Proposed H.B. No. 5117
Session Year 2024
 


AN ACT CONCERNING THE ESTATE AND GIFT TAXES AND THE USE OF THE REVENUE GENERATED FROM SUCH TAXES.

To reduce the estate tax exemption threshold to three million six hundred thousand dollars and eliminate the caps on estate and gift taxes, and deposit the revenue from such taxes in the Early Childhood Education Fund.

Introduced by:
Rep. Jason Doucette, 13th Dist.
Rep. Brandon Chafee, 33rd Dist.
Rep. Josh Elliott, 88th Dist.
Rep. Anne M. Hughes, 135th Dist.
Rep. Susan M. Johnson, 49th Dist.
Rep. Eleni Kavros DeGraw, 17th Dist.
Rep. Roland J. Lemar, 96th Dist.
Rep. Christine Palm, 36th Dist.
Rep. Corey P. Paris, 145th Dist.
Rep. Emmanuel Sanchez, 24th Dist.
Rep. Gary A. Turco, 27th Dist.

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 2/14/2024Referred to Joint Committee on Finance, Revenue and Bonding

Co-sponsors of HB-5117

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