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CT HB05010

CT HB05010
An Act Exempting Tips Or Gratuities And Overtime Pay From The Personal Income Tax.


summary

Introduced
02/04/2026
In Committee
02/04/2026
Crossed Over
Passed
Dead

Introduced Session

2026 General Assembly

Bill Summary

To exempt the amount of tips or gratuities declared by a taxpayer and overtime pay from the personal income tax.

AI Summary

This bill proposes to amend Connecticut's tax laws to exempt certain types of income from personal income tax, meaning individuals will no longer have to pay state income tax on these earnings. Specifically, it aims to exclude the amount of tips or gratuities that a taxpayer reports, which are extra payments given to service workers, and any overtime pay, which is the money earned for working beyond regular hours. The intention behind this legislation is to reduce the tax burden on workers who receive these forms of compensation.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Finance, Revenue and Bonding Public Hearing (00:00:00 2/27/2026 ) (on 02/27/2026)

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