LCO No. 1913 1 of 1
General Assembly Proposed Bill No. 742
January Session, 2025
LCO No. 1913
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
SEN. LOONEY, 11th Dist.
AN ACT ESTABLISHING A CAPITAL GAINS SURCHARGE.
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 on the net gain from the sale or exchange of capital assets on 2
a taxpayer whose Connecticut adjusted gross income is equal to or 3
greater than the threshold amount specified in section 12-700 of the 4
general statutes for imposition of the highest and second highest 5
marginal rates on such taxpayer, of one per cent and seventy-five-6
hundredths per cent, respectively. 7
Statement of Purpose:
To establish a capital gains surcharge on certain taxpayers.