Bill Title: 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.

Spectrum: Partisan Bill (Democrat 12-0)

Status: (Introduced - Dead) 2012-03-05 - Introduced, Referred to Assembly Budget Committee [ACR130 Detail]

Text: Latest bill text (Introduced) [HTML]

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