Bill > A1850

Introduced Session

This bill revises the gross income tax rates for taxable years beginning on or after January 1, 2026, converting the gross income tax to a flat tax. Under the bill, the tax rate imposed under the gross income tax would be 5.9 percent for all taxable income over: $37,500 for unmarried individuals, married individuals filing separately, or estates and trusts; and $75,000 for married individuals filing jointly, individuals filing as head of household, or individuals filing as a surviving spouse for federal income tax purposes. No other rate of tax would be imposed under the gross income tax. Taxpayers with income less than their applicable income threshold would not be subject to tax. Under current law, the gross income tax is imposed in accordance with progressive income tax brackets, with tax rates ranging from 1.4 to 10.75 percent of taxable income. Currently, a taxpayer's filing status and amount of taxable income determines the amount of tax due. No tax is due under current law for single filers, married separate filers, estates, or trusts with not more than $10,000 in taxable income, or married joint filers with taxable income not more than $20,000.

AI Summary

Committee Categories

Gregory Myhre (R)*,  Brian Rumpf (R)*,  Bob Auth (R),  John Azzariti (R),  Robert Clifton (R),  John DiMaio (R),  Vicky Flynn (R),  Michael Inganamort (R),  Paul Kanitra (R),  Gerry Scharfenberger (R),  Erik Simonsen (R), 

Introduced, Referred to Assembly Commerce and Economic Development Committee (on 01/13/2026)

Official Document