HI HB337

Increases the capital gains tax threshold for individuals, estates, and trusts from 7.25% to 9% on net capital gains.

Increases the alternative capital gains tax rate for corporations, regulated investment companies, and real estate investment trusts from 4% to 5% on net capital gains exceeding certain thresholds.

Applies to taxable years beginning after December 31, 2022.

Effective date of June 30, 3000 (note: this appears to be a typographical error in the bill text).