CTHFA’s Platform 

• Defeat proposed House Bill 7313, which seeks to impose a 19% surcharge tax on "any income derived from investment management".  Watch this podcast from IRS Medic featuring CTHFA President, Bruce McGuire.

• Work to create an enterprise zone for investment advisors modeled after existing CT Enterprise Zone legislation.

• CT Investment Adviser Registration:

      -Adoption of the SEC’s “relying adviser” approach – which would allow an investment adviser with          a separate fund general partner entity to not have to register both the investment adviser and general partner entities. 

       -CT investment adviser registration: Implementation of 5 client de minimus exemption for investment advisers with regulatory AUM of less than $25 million (to match the same registration exemption in NY).

• Reduce CT’s estate tax.

• Eliminate the gift tax (CT is the only state with a gift tax!).  Read what some of our wealthy citizens have to say about this tax Here.