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.
Dedicated Transportation Income Surtax Revenue
Excess Capital Gains Rolling Average