Proposed H.B. No. 5113
Session Year 2024

AN ACT INCREASING THE HIGHEST MARGINAL RATE OF THE PERSONAL INCOME TAX AND ESTABLISHING A CAPITAL GAINS SURCHARGE TO PROVIDE FUNDING FOR CERTAIN CHILD-RELATED, MUNICIPAL AND HIGHER EDUCATION INITIATIVES.

To increase certain personal income tax marginal rates and establish a capital gains surcharge to provide funding for a child tax credit, a mill rate cap and municipal reimbursements for such cap and support of certain higher education programs and institutions.

Other Bills with Similar Topics

  Capital gains and dividends tax 

 

• HB05118 - AN ACT ESTABLISHING A CAPITAL GAINS SURCHARGE AND CONCERNING THE USE OF THE REVENUE GENERATED FROM SUCH SURCHARGE.
• SB00035 - AN ACT ESTABLISHING A CAPITAL GAINS SURCHARGE.
• SB00077 - AN ACT ESTABLISHING A CAPITAL GAINS TAX ON CERTAIN ENDOWMENT FUNDS OF INSTITUTIONS OF HIGHER EDUCATION AND CONCERNING THE USE OF THE REVENUE GENERATED.

  Income tax (State) 

 

• HB05037 - AN ACT ELIMINATING THE PERSONAL INCOME TAX ON SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME AND THE ESTATE AND GIFT TAXES.
• HB05067 - AN ACT ELIMINATING THE PERSONAL INCOME TAX ON SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME.
• HB05085 - AN ACT ELIMINATING THE PERSONAL INCOME TAX ON INDIVIDUAL RETIREMENT ACCOUNT DISTRIBUTIONS.
• HB05513 - AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM CERTAIN PAYMENTS AND DISTRIBUTIONS.
• SB00028 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR THE SOCIAL SECURITY BENEFITS DEDUCTION FROM THE PERSONAL INCOME TAX.
• SB00036 - AN ACT ESTABLISHING A REFUNDABLE CHILD TAX CREDIT.
• SB00101 - AN ACT REQUIRING THE INDEXING OF INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX.
• SB00103 - AN ACT REDUCING CERTAIN PERSONAL INCOME TAX MARGINAL RATES.

  Municipalities 

 

