Proposed H.B. No. 5422
Session Year 2023
 


AN ACT CONCERNING THE CREATION OF AN INTERSTATE COMPACT FOR THE TAX TREATMENT OF INVESTMENT FUND NET PROFITS ATTRIBUTABLE TO CERTAIN INVESTMENT MANAGEMENT SERVICES.

To create an interstate compact to treat certain net profits of investment funds as ordinary income rather than investment profits subject to capital gains tax.

Introduced by:
Rep. Josh Elliott, 88th Dist.
Sen. Rick Lopes, 6th Dist.
Sen. Jorge Cabrera, 17th Dist.
Rep. Tom Arnone, 58th Dist.
Rep. Aundre Bumgardner, 41st Dist.
Rep. Brandon Chafee, 33rd Dist.
Rep. Susan M. Johnson, 49th Dist.
Rep. Gary A. Turco, 27th Dist.
Rep. John-Michael Parker, 101st Dist.
Rep. Anne M. Hughes, 135th Dist.
Rep. Michael D'Agostino, 91st Dist.
Rep. Jason Doucette, 13th Dist.

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Bill History

 Date Action Taken
 2/17/2023Public Hearing 02/27
 2/6/2023(FIN)Reserved for Subject Matter Public Hearing
 1/17/2023Referred to Joint Committee on Finance, Revenue and Bonding

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