over $500,000

(B) For any person who files a return under the federal income tax for such taxable year as a head of household, as defined in Section 2(b) of the Internal Revenue Code:

T27

Connecticut Taxable Income

Rate of Tax

T28

Not over $16,000

3.0%

T29

Over $16,000 but not

$480.00, plus 5.0% of the

T30

over $800,000

excess over $16,000

T31

Over $800,000

$39,680, plus 6.5% of the

T32

 

excess over $800,000

(C) For any husband and wife who file a return under the federal income tax for such taxable year as married individuals filing jointly or any person who files a return under the federal income tax for such taxable year as a surviving spouse, as defined in Section 2(a) of the Internal Revenue Code:

T33

Connecticut Taxable Income

Rate of Tax

T34

Not over $20,000

3.0%

T35

Over $20,000 but not

$600.00, plus 5.0% of the

T36

over $1,000,000

excess over $20,000

T37

Over $1,000,000

$49,600, plus 6.5% of the

T38

 

excess over $1,000,000

(D) For any person who files a return under the federal income tax for such taxable year as a married individual filing separately:

T39

Connecticut Taxable Income

Rate of Tax

T40

Not over $10,000

3.0%

T41

Over $10,000 but not

$300.00, plus 5.0% of the

T42

over $500,000

excess over $10,000

T43

Over $500,000

$24,800, plus 6.5% of the

T44

 

excess over $500,000

(E) For trusts or estates, the rate of tax shall be 6.5% of the Connecticut taxable income."

In line 2407, strike "(9)" and insert in lieu thereof "(10)"