CA AB1836

Increases personal income tax rates on high earners for taxable years beginning January 1, 2011 through December 31, 2015, with a 10% rate on income over $250,000 (or $500,000 for married filing jointly) and an 11% rate on income over $400,000 (or $800,000 for married filing jointly).

Raises the alternative minimum tax rate to 8.5% for the same period (2011-2015), reverting to 7% after January 1, 2016.

Requires a two-thirds vote in each house of the Legislature to pass, as it constitutes a change in state taxes that increases revenues under California Constitution Article XIII A, Section 3.

Takes effect immediately as a tax levy.

Reinstates higher income tax brackets similar to those imposed during Governor Pete Wilson's administration (1991-1996) to address the state's structural budget problems while protecting education, health, and public safety funding.