AN ACT ESTABLISHING THE CONNECTICUT GROWTH INVESTMENT FUND.

Summary

Starting Jan. 1, 2027, any Connecticut resident can make a one‑time payment of 30%, 40% or 50% of their estimated estate‑tax exposure into the new Connecticut Growth Investment Fund. The payment replaces the estate tax that would otherwise be owed, and the fund, managed by Connecticut Innovations, Inc., invests the money exclusively in qualified Connecticut businesses, including startups tied to state colleges and universities. The measure is intended to provide tax relief while directing capital to spur state economic growth.

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