NJ SCR95 | 2018-2019 | Regular Session

Note: Carry Foward to future SCR59
Note: Carry Over of previous SCR72

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 5 2018 - 25% progression, died in committee
Action: 2018-02-05 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends State Constitution to provide 10.75% marginal personal income tax rate on annual taxable income exceeding $1,000,000 and dedicates amount equal to the revenue derived from tax rate to direct real property tax relief.

Tracking Information

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Title

Amends State Constitution to provide 10.75% marginal personal income tax rate on annual taxable income exceeding $1,000,000 and dedicates amount equal to the revenue derived from tax rate to direct real property tax relief.

Sponsors


History

DateChamberAction
2018-02-05SenateIntroduced in the Senate, Referred to Senate Budget and Appropriations Committee

Same As/Similar To

SCR95 (Carry Over) 2018-02-05 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
SCR72 (Carry Over) 2016-02-16 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee

Subjects


New Jersey State Sources


Bill Comments

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