Connecticut HB 5081: AN ACT REIMBURSING THREE MUNICIPALITIES FOR THE LOSS OF MOTOR VEHICLE TAX REVENUE.

Status: REF. TO JOINT COMM. ON Appropriations (as of 2018-02-14)

State: Connecticut · Session: 2018 · Bill: HB 5081

Subjects: Bridgeport, Hamden, Property tax on motor vehicles, Torrington

Sponsors: Baker, Andre F., Hennessy, John "Jack" F., Rosario, Christopher, Santiago, Ezequiel, Stafstrom, Steven J., Stallworth, Charlie L.

Bill Text

LCO No. 702 1 of 1

General Assembly Proposed Bill No. 5081
February Session, 2026 LCO No. 702

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. GAUTHIER, 38th Dist.

AN ACT ESTABLISHING AN ADDITIONAL MARGINAL RATE FOR THE
PERSONAL INCOME TAX AND DEDICATING THE REVENUE
GENERATED TO CERTAIN PURPOSES.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That chapter 229 of the general statutes be amended to (1) establish 1
an additional marginal rate for the personal income tax of at least four 2
per cent on the portion of an individual's taxable income in excess of one 3
million dollars, and (2) dedicate the revenue generated from such tax to 4
education, higher education, child care and the repair and maintenance 5
of, and access to, roads, bridges and public transportation. 6
Statement of Purpose:
To (1) establish an additional marginal rate for the personal income tax
of at least four per cent on the portion of an individual's taxable income
in excess of one million dollars, and (2) dedicate the revenue generated
from such tax to certain purposes.

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