Proposed H.B. No. 5972
Session Year 2025

AN ACT CONCERNING TAXPAYERS WITH DECLARED TIP INCOME OVER A CERTAIN THRESHOLD.

To require taxpayers who file a return with declared tip income over one hundred thousand dollars to register with the Department of Revenue Services and require such taxpayers, if the federal government excludes tips as taxable wages or implements a reduced income tax rate on tips, to pay to the state the amount of tax forgiven by the federal government.

Other Bills with Similar Topics

  Federal income tax 

 

• HB05772 - AN ACT REQUIRING THE INDEXING OF INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX.
• HB06751 - AN ACT ESTABLISHING A CHILD AND DEPENDENT TAX CREDIT AGAINST THE PERSONAL INCOME TAX.
• HB06753 - AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM ROTH INDIVIDUAL RETIREMENT ACCOUNT QUALIFIED DISTRIBUTIONS.
• HB07270 - AN ACT CONCERNING REQUIREMENTS FOR CERTAIN TAX APPEALS, THE DISAGGREGATION OF CERTAIN TAX SOURCING INFORMATION, THE AMORTIZABLE BOND PREMIUM SUBTRACTION FOR PURPOSES OF THE PERSONAL INCOME TAX AND THE APPLICATION OF VALUATION ALLOWANCE FOR CERTAIN COMBINED GROUP REPORTING.
• HB07272 - AN ACT CONCERNING THE INDEXING OF PERSONAL INCOME TAX THRESHOLDS AND PERSONAL EXEMPTION AMOUNTS, THE ESTABLISHMENT OF A CHILD TAX CREDIT AND THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM CERTAIN PAYMENTS AND DISTRIBUTIONS.
• SB00602 - AN ACT CONCERNING THE PERSONAL INCOME TAX MARGINAL RATES, THE ASSET EXPENSE DEDUCTION FOR CORPORATIONS AND THE LIMIT OF BOND ISSUANCES THE STATE BOND COMMISSION MAY AUTHORIZE.
• SB01202 - AN ACT CONCERNING THE PERSONAL INCOME TAX RATES FOR CERTAIN SURVIVING SPOUSES.

  Income tax (State) 

 

• HB05080 - AN ACT CONCERNING ADDITIONAL VOLUNTARY PERSONAL INCOME TAX PAYMENTS.
• HB05604 - AN ACT ELIMINATING THE LABOR CONSULTANT TAX DEDUCTION.
• HB05996 - AN ACT INCREASING THE PROPERTY TAX CREDIT AGAINST THE PERSONAL INCOME TAX FOR CERTAIN PROPERTY OWNERS.
• HB07270 - AN ACT CONCERNING REQUIREMENTS FOR CERTAIN TAX APPEALS, THE DISAGGREGATION OF CERTAIN TAX SOURCING INFORMATION, THE AMORTIZABLE BOND PREMIUM SUBTRACTION FOR PURPOSES OF THE PERSONAL INCOME TAX AND THE APPLICATION OF VALUATION ALLOWANCE FOR CERTAIN COMBINED GROUP REPORTING.
• HB07272 - AN ACT CONCERNING THE INDEXING OF PERSONAL INCOME TAX THRESHOLDS AND PERSONAL EXEMPTION AMOUNTS, THE ESTABLISHMENT OF A CHILD TAX CREDIT AND THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM CERTAIN PAYMENTS AND DISTRIBUTIONS.
• HJ00013 - RESOLUTION PROPOSING A STATE CONSTITUTIONAL AMENDMENT CONCERNING AN ADDITIONAL TAX ON CERTAIN INCOME AND THE USE OF THE REVENUE GENERATED.
• SB00104 - AN ACT ESTABLISHING A CAP ON THE AGGREGATE AMOUNT OF PERSONAL INCOME TAX REVENUE THE STATE MAY COLLECT.
• SB00119 - AN ACT ESTABLISHING A CHILD TAX CREDIT AGAINST THE PