2017 Regular Session
|At the request of:|
|Chief Sponsors:||Representative Power, Senator Taylor|
|Bill Title:||Relating to tax treatment of carried interest; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.|
Imposes additional tax on investment services partnership income treated as net capital gain and taxed at lower rate on personal income taxpayer's federal return.
Applies to tax years beginning on or after January 1, 2018. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|