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
died
1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
Governor
Introduced Mar 27, 2026
Last action Apr 30, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 30, 2026
Committee
04/30/2026 Committee recommended measure be held for further study
legislature
Mar 27, 2026
Introduced
03/27/2026 Introduced, referred to Senate Finance
upper
9 primary · 0 co-sponsors
Sponsors
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