New Jersey SCR 59: Amends State Constitution to provide 10.75 percent marginal personal income tax rate on annual taxable income exceeding $1 million; dedicates amount equal to the revenue derived from tax rate to direct real property tax relief.
Status: Introduced in the Senate, Referred to Senate Budget and Appropriations Committee (as of 2020-02-10)
State: New Jersey · Session: 219 · Bill: SCR 59
Subjects: CONSTITUTION, INCOME TAX, PROPERTY TAX
Sponsors: Turner, Shirley K.
View New Jersey SCR 59 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.