H7313 — Creates an additional tax rate of 3% on taxable income over $640,000 in 2026 dollars. Applies to tax years 2027 and thereafter and not retroactively.

H7313 — Creates an additional tax rate of 3% on taxable income over $640,000 in 2026 dollars. Applies to tax years 2027 and thereafter and not retroactively. · Informed CitizenryHouse Bill 7313 proposes adding a new state income tax rate of 3% that applies only to the portion of taxable income exceeding $640,000 (adjusted for 2026 dollars). This new tax will take effect st…Open in Informed Citizenry