NJ SCR153 | 2010-2011 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 2)
Status: Introduced on April 11 2011 - 25% progression, died in committee
Action: 2011-04-11 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Pending: Senate Budget and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on April 11 2011 - 25% progression, died in committee
Action: 2011-04-11 - 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.
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
| Date | Chamber | Action |
|---|---|---|
| 2011-04-11 | Introduced in the Senate, Referred to Senate Budget and Appropriations Committee |
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2010/SCR153 |
| Text | https://pub.njleg.gov/Bills/2010/SCR/153_I1.HTM |