• HB05019 - AN ACT DEDICATING THE ADDITIONAL SALES TAX ON MEALS TO MUNICIPALITIES.
• HB05056 - AN ACT FACILITATING THE EXPANSION OF SHARED MUNICIPAL SERVICES.
• HB05071 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO VOLUNTEER FIREFIGHTERS AND VOLUNTEER AMBULANCE MEMBERS.
• HB05116 - AN ACT REDUCING THE MILL RATE CAP FOR MOTOR VEHICLES AND REIMBURSING MUNICIPALITIES FOR LOST REVENUE.
• HB05144 - AN ACT CONCERNING THE ASSIGNMENT OF CERTAIN LIENS.
• HB05150 - AN ACT CONCERNING CANNABIS AND HEMP REGULATION.
• HB05158 - AN ACT CONCERNING THE STANDARDIZED VALUATION OF AFFORDABLE RENTAL HOUSING.
• HB05167 - AN ACT CONCERNING PROPERTY TAX ABATEMENT FOR CERTAIN FIRST-TIME HOMEBUYERS.
• HB05173 - AN ACT AUTHORIZING THE ONLINE PUBLICATION OF LEGAL NOTICES BY MUNICIPALITIES.
• HB05174 - AN ACT CONCERNING TEMPORARY SHELTER UNITS FOR PERSONS EXPERIENCING HOMELESSNESS OR REFUGEES LOCATED ON REAL PROPERTY OWNED BY RELIGIOUS ORGANIZATIONS.
• HB05186 - AN ACT DEDICATING A PORTION OF THE ROOM OCCUPANCY TAX ON SHORT-TERM RENTALS TO MUNICIPALITIES.
• HB05192 - AN ACT ELIMINATING THE PROPERTY TAX ON MOTOR VEHICLES.
• HB05198 - AN ACT CONCERNING TELEHEALTH.
• HB05202 - AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE CONNECTICUT AIRPORT AUTHORITY.
• HB05215 - AN ACT CONCERNING MUNICIPAL AUTHORITY TO PROHIBIT THE SALE OF NIPS.
• HB05219 - AN ACT CONCERNING STANDARDS FOR THE SPRAYING OF HERBICIDES ALONG RAILROAD RIGHT-OF-WAYS.
• HB05223 - AN ACT CONCERNING MINOR REVISIONS TO AGRICULTURE RELATED STATUTES AND TO OPEN SPACE ACQUISITION RELATED STATUTES.
• HB05225 - AN ACT CONCERNING THE RECOMMENDATIONS OF THE INVASIVE PLANTS COUNCIL.
• HB05226 - AN ACT ESTABLISHING AN EXTENDED PRODUCER RESPONSIBILITY PROGRAM FOR CONSUMER BATTERIES.
• HB05272 - AN ACT CONCERNING THE ENFORCEMENT OF REQUIREMENTS IMPOSED BY CERTAIN MUNICIPAL APPROVALS AND THE NEW HOME CONSTRUCTION GUARANTY FUND.
• HB05273 - AN ACT CONCERNING THE RECOMMENDATIONS OF THE INTERGOVERNMENTAL POLICY AND PLANNING DIVISION WITHIN THE OFFICE OF POLICY AND MANAGEMENT, AUDITS AND MUNICIPAL FINANCE.
• HB05275 - AN ACT CONCERNING AUDITS OF CERTAIN NONSTATE ENTITIES RECEIVING STATE FINANCIAL ASSISTANCE.
• HB05281 - AN ACT ALLOWING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO VOLUNTEER FIREFIGHTING OR EMERGENCY MEDICAL SERVICES PERSONNEL.
• HB05293 - AN ACT CONCERNING THE DEPARTMENT OF DEVELOPMENTAL SERVICES' RECOMMENDATIONS REGARDING VARIOUS REVISIONS TO DEVELOPMENTAL SERVICES STATUTES.
• HB05299 - AN ACT CONCERNING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT'S RECOMMENDATIONS FOR REVISIONS TO THE JOBSCT PROGRAM AND THE COMMERCE AND RELATED STATUTES.
• HB05309 - AN ACT CONCERNING BALLOTS MADE AVAILABLE IN LANGUAGES OTHER THAN ENGLISH.
• HB05315 - AN ACT CONCERNING MEMBER PARTICIPATION DURING REMOTE AND HYBRID MUNICIPAL PUBLIC AGENCY MEETINGS UNDER THE FREEDOM OF INFORMATION ACT.
• HB05328 - AN ACT CONCERNING AUTOMATED TRAFFIC SAFETY ENFORCEMENT IN WORK ZONES AND MUNICIPALITIES.
