AN ACT ESTABLISHING A CAPITAL GAINS SURCHARGE AND CONCERNING THE USE OF THE REVENUE GENERATED FROM SUCH SURCHARGE.

HB 5153 would impose a 2% surcharge on capital gains (profits from selling assets like stocks or real estate) for Connecticut taxpayers with adjusted gross income meeting the threshold for the highest tax rate. The revenue generated would be directed to the Early Childhood Education Fund, which supports early childhood education programs. This bill applies only to high-income earners and does not affect lower-income taxpayers or existing tax rates. It creates a new funding source for early education through a targeted tax on investment gains.