Relating To Capital Gains Tax. [HB-476]
[Taxes ]
[Finance ]
Amends the capital gains tax rate for individuals, estates, and trusts. Amends the alternative capital gains tax for corporations. Effective 7/1/2050. (SD1)
HB-476: Relating To Capital Gains Tax.
Sponsored by: Rep. Daniel Holt
Recommitted To Wam. on 04/04/2025
Relating To Taxation. [HB-269]
[Taxes ]
[Finance ]
[Property Tax ]
Increases the capital gains tax for nonresident and foreign taxpayers. Increases the alternative capital gains tax for corporations for nonresident and foreign corporations.
HB-269: Relating To Taxation.
Sponsored by: Rep. Gene Ward
Referred To Ecd, Fin, Referral Sheet 1 on 01/21/2025
Relating To Taxation. [HB-2734]
[Taxes ]
[Finance ]
[Property Tax ]
Increases the capital gains tax for nonresident and foreign taxpayers. Increases the alternative capital gains tax for corporations for nonresident and foreign corporations.
HB-2734: Relating To Taxation.
Sponsored by: Rep. Gene Ward
Referred To Fin, Referral Sheet 3 on 01/26/2024
Relating To Capital Gains. [HB-337]
[Taxes ]
[Finance ]
Increases the capital gains tax threshold from 7.25 per cent to 9 per cent. Increases the alternative capital gains tax for corporations from 4 per cent to 5 per cent. Applies to tax years beginning after 12/31/2022. Effective 6/30/3000. (HD1)
Sponsored by: Rep. Chris Todd
Carried Over To 2024 Regular Session. on 12/11/2023
Relating To Capital Gains. [HB-337]
[Taxes ]
[Finance ]
Increases the capital gains tax threshold from 7.25 per cent to 9 per cent. Increases the alternative capital gains tax for corporations from 4 per cent to 5 per cent. Applies to tax years beginning after 12/31/2022. Effective 6/30/3000. (HD1)
HB-337: Relating To Capital Gains.
Sponsored by: Rep. Chris Todd
Reported From Ecd (stand. Com. Rep. No. 169) As Amended In Hd 1, Recommending Passage On Second Reading And Referral To Fin. on 02/08/2023
Babies over Billionaires Act of 2022 [HB-7502]
[Taxes ]
[Budget and Spending ]
[Finance ]
To amend the Internal Revenue Code of 1986 to adopt mark-to-market income tax rules for taxpayers with net worth above a specified threshold, and for other purposes.
HB-7502: Babies over Billionaires Act of 2022
Sponsored by: Rep. Janice Schakowsky
Introduced In House on 04/14/2022
HR-1015: Recognizing the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses.
Sponsored by: Rep. Mike Johnson
Introduced In House on 03/30/2022
You have voted HR-1015: Recognizing the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses..
Relating To Tax Fairness. [SB-2485]
[Taxes ]
[Budget and Spending ]
[Poverty ]
Increases the tax rate on capital gains. Makes the state earned income tax credit refundable and permanent. Applies to taxable years beginning after December 31, 2022.
SB-2485: Relating To Tax Fairness.
Sponsored by: Sen. Stanley Chang
The Committee On Wam Deferred The Measure. on 02/02/2022
Relating To Taxation. [HB-1702]
[Taxes ]
[Senior Citizens ]
[Property Tax ]
[Housing ]
Exempts the net capital gain from the sale of a residential property by a taxpayer who is sixty-five years of age or older from the capital gains tax.
HB-1702: Relating To Taxation.
Sponsored by: Rep. Chris Todd
The Committee(s) On Ecd Recommend(s) That The Measure Be Deferred. on 02/11/2022
Relating To Tax Fairness. [HB-1507]
[Taxes ]
[Budget and Spending ]
[Poverty ]
Increases the tax rate on capital gains. Makes the state earned income tax credit refundable and permanent. Applies to taxable years beginning after December 31, 2022. Effective 7/1/2050. (HD1)
HB-1507: Relating To Tax Fairness.
Sponsored by: Rep. Matthew Lopresti
Referred To Wam. on 03/11/2022