Proposed H.B. No. 5865
Session Year 2021


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

To specify that net profits of investment funds attributable to certain investment management services performed by fund managers be treated as ordinary income subject to the corporation business and personal income taxes, rather than as investment profits subject to the capital gains tax.


Public Hearing Testimony

Submitted testimony for this bill is not available through this website.

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