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CT HB05081

Bill

Official Source

Status

Introduced

2/9/2026

Primary Sponsor

Nick Gauthier

Click for details

Origin

House of Representatives

2026 General Assembly

AI Summary

  • Establishes an additional marginal income tax rate of at least 4% on individual taxable income exceeding $1 million
  • Dedicates revenue generated from the new tax to education, higher education, and child care programs
  • Allocates additional revenue to repair, maintenance, and access improvements for roads, bridges, and public transportation
  • Amends Chapter 229 of the Connecticut general statutes governing personal income tax

Legislative Description

An Act Establishing An Additional Marginal Rate For The Personal Income Tax And Dedicating The Revenue Generated To Certain Purposes.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/9/2026

Committee Referrals

Finance, Revenue and Bonding2/9/2026

Full Bill Text

No bill text available