Section 19

Section 19 Surtax Implementation 2

Section 5G of said chapter 29, as appearing in the 2022 Official Edition, is hereby amended by adding the following paragraph:-

For the purposes of this section, income tax revenue collected from the additional 4 per cent income tax levied pursuant to Article XLIV of the Amendments to the Constitution of the Commonwealth shall not be considered to be tax revenue collected from capital gains income.