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CT HB05884

Bill

Official Source

Status

Introduced

1/24/2013

Primary Sponsor

Roland Lemar

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Amends chapter 229 of the general statutes to establish a 6.8 percent income tax rate on income between $1 million and $2 million
  • Establishes an 8.8 percent income tax rate on income exceeding $2 million
  • Referred to Committee on Finance, Revenue and Bonding
  • Introduced by Rep. Lemar (96th District) during the January 2013 session
  • Stated purpose is to increase fairness and equity in Connecticut's tax code through higher taxes on high-income earners

Legislative Description

An Act Concerning Income Tax Rates On Incomes Over One Million Dollars.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

1/24/2013

Committee Referrals

Finance, Revenue and Bonding1/24/2013

Full Bill Text

No bill text available