Bill 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.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2012-02-06 - Introduced, Referred to Assembly Budget Committee [ACR112 Detail]

Text: Latest bill text (Introduced) [HTML]

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