NJ ACR112 | 2012-2013 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 6 2012 - 25% progression, died in committee
Action: 2012-02-06 - Introduced, Referred to Assembly Budget Committee
Pending: Assembly Budget Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 6 2012 - 25% progression, died in committee
Action: 2012-02-06 - Introduced, Referred to Assembly Budget Committee
Pending: Assembly Budget Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends State Constitution to set gross income tax rate on income over $1 million in 2013 and thereafter; dedicates revenue therefrom for services for senior citizens and for homestead rebates and credits; requires annual appropriation of at least $1 billion of certain revenue for services for senior citizens and for homestead rebates and credits.
Title
Amends State Constitution to set gross income tax rate on income over $1 million in 2013 and thereafter; dedicates revenue therefrom for services for senior citizens and for homestead rebates and credits; requires annual appropriation of at least $1 billion of certain revenue for services for senior citizens and for homestead rebates and credits.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-06 | Assembly | Introduced, Referred to Assembly Budget Committee |
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2012/ACR112 |
| Text | https://pub.njleg.gov/Bills/2012/ACR/112_I1.HTM |
