Connecticut HB5185: AN ACT ESTABLISHING A CAPITAL GAINS AND DIVIDENDS SURCHARGE.

What the bill says

An act ESTABLISHING A CAPITAL GAINS AND DIVIDENDS SURCHARGE. Assembly convened: That title 12 of the general statutes be amended to establish a surcharge on the net gain from the sale or exchange of capital assets and LCO No. 930 1 of Proposed Bill No. 5185 the income from dividends, for a taxpayer whose Connecticut adjusted gross income is equal to or greater than the threshold amount specified in section 12-700 of the general statutes for imposition of the highest marginal rate on such taxpayer. Statement of Purpose: To establish a capital gains and dividends surcharge on taxpayers subject t.

From the introduced text:

AN ACT ESTABLISHING A CAPITAL GAINS AND DIVIDENDS SURCHARGE. Assembly convened: That title 12 of the general statutes be amended to establish a surcharge on the net gain from the sale or exchange of capital assets and LCO No. 930 1 of Proposed Bill No. 5185 the income from dividends, for a taxpayer whose Connecticut adjusted gross income is equal to or greater than the threshold amount specified in section 12-700 of the general statutes for imposition of the highest marginal rate on such taxpayer. Statement of Purpose: To establish a capital gains and dividends surcharge on taxpayers subject to the highest marginal personal income tax rate. LCO No. 930 2 of

Read the full official text

Sponsors

• Jason Doucette (D, 13) · primary sponsor
• Patrick Biggins (D, 11)
• Kevin Brown (D, 56)
• Marcus Brown (D, 127)
• Brandon Chafee (D, 33)
• Mike Demicco (D, 21)
• (D, 88)