Did not become law. It stopped in the House of Representatives's Finance, Revenue and Bonding Committee on January 28, 2021. The 2021 session has ended.
2021 Regular Session
House Bill 5865
AN ACT CONCERNING THE TAX TREATMENT OF INVESTMENT FUND NET PROFITS ATTRIBUTABLE TO CERTAIN INVESTMENT MANAGEMENT SERVICES.
What it does
The synopsis the General Assembly published with the bill.
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.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Anne M. Hughes, Susan M. Johnson, Juan R. Candelaria, Gary A. Turco Jr., Bob Godfrey, Michael A. Winkler, Roland J. Lemar, Christopher Ziogas, Quentin Williams
Chief co-sponsors
2 co-sponsors
In the Senate
Sponsor
Its course
January 28 to January 28, 2021, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action1 action on 1 day
In the House of RepresentativesJan 28 to Jan 28 · stopped0 days
Finance, Revenue and Bonding CommitteeJan 28 to Jan 28 · stopped0 days
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the House of Representatives Jan 28
- Jan 28Introduced and sent to Finance, Revenue and Bonding Committee
All 1 actions, as published
- Jan 28REF. TO JOINT COMM. ONBoth houses