Connecticut HB 5117: AN ACT ESTABLISHING AN ADDITIONAL MARGINAL RATE FOR THE PERSONAL INCOME TAX AND DEDICATING THE REVENUE GENERATED TO CERTAIN PURPOSES.

Bill Text

LCO No. 870 1 of 2

General Assembly Proposed Bill No. 5117
February Session, 2026 LCO No. 870

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; universal school meals; school construction, repair, capital 5
projects and expenditures; higher education and free public colleges and 6
universities; child care; higher wages for child care workers; baby 7
supplies for parents and guardians of newborn infants; the repair and 8
maintenance of, and access to, roads, bridges and public transportation; 9
and free public transit. 10
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

Proposed Bill No. 5117

LCO No. 870 2 of 2

from such tax to education; universal school meals; school construction,
repair, capital projects and expenditures; higher education and free
public colleges and universities; child care; higher wages for child care
workers; baby supplies for parents and guardians of newborn infants;
the repair and maintenance of, and access to, roads, bridges and public
transportation; and free public transit.