Bill Sponsors: NJ A3485 | 2014-2015 | Regular Session

Bill Title: Raises the gross income tax rate on taxable income exceeding $1,000,000 to 10.75 percent for a temporary three-year-period and restores the State earned income tax credit to 25 percent of the federal credit.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Vetoed) 2014-07-11 - Absolute Veto, Received in the Assembly [A3485 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Vincent Prieto [D]PrimarySponsored BillsHD-032FollowTheMoneyBallotpediaVoteSmart
Representative Louis Greenwald [D]PrimarySponsored BillsHD-006FollowTheMoneyBallotpediaVoteSmart
Senator Stephen Sweeney [D]CosponsorSponsored BillsSD-003FollowTheMoneyBallotpediaVoteSmart

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