HB5088 — AN ACT CONCERNING THE ASSET REQUIREMENT FOR MUTUAL FUNDS TO BE QUALIFIED TO PAY EXEMPT-INTEREST DIVIDENDS.

HB5088 — AN ACT CONCERNING THE ASSET REQUIREMENT FOR MUTUAL FUNDS TO BE QUALIFIED TO PAY EXEMPT-INTEREST DIVIDENDS. · Informed CitizenryHB5088 addresses the financial requirements that mutual funds must meet in order to distribute dividends that are exempt from federal income tax (known as exempt-interest dividends). The legislatio…Open in Informed Citizenry