LCO No. 573 1 of 1
General Assembly Proposed Bill No. 173
January Session, 2021
LCO No. 573
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
SEN. LOONEY, 11th Dist.
AN ACT ESTABLISHING A SURCHARGE ON CAPITAL GAINS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That title 12 of the general statutes be amended to establish a 1
surcharge of one per cent of the net gain from the sale or exchange of 2
capital assets on taxpayers whose Connecticut adjusted gross income is 3
greater than (1) five hundred thousand dollars for a married individual 4
filing separately or an unmarried individual, (2) eight hundred 5
thousand dollars for a head of household, and (3) one million dollars for 6
married individuals filing jointly or a surviving spouse. 7
Statement of Purpose:
To establish a surcharge of one per cent of the net gain from the sale or
exchange of capital assets on certain taxpayers.