HB05113: An Act Increasing The Highest Marginal Rate Of The Personal Income Tax And Establishing A Capital Gains Surcharge To Provide Funding For Certain Child-related, Municipal And Higher Education Initiatives.

Legislative Summary

To increase certain personal income tax marginal rates and establish a capital gains surcharge to provide funding for a child tax credit, a mill rate cap and municipal reimbursements for such cap and support of certain higher education programs and institutions.