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CT SB00386

CT SB00386
An Act Increasing The Agricultural Labor Remuneration Threshold For Imposition Of Unemployment Taxes.


summary

Introduced
01/09/2025
In Committee
01/09/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To increase, for purposes of the imposition of unemployment taxes, the threshold for payments made to individuals employed in agricultural labor in a calendar quarter, from twenty thousand dollars to thirty thousand dollars.

AI Summary

This bill proposes to modify Connecticut's unemployment tax law by increasing the threshold for agricultural labor remuneration from $20,000 to $30,000 per calendar quarter. In practical terms, this means that farmers and agricultural employers will only be required to pay unemployment taxes on wages paid to agricultural workers once those wages exceed $30,000 in a three-month period, up from the previous $20,000 threshold. The change is designed to provide some financial relief to agricultural businesses by reducing their unemployment tax burden. By raising the threshold, the bill acknowledges the unique economic challenges faced by the agricultural sector and offers a modest form of tax reduction that could help farmers manage their operational costs more effectively.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 01/09/2025)

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