• HB05330 - AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE DEPARTMENT OF TRANSPORTATION AND CONCERNING CAPITAL PROJECTS, NOTICE OF PROPOSED FAIR AND SERVICE CHANGES, THE CONNECTICUT AIRPORT AUTHORITY, AUTOMATED TRAFFIC SAFETY ENFORCEMENT, ROAD SAFETY AUDITS, PARKING AUTHORITIES, A SHORE LINE EAST REPORT AND THE SUBMISSION OF REPORTS AND TEST RESULTS REGARDING IMPAIRED DRIVING.
• HB05335 - AN ACT CONCERNING THE DEVELOPMENT OF MIDDLE HOUSING.
• HB05337 - AN ACT CONCERNING AFFORDABLE HOUSING DEVELOPMENT PRACTICES.
• HB05359 - AN ACT CONCERNING THE COMPOSITION AND EXPERTISE OF THE CONNECTICUT SITING COUNCIL.
• HB05360 - AN ACT ESTABLISHING A MUNICIPAL ELECTRIC AGGREGATION PROGRAM.
• HB05361 - AN ACT CONCERNING THE SITING OF RENEWABLE ENERGY SOURCES IN THE STATE.
• HB05365 - AN ACT CONCERNING TECHNICAL REVISIONS TO STATUTES CONCERNING HUMAN SERVICES.
• HB05390 - AN ACT CONCERNING TRANSIT-ORIENTED COMMUNITIES.
• HB05391 - AN ACT ESTABLISHING THE HOUSING DENSITY RATING PROGRAM.
• HB05394 - AN ACT CONCERNING THE ORGANIZATION AND OPERATION OF THE METROPOLITAN DISTRICT OF HARTFORD COUNTY.
• HB05413 - AN ACT CONCERNING THE ILLEGAL USE OF CERTAIN VEHICLES AND STREET TAKEOVERS.
• HB05448 - AN ACT CONCERNING SECURITY OF CERTAIN ELECTION WORKERS.
• HB05472 - AN ACT CONCERNING MUNICIPAL FINANCE AND AUDITS.
• HB05473 - AN ACT CONCERNING THE EXPANSION OF MUNICIPAL SEWERAGE SYSTEMS TO PROMOTE THE DEVELOPMENT OF HOUSING AND REQUIRING THE MAJORITY LEADERS' ROUNDTABLE GROUP ON AFFORDABLE HOUSING TO STUDY THE ELIMINATION OF MUNICIPAL DESIGN REVIEW PROCESSES.
• HB05474 - AN ACT CONCERNING MUNICIPAL APPROVALS FOR HOUSING DEVELOPMENT, FINES FOR VIOLATIONS OF LOCAL ORDINANCES, REGULATION OF SHORT-TERM RENTALS, RENTAL ASSISTANCE PROGRAM ADMINISTRATION, NOTICES OF RENT INCREASES AND THE HOUSING ENVIRONMENTAL IMPROVEMENT REVOLVING LOAN AND GRANT FUND.
• HB05476 - AN ACT CONCERNING MUNICIPAL ISSUES.
• HB05477 - AN ACT CONCERNING PENALTIES FOR BLIGHT UPON REAL PROPERTY, MUNICIPAL AGREEMENTS TO FIX ASSESSMENTS AND A PERSONAL PROPERTY TAX EXEMPTION.
• HB05498 - AN ACT CONCERNING ELECTION SECURITY AND TRANSPARENCY, THE COUNTING OF ABSENTEE BALLOTS, ABSENTEE VOTING FOR CERTAIN PATIENTS OF NURSING HOMES, SECURITY OF CERTAIN ELECTION WORKERS, STATE ELECTIONS ENFORCEMENT COMMISSION COMPLAINTS, BALLOTS MADE AVAILABLE IN LANGUAGES OTHER THAN ENGLISH AND VARIOUS OTHER REVISIONS RELATED TO ELECTION ADMINISTRATION.
• HB05507 - AN ACT CONCERNING CERTAIN PROCEEDINGS RELATING TO ELECTRIC TRANSMISSION LINES AND THE MEMBERSHIP AND PROCESSES OF THE CONNECTICUT SITING COUNCIL.
• HB05516 - AN ACT CONCERNING A MUNICIPAL OPTION FOR A HOMESTEAD PROPERTY TAX EXEMPTION.
• HB05523 - AN ACT CONCERNING ALLOCATIONS OF FEDERAL AMERICAN RESCUE PLAN ACT FUNDS AND PROVISIONS RELATED TO GENERAL GOVERNMENT, HUMAN SERVICES, EDUCATION AND THE BIENNIUM ENDING JUNE 30, 2025.
• HB05524 - AN ACT AUTHORIZING AND ADJUSTING BONDS OF THE STATE AND CONCERNING PROVISIONS RELATED TO STATE AND MUNICIPAL TAX ADMINISTRATION, GENERAL GOVERNMENT AND SCHOOL BUILDING PROJECTS.
• SB00006 - AN ACT CONCERNING HOUSING.
• SB00011 - AN ACT CONCERNING CONNECTICUT RESILIENCY PLANNING AND PROVIDING MUNICIPAL OPTIONS FOR CLIMATE RESILIENCE.
