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HB05133 • 2026

AN ACT INCREASING THE HIGHEST MARGINAL RATE OF THE PERSONAL INCOME TAX.

AN ACT INCREASING THE HIGHEST MARGINAL RATE OF THE PERSONAL INCOME TAX.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Rep. Jason Doucette, 13th Dist.
Last action
2026-02-20
Official status
Public Hearing 02/27
Effective date
Not listed

Plain English Breakdown

The official source does not provide specific details on which income brackets this applies to.

Increasing Income Tax for High Earners

This act raises the top personal income tax rate from 6.99% to 7.99%.

What This Bill Does

  • Increases the highest marginal rate of personal income tax.
  • Changes section 12-700 in the state's laws.

Who It Names or Affects

  • High earners who pay the top marginal rate on their income.

Terms To Know

marginal tax rate
The percentage of tax paid on each additional dollar earned, after accounting for lower rates that apply to earlier dollars earned.

Limits and Unknowns

  • Does not specify when the change will take effect.
  • Only affects those who are subject to the highest marginal rate.

Bill History

  1. 2026-02-20 Connecticut General Assembly

    Public Hearing 02/27

  2. 2026-02-18 FIN

    Reserved for Subject Matter Public Hearing

  3. 2026-02-10 Connecticut General Assembly

    Referred to Joint Committee on Finance, Revenue and Bonding

Official Summary Text

To increase the highest marginal rate of the personal income tax from six and ninety-nine-hundredths per cent to seven and ninety-nine-hundredths per cent.

Current Bill Text

Read the full stored bill text
LCO No. 937 1 of 2

General Assembly Proposed Bill No. 5133
February Session, 2026 LCO No. 937

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. DOUCETTE, 13th Dist.
REP. BIGGINS, 11th Dist.
REP. BROWN, 56th Dist.
REP. BROWN M., 127th Dist.
REP. CHAFEE, 33rd Dist.
REP. DEMICCO, 21st Dist.
REP. ELLIOTT, 88th Dist.
REP. FARRAR, 20th Dist.
REP. FORTIER, 79th Dist.
REP. GAUTHIER, 38th Dist.
REP. GILCHREST, 18th Dist.
REP. GODFREY, 110th Dist.
REP. GUCKER, 138th Dist.
REP. HEFFERNAN, 115th Dist.
REP. JOHNSON, 49th Dist.
REP. KAVROS DEGRAW, 17th Dist.
REP. KEITT, 134th Dist.
REP. KHAN, 5th Dist.
REP. LEMAR, 96th Dist.
REP. LUXENBERG, 12th Dist.
REP. MARTINEZ, 22nd Dist.
REP. MENAPACE, 37th Dist.
REP. MCGEE T., 116th Dist.
REP. MORRIN BELLO, 28th Dist.
REP. NOLAN, 39th Dist.
REP. PARIS, 145th Dist.
REP. ROCHELLE, 104th Dist.
REP. SHAKE, 120th Dist.
REP. SHANNON, 117th Dist.
REP. SIMMS, 140th Dist.
SEN. SLAP, 5th Dist.
REP. SWEET, 91st Dist.
REP. TURCO, 27th Dist.
REP. WINTER, 94th Dist.

AN ACT INCREASING THE HIGHEST MARGINAL RATE OF THE
PERSONAL INCOME TAX.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That section 12-700 of the general statutes be amended to increase the 1
highest marginal rate of the personal income tax from six and ninety -2
Proposed Bill No. 5133

LCO No. 937 2 of 2

nine-hundredths per cent to seven and ninety -nine-hundredths per 3
cent. 4
Statement of Purpose:
To increase the highest marginal rate of the personal income tax from
six and ninety-nine-hundredths per cent to seven and ninety -nine-
hundredths per cent.