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Read. Follow. Verify.Connecticut bill proposes new 4% income tax rate on earnings over $1 million to fund schools, child care, and transit
Last action · February 10, 2026: Referred to Joint Committee on Finance, Revenue and BondingSponsor: Nick Gauthier
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What This Bill Proposed
Proposed Bill 5117 establishes a new 4% marginal income tax rate on individual taxable income exceeding one million dollars. The revenue collected from this tax is dedicated to funding public education, universal school meals, child care worker wages, baby supplies, higher education, and public transportation improvements.
High-earning residents with taxable income over $1 million face an additional 4-percent tax levy, while families, students, and transit riders stand to receive expanded public services and financial support funded by the resulting revenue.
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Individuals with taxable income over $1 million
Subject to an additional marginal income tax rate of at least 4 percent.
Child care workers
Stands to receive higher wages funded through revenue generated by the tax.
Parents and guardians of newborn infants
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
Who would pay the proposed 4% tax rate?
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News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died at adjournment · in House committee.
Procedural history
1 action- Feb 10, 2026Connecticut General AssemblyCommitteeReferred to Joint Committee on Finance, Revenue and Bonding
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
New High-Income Tax Bracket Proposal
The bill introduces a structural tax change by adding a targeted 4 percent levy on income above one million dollars dedicated to specific public programs.
Connected Entities
Sources
cga.ct.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 75)
- Controversy80Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz60Current news / social attention level
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