• SB00016 - AN ACT CONCERNING REVENUE ITEMS TO IMPLEMENT THE GOVERNOR'S BUDGET.
• SB00018 - AN ACT ELIMINATING CERTAIN FUNDING FOR THE XL CENTER AND THE CITY OF HARTFORD AND INCREASING FUNDING FOR SCHOOL RESOURCE OFFICERS.
• SB00084 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO CERTAIN VOLUNTEER FIREFIGHTERS OR VOLUNTEER AMBULANCE MEMBERS.
• SB00132 - AN ACT CONCERNING DOG RACING.
• SB00150 - AN ACT CONCERNING COMMUNITY INVESTMENT BOARDS AND NEIGHBORHOOD ASSISTANCE.
• SB00151 - AN ACT CONCERNING THE WORKING GROUP TO STUDY THE IMPLEMENTATION OF FEDERAL TITLE IX PROTECTIONS FOR ALL MUNICIPAL RECREATION AREAS AND SCHOOL SPORTS FACILITIES.
• SB00191 - AN ACT CONCERNING FOOD SCRAP DIVERSION FROM THE SOLID WASTE STREAM AND THE REDEMPTION OF OUT-OF-STATE BEVERAGE CONTAINERS.
• SB00198 - AN ACT ESTABLISHING LOCAL REPRESENTATION ON THE CONNECTICUT SITING COUNCIL FOR LOCAL PROJECTS.
• SB00207 - AN ACT CONCERNING HOUSING AUTHORITY JURISDICTION.
• SB00209 - AN ACT CONCERNING NONRESIDENT LANDLORD REGISTRATION AND INCREASING PENALTIES FOR REPEAT BUILDING AND FIRE CODE VIOLATIONS.
• SB00222 - AN ACT CONCERNING CHANGES TO THE PAID FAMILY AND MEDICAL LEAVE STATUTES.
• SB00227 - AN ACT CONCERNING MUNICIPAL INTERNET WEB SITES.
• SB00254 - AN ACT CONCERNING THE RECOMMENDATIONS OF THE RISK-LIMITING AUDITS WORKING GROUP.
• SB00255 - AN ACT CONCERNING THE ADOPTION OF MUNICIPAL CONFLICT OF INTEREST PROVISIONS.
• SB00288 - AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE DEPARTMENT OF ADMINISTRATIVE SERVICES REGARDING THE SCHOOL BUILDING PROJECTS STATUTES.
• SB00293 - AN ACT CONCERNING THE REDEMPTION OF OUT-OF-STATE BEVERAGE CONTAINERS.
• SB00294 - AN ACT CONCERNING THE TAKING OF MUNICIPAL PARK LANDS BY MUNICIPALITIES.
• SB00328 - AN ACT CONCERNING PERMANENT PARTIAL DISABILITY BENEFITS AND PENSION OFFSETS.
• SB00334 - AN ACT REQUIRING PENSIONS FOR POLICE OFFICERS AND FIREFIGHTERS EMPLOYED BY MUNICIPALITIES.
• SB00335 - AN ACT CONCERNING SHORT-TERM RENTAL PROPERTIES.
• SB00337 - AN ACT CONCERNING STREET TAKEOVERS AND THE ILLEGAL USE OF CERTAIN VEHICLES.
• SB00340 - AN ACT CONCERNING TOBACCO DEALER LICENSES.
• SB00343 - AN ACT CONCERNING MEMBERSHIP OF THE CODES AND STANDARDS COMMITTEE AND BATTERY-CHARGED SECURITY FENCES.
• SB00351 - AN ACT INCREASING FUNDING FOR THE COMMUNITY INVESTMENT ACCOUNT.
• SB00386 - AN ACT CONCERNING DESIGNATION OF POLLING PLACES, EARLY VOTING AND REGIONAL ELECTION ADVISORS.
• SB00416 - AN ACT CONCERNING THE CONVERSION OF COMMERCIAL REAL PROPERTY FOR RESIDENTIAL USE.
• SB00419 - AN ACT LIMITING PROPERTY TAX INCREASES.
• SB00420 - AN ACT CONCERNING ILLEGALLY PASSING A SCHOOL BUS.
• SB00441 - AN ACT CONCERNING ELECTION ADMINISTRATION OVERSIGHT.
• SB00450 - AN ACT PHASING IN THE EXEMPTION OF MOTOR VEHICLES FROM PROPERTY TAX AND INCREASES IN THE UNIFORM PROPERTY ASSESSMENT RATE.
• SB00454 - AN ACT CONCERNING PHOTO NOISE VIOLATION MONITORING DEVICES.
• SB00456 - AN ACT ESTABLISHING A PILOT PROGRAM FOR THE DEVELOPMENT AND IMPLEMENTATION OF TEN-YEAR PLANS TO ERADICATE CONCENTRATED POVERTY IN THE STATE.

