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NJ ACR112

Concurrent Resolution

Status

Introduced

2/6/2012

Primary Sponsor

Gordon Johnson

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Origin

General Assembly

2012-2013 Regular Session

AI Summary

Legislative Description

Amends State Constitution to set gross income tax rate on income over $1 million in 2013 and thereafter; dedicates revenue therefrom for services for senior citizens and for homestead rebates and credits; requires annual appropriation of at least $1 billion of certain revenue for services for senior citizens and for homestead rebates and credits.

Budget

Last Action

Introduced, Referred to Assembly Budget Committee

2/6/2012

Committee Referrals

Budget2/6/2012

Full Bill Text

No bill text available