Section 17

Section 17 Capital Gains Threshold 1

          Section 5G of chapter 29 of the General Laws, as appearing in the 2024 Official Edition, is hereby amended by striking out, in lines 6, 8 and 14, the figure "$1,000,000,000", each time it appears, and inserting in place thereof, in each instance, the following figure:- $2,250,000,000.

Summary

This section, together with its related section, updates the excess capital gains threshold.