  Tax credits 

 

• HB05068 - AN ACT ESTABLISHING A TAX CREDIT FOR EDUCATIONAL ACCESS AND OPPORTUNITY SCHOLARSHIPS.
• HB05070 - AN ACT REESTABLISHING THE JOB EXPANSION TAX CREDIT PROGRAM.
• HB05101 - AN ACT ESTABLISHING A TAX CREDIT FOR EDUCATIONAL ACCESS AND OPPORTUNITY SCHOLARSHIPS.
• HB05104 - AN ACT INCREASING THE AMOUNT OF THE PROPERTY TAX CREDIT FOR CERTAIN TAXPAYERS.
• HB05109 - AN ACT ESTABLISHING A TAX CREDIT FOR FARMERS WHO PURCHASE EQUIPMENT AND TECHNOLOGY FOR THEIR FARMS.
• HB05147 - AN ACT RESTRUCTURING CERTAIN TAXES.
• HB05153 - AN ACT CONCERNING ELIGIBILITY FOR WORKFORCE HOUSING DEVELOPMENT PROJECTS.
• HB05172 - AN ACT CONCERNING THE ASSESSMENT OF MOTOR VEHICLES FOR PROPERTY TAXATION.
• HB05190 - AN ACT CONCERNING THE HISTORIC HOMES REHABILITATION TAX CREDIT.
• HB05191 - AN ACT CONCERNING TAX CREDITS FOR SMALL EMPLOYERS THAT PURCHASE GOLD OR SILVER LEVEL HEALTH PLANS THROUGH THE CONNECTICUT HEALTH INSURANCE EXCHANGE.
• HB05300 - AN ACT CONCERNING THE INVEST CT FUND PROGRAM.
• HB05336 - AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE CONNECTICUT HOUSING AND SEGREGATION STUDY.
• HB05492 - AN ACT ESTABLISHING A FARM INVESTMENT TAX CREDIT AND CONCERNING THE THRESHOLD FOR CERTAIN OPTIONAL FARM-RELATED PROPERTY TAX EXEMPTIONS.
• HB05524 - AN ACT AUTHORIZING AND ADJUSTING BONDS OF THE STATE AND CONCERNING PROVISIONS RELATED TO STATE AND MUNICIPAL TAX ADMINISTRATION, GENERAL GOVERNMENT AND SCHOOL BUILDING PROJECTS.
• SB00006 - AN ACT CONCERNING HOUSING.
• SB00013 - AN ACT INCENTIVIZING STUDENT LOAN REPAYMENT ASSISTANCE.
• SB00024 - AN ACT ESTABLISHING A TAX CREDIT FOR PREMIUM PAYMENTS FOR CERTAIN LONG-TERM CARE INSURANCE POLICIES.
• SB00036 - AN ACT ESTABLISHING A REFUNDABLE CHILD TAX CREDIT.
• SB00251 - AN ACT CONCERNING THE LEGISLATIVE COMMISSIONERS' RECOMMENDATIONS FOR TECHNICAL AND OTHER REVISIONS TO THE TAX AND RELATED STATUTES.
• SB00270 - AN ACT CONCERNING TAX CREDITS FOR THE CONVERSION OF COMMERCIAL PROPERTIES.
• SB00443 - AN ACT CONCERNING THE ACCRUAL OF INTEREST ON CERTAIN TAX UNDERPAYMENTS AND THE BUSINESS OPERATING LOSS CARRY-OVER PERIOD.
• SB00501 - AN ACT CONCERNING MOTOR VEHICLE ASSESSMENTS FOR PROPERTY TAXATION, INNOVATION BANKS, THE INTEREST ON CERTAIN TAX UNDERPAYMENTS, THE ASSESSMENT ON INSURERS, SCHOOL BUILDING PROJECTS, THE SOUTH CENTRAL CONNECTICUT REGIONAL WATER AUTHORITY CHARTER AND CERTAIN STATE HISTORIC PRESERVATION OFFICER PROCEDURES.

