Increases gross income tax rate from 8.97 percent to 10.75 percent on income between $1,000,000 and $5,000,000, and provides up to $500 tax rebate to eligible taxpayers.
Bill status
signed
all 5 stages cleared
Introduction
Sep 2020
Committee Review
Sep 2020
General Assembly Passage
Sep 2020
Senate Passage
Sep 2020
Signed into Law
Sep 2020
Introduced Sep 21, 2020
Signed Sep 29, 2020
Floor votes · Senate Sep 24, 2020 · General Assembly Sep 24, 2020
How they voted
25–14
Passed · 1 other
Total votes 40
Sep 24, 2020
D
Democratic26
96% Yea
R
Republican14
92% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
9
Key actions
4
Committee
1
Sep 29, 2020
Signed into law
Approved P.L.2020, c.94.
executive
Sep 24, 2020
Upper · Passed
Passed Senate (Passed Both Houses) (25-14)
upper
Sep 24, 2020
Lower · Passed
Passed Assembly (52-27-0)
lower
Sep 21, 2020
Lower · Passed
Reported out of Assembly Committee, 2nd Reading
lower
Sep 21, 2020
Introduced
Introduced in the Assembly, Referred to Assembly Budget Committee
lower
4 primary · 2 co-sponsors
Sponsors
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