Income tax, state; rate increase, funding for schools and law-enforcement officer salaries.

Income tax; rate increase; funding for schoolsand law-enforcement officer salaries. Increases from 5.75 percentto 5.9 percent the income tax rate on income over $150,000. Under current law, the top marginal rate of 5.75 percent applies to incomeover $17,000. The rate change applies starting with taxable year2021. The bill requires revenue from the increase to be appropriatedfor nonrecurring capital expenditures of school divisions and salaryincreases for state and state-supported law-enforcement officers.