The so-called "millionaire tax" is on the move again at the Statehouse.
A procedural vote to advance the proposed constitutional amendment was easily approved on a 156-37 vote Wednesday during a joint session of the Massachusetts Legislature.
The amendment calls for a 4 percent surtax on the state's wealthiest individuals — those who report annual incomes above $1 million. The estimated $2 billion in proceeds from the tax would be earmarked for education and transportation.
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The proposal nearly made it to the ballot last year before the state's highest court ruled it violated constitutional restrictions on voter-initiated laws. To get around the court's concerns, supporters this time are using a legislative process to amend the constitution.
The earliest the amendment could be ratified by voters is 2022.