Relating to marginal income tax rates; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
Summary
Increases personal income tax imposed on certain taxpayers by raising rate and adding new bracket with higher marginal rate. Applies to tax years beginning on or after January 1, 2024. Takes effect on 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2023
Last action Jun 25, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Jun 25, 2023
Lower · Passed
In committee upon adjournment.
lower
Jan 13, 2023
Committee
Referred to Revenue.
lower
Jan 9, 2023
Introduced
First reading. Referred to Speaker's desk.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Khanh Pham
DDemocratic
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