Amendment #469 to H4700

Reducing the Capital Gains Tax

Mr. Boldyga of Southwick moves to amend the bill by adding the following section:

"SECTION XXXX. Notwithstanding any laws to the contrary, taxable income consisting of short-term capital gains, as defined in Section 1 of Chapter 62 of the General Laws, shall be taxed at the rate of 5 per cent."

Additional co-sponsor(s) added to Amendment #469 to H4700

Reducing the Capital Gains Tax