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CT HB05117
Bill
Status
2/10/2026
Primary Sponsor
Nick Gauthier
Click for details
AI Summary
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Establishes an additional marginal income tax rate of at least 4% on individual taxable income exceeding $1 million
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Dedicates revenue to K-12 education funding, universal school meals, and school construction, repair, and capital projects
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Funds higher education initiatives including free public colleges and universities
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Supports child care programs, higher wages for child care workers, and baby supplies for parents of newborns
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Directs funding toward road, bridge, and public transportation repair and maintenance, as well as free public transit
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
2/10/2026