Amendment ID: S2888-12

Amendment 12

Short Term Capital Gains

Messrs. Tarr and O'Connor move that the proposed new text be amended by inserting after section _ the following new sections:-

SECTION X. Subsection (a)(1) of section 4 of chapter 62 is hereby amended by striking “8.5” and inserting in place thereof the following:- “7.3”

SECTION XX. Subsection (a)(1) of section 4 of chapter 62 is hereby amended by striking “7.3” and inserting in place thereof the following:- “6.1”

SECTION XXX. Subsection (a)(1) of section 4 of chapter 62 is hereby amended by striking “6.1” and inserting in place thereof the following:- “5”

SECTION XXXX. SECTION X shall go into effect on January 1, 2025

SECTION XXXXX. SECTION XX shall go into effect on January 1,2026

SECTION XXXXXX. SECTION XXX shall go into effect on January 1, 2027.