Establishes and funds the close the waitlist fund by utilizing a tax surcharge to pay for providing senior services to individuals who have been.

The bill establishes the "close the waitlist fund" to provide senior services to individuals who have been waitlisted. It imposes a tax surcharge on the taxable income of various resident filers to fund this effort. The surcharge is 0% for incomes not over $10,000,000 and 0.5% for incomes over $10,000,000. The surcharge revenue will be credited to the fund and used exclusively for senior services. The fund will be managed by the state comptroller and the commissioner of taxation and finance. The bill takes effect immediately and applies to tax years commencing on and after January 1, 2026.

Establishes and funds the close the waitlist fund by utilizing a tax surcharge to pay for providing senior services to individuals who have been.

The bill establishes the "close the waitlist fund" to provide senior services to individuals who have been waitlisted. It imposes a tax surcharge on the taxable income of various resident filers to fund this effort. The surcharge is 0% for incomes not over $10,000,000 and 0.5% for incomes over $10,000,000. The surcharge revenue will be credited to the fund and used exclusively for senior services. The fund will be managed by the state comptroller and the commissioner of taxation and finance. The bill takes effect immediately and applies to tax years commencing on and after January 1, 2026.