NJ SCR77 | 2014-2015 | Regular Session
Note: Carry Foward to future SCR72
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 27 2014 - 25% progression, died in committee
Action: 2014-02-27 - 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 February 27 2014 - 25% progression, died in committee
Action: 2014-02-27 - 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 |
|---|---|---|
| 2014-02-27 | Senate | Introduced in the Senate, Referred to Senate Budget and Appropriations Committee |
Same As/Similar To
SCR77 (Carry Over) 2014-02-27 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
ACR110 (Same As) 2014-02-06 - Introduced, Referred to Assembly Budget Committee
ACR110 (Same As) 2014-02-06 - Introduced, Referred to Assembly Budget Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2014/SCR77 |
| Text | https://pub.njleg.gov/Bills/2014/SCR/77_I1.HTM |
