Provides Permanent Funding for Schools and Healthcare by Extending Existing Tax Rates

This measure would make permanent the existing temporary tax rates on high-income earners that are currently set to expire in 2031, applying to income over approximately $360,000-$721,000 depending on filing status. The measure would maintain $5-15 billion in annual state income tax revenue, with 89% allocated to K-12 schools and 11% to community colleges.