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HB 5139

AN ACT ESTABLISHING AN ESTATE TAX RECAPTURE FOR CERTAIN ESTATES AND AN ALTERNATIVE MINIMUM ESTATE TAX.

2026 Regular Session Introduced by Saud Anwar and 35 co-sponsors

Connecticut bill creates additional estate tax layers on high-value estates through recapture provisions and alternative minimum tax requirements.

REF. TO JOINT COMM. ON Finance, Revenue and Bonding
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Bill Summary · HB 5139

Legislative bill overview

HB 5139 would establish a new estate tax recapture mechanism and an alternative minimum estate tax in Connecticut. The bill targets certain high-value estates, creating additional tax obligations beyond existing estate tax frameworks. This represents a significant expansion of Connecticut's estate tax structure.

Why is this important

Connecticut already has one of the nation's highest estate taxes, and this bill would increase that burden on wealthy deceased individuals' estates. The real-world impact would affect estate planning strategies for high-net-worth Connecticut residents and potentially influence decisions about where affluent individuals choose to establish residency before death.

Potential points of contention

  • Definitional complexity: "Recapture" mechanisms and "alternative minimum" calculations require precise definitions; ambiguous language could create compliance uncertainty and litigation
  • Economic competitiveness: Further estate tax increases may accelerate wealth migration to states with lower or no estate taxes, potentially reducing Connecticut's tax base despite higher rates
  • Implementation burden: The bill likely requires new IRS coordination procedures and estate valuation processes that could delay probate proceedings and increase administrative costs for executors and taxpayers

Compiled from official sources — confirm details with the bill’s official record.

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