BillTrack50 logo
Free Signup Login
Bill

Bill > HB05185

CT HB05185

CT HB05185
An Act Establishing A Capital Gains And Dividends Surcharge.

summary

Introduced
02/11/2026
In Committee
02/11/2026
Crossed Over
Passed
Dead

Introduced Session

2026 General Assembly

Bill Summary

To establish a capital gains and dividends surcharge on taxpayers subject to the highest marginal personal income tax rate.

AI Summary

This bill establishes a new surcharge on capital gains and dividends for individuals in Connecticut whose income reaches the highest marginal personal income tax rate. Capital gains refer to the profit made from selling an asset, like stocks or real estate, for more than its purchase price, and dividends are payments made by a corporation to its shareholders. This surcharge will apply to taxpayers whose Connecticut adjusted gross income, which is their income after certain deductions, meets or exceeds the income level that triggers the highest tax rate.

Committee Categories

Budget and Finance

Sponsors (35)

Patrick Biggins (D)*,  Kevin Brown (D)*,  Marcus Brown (D)*,  Brandon Chafee (D)*,  Mike Demicco (D)*,  Jason Doucette (D)*,  Josh Elliott (D)*,  Kate Farrar (D)*,  Mary Fortier (D)*,  Nicholas Gauthier (D)*,  Jillian Gilchrest (D)*,  Bob Godfrey (D)*,  Ken Gucker (D)*,  William Heffernan (D)*,  Susan Johnson (D)*,  Eleni Kavros DeGraw (D)*,  Sarah Keitt (D)*,  Maryam Khan (D)*,  Roland Lemar (D)*,  Geoff Luxenberg (D)*,  Rebecca Martinez (D)*,  Treneé McGee (D)*,  Nicholas Menapace (D)*,  Amy Morrin Bello (D)*,  Anthony Nolan (D)*,  Corey Paris (D)*,  Kara Rochelle (D)*,  Kaitlyn Shake (D)*,  Michael Shannon (D)*,  Travis Simms (D)*,  Derek Slap (D)*,  Laurie Sweet (D)*,  Gary Turco (D)*,  Steven Winter (D)*,  Gary Winfield (D), 

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 02/11/2026)

bill text

bill summary

Loading...

bill summary

Loading...
Loading...