Comments: NJ SCR59 | 2020-2021 | Regular Session

Bill Title: Amends State Constitution to provide 10.75 percent marginal personal income tax rate on annual taxable income exceeding $1 million; dedicates amount equal to the revenue derived from tax rate to direct real property tax relief.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2020-02-10 - Introduced in the Senate, Referred to Senate Budget and Appropriations Committee [SCR59 Detail]

Text: Latest bill text (Introduced) [HTML]

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