H8200Introduced in the House
Imposes a tax equal to four percent (4%) on net investment income, such as interest, dividends, annuities, royalties, capital gains and rental income, of high-income households, estates and trusts, based upon federal guidelines.
Introduced by Teresa Tanzi, District 34
What does this bill do?
Plain-English breakdown
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Official description
TAXATION -- WEALTH PROCEEDS TAX - Imposes a tax equal to four percent (4%) on net investment income, such as interest, dividends, annuities, royalties, capital gains and rental income, of high-income households, estates and trusts, based upon federal guidelines.
Where it stands
Introduced, referred to House Finance
February 27, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
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Bill history
Introduced, referred to House Finance
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