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Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB2703 • 2025

Imposes a surtax on income tax liability.

Imposes a surtax on income tax liability.

Taxes
Passed Legislature

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

Sponsor
Representative Evans
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-01-17 House

    Referred to Emergency Management, General Government, and Veterans with subsequent referral to Revenue.

  3. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act makes a new personal income tax to fund resiliency. (Flesch Readability Score: 64.9).
Imposes a surtax on income tax liability. Transfers the proceeds of the income tax surtax to the Resiliency Grant Fund.
Applies to tax years beginning on or after January 1, 2026.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to an income tax surtax to fund emergency preparedness; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
Current location: In House Committee