AN ACT RELATING TO TAXATION -- WEALTH PROCEEDS TAX
Summary
Imposes a tax equal to four percent (4%) on net investment income, such as interest, dividends, annuities, royalties, capital gains and rental income, of high-income households, estates and trusts, based upon federal guidelines.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2026
Last action Feb 27, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 27, 2026
Introduced
02/27/2026 Introduced, referred to House Finance
lower
10 primary · 0 co-sponsors
Sponsors
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