Bill

Bill > SB00066


CT SB00066

CT SB00066
An Act Establishing A Temporary Personal Income Tax Deduction For Tips Or Gratuities.


summary

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

Introduced Session

2026 General Assembly

Bill Summary

To establish a temporary personal income tax deduction of up to twenty-five thousand dollars for the amount of tips or gratuities declared by certain taxpayers for the taxable years commencing on or after January 1, 2026, and prior to January 1, 2029.

AI Summary

This bill establishes a temporary personal income tax deduction for tips or gratuities, allowing taxpayers to deduct up to $25,000 of declared tips from their taxable income. This deduction will be available for tax years beginning on or after January 1, 2026, and ending before January 1, 2029. However, the deduction will be phased out for individuals with an adjusted gross income exceeding $150,000 if filing as single, and for married couples filing jointly with an adjusted gross income over $300,000. This provision aims to provide temporary tax relief to individuals who receive tips as part of their income.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 02/04/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...