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CT SB00028
Bill
Status
Introduced
2/14/2022
Primary Sponsor
Martin Looney
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AI Summary
- Establishes a 1% surcharge on net gains from the sale or exchange of capital assets for taxable years beginning January 1, 2022 or later
- Surcharge applies only to taxpayers whose Connecticut adjusted gross income equals or exceeds the threshold for the highest marginal income tax rate
- Amends title 12 of the general statutes to implement the surcharge
- Referred to the Committee on Finance, Revenue and Bonding
Legislative Description
An Act Establishing A Capital Gains Surcharge.
Last Action
Public Hearing 03/03
2/25/2022
Committee Referrals
Finance, Revenue and Bonding2/14/2022
Full Bill Text
No bill text available