Connecticut 2021 Regular Session

Connecticut House Bill HB05274 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 717 1 of 1
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55 General Assembly Proposed Bill No. 5274
66 January Session, 2021
77 LCO No. 717
88
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
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1414 Introduced by:
1515 REP. DOUCETTE, 13th Dist.
1616 REP. ELLIOTT, 88th Dist.
1717 REP. LEMAR, 96th Dist.
1818 REP. PHIPPS, 100th Dist.
1919 REP. WINKLER, 56th Dist.
2020
2121
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2424 AN ACT ESTABLISHING A SURCHARGE ON CAPITAL GAINS.
2525 Be it enacted by the Senate and House of Representatives in General
2626 Assembly convened:
2727
2828 That title 12 of the general statutes be amended to establish a 1
2929 surcharge of one and one-half per cent of the net gain from the sale or 2
3030 exchange of capital assets on a taxpayer whose Connecticut adjusted 3
3131 gross income is equal to or greater than the threshold amount specified 4
3232 in section 12-700 of the general statutes for imposition of the highest 5
3333 marginal rate on such taxpayer. 6
3434 Statement of Purpose:
3535 To establish a surcharge of one and one-half per cent of the net gain from
3636 the sale or exchange of capital assets on certain taxpayers.