HB 5117: AN ACT ESTABLISHING AN ADDITIONAL MARGINAL RATE FOR THE PERSONAL INCOME TAX AND DEDICATING THE REVENUE GENERATED TO CERTAIN PURPOSES.
Topics
✓ Budget & TaxesSupports Budget & TaxesImposes 4% tax on top earners ($1M+) to fund public services including schools, infrastructure, childcare, aligning with progressive tax funding for essential programs.
✓ EducationSupports EducationDirectly dedicates tax revenue to school construction, higher education funding, and free school meals, advancing educational infrastructure and access.
✓ TransportationSupports TransportationBill dedicates tax revenue specifically to 'repairs for roads, bridges, public transit' and 'free transit access', directly funding transportation infrastructure improvements.