  Institutions of higher education 

 

• HB05009 - AN ACT CONCERNING FUNDING FOR JUNTA FOR PROGRESSIVE ACTION IN NEW HAVEN.
• HB05128 - AN ACT REQUIRING DISCLOSURE OF SCHOLARSHIP DISPLACEMENT POLICIES AT INSTITUTIONS OF HIGHER EDUCATION.
• HB05129 - AN ACT CONCERNING SUBSTANCE-FREE HOUSING ON COLLEGE CAMPUSES.
• HB05213 - AN ACT CONCERNING DISCONNECTED YOUTH.
• HB05239 - AN ACT ESTABLISHING THE PATH PROGRAM AND AMENDING THE CONNECTICUT COLLEGIATE AWARENESS AND PREPARATION PROGRAM.
• HB05276 - AN ACT ELIMINATING TAX EXEMPTIONS FOR CERTAIN REAL PROPERTY ACQUIRED BY INDEPENDENT INSTITUTIONS OF HIGHER EDUCATION.
• HB05339 - AN ACT PROHIBITING THE CONSIDERATION OF SCHOOL DISCIPLINARY HISTORY DURING THE ADMISSIONS PROCESS AT AN INSTITUTION OF HIGHER EDUCATION.
• HB05340 - AN ACT ALLOWING THIRD-PARTY VICTIMS TO PARTICIPATE IN AN INVESTIGATION OR DISCIPLINARY PROCEEDING BY AN INSTITUTION OF HIGHER EDUCATION.
• HB05362 - AN ACT DEFINING CONNECTICUT INSTITUTION OF HIGHER EDUCATION AND OUT-OF-STATE INSTITUTION OF HIGHER EDUCATION FOR THE PURPOSES OF THE STATE AUTHORIZATION RECIPROCITY AGREEMENT.
• HB05523 - AN ACT CONCERNING ALLOCATIONS OF FEDERAL AMERICAN RESCUE PLAN ACT FUNDS AND PROVISIONS RELATED TO GENERAL GOVERNMENT, HUMAN SERVICES, EDUCATION AND THE BIENNIUM ENDING JUNE 30, 2025.
• SB00077 - AN ACT ESTABLISHING A CAPITAL GAINS TAX ON CERTAIN ENDOWMENT FUNDS OF INSTITUTIONS OF HIGHER EDUCATION AND CONCERNING THE USE OF THE REVENUE GENERATED.
• SB00203 - AN ACT CONCERNING THE CONSIDERATION OF FAMILIAL RELATIONSHIP DURING THE ADMISSIONS PROCESS BY AN INSTITUTION OF HIGHER EDUCATION.
• SB00259 - AN ACT CONCERNING CONTRACTING WITH QUASI-PUBLIC AGENCIES UNDER THE STATE CODES OF ETHICS.
• SB00303 - AN ACT CONCERNING THE LEGISLATIVE COMMISSIONERS' RECOMMENDATIONS FOR TECHNICAL REVISIONS TO THE HIGHER EDUCATION STATUTES.