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NJ ACR150

Concurrent Resolution

Official Source

Status

Introduced

2/16/2016

Primary Sponsor

Reed Gusciora

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Origin

General Assembly

2016-2017 Regular Session

AI Summary

Legislative Description

Amends State Constitution to provide 10.75% marginal personal income tax rate on annual taxable income exceeding $1,000,000 and dedicates amount equal to the revenue derived from tax rate to direct real property tax relief.

Budget

Last Action

Introduced, Referred to Assembly Budget Committee

2/16/2016

Committee Referrals

Budget2/16/2016

Full Bill Text

No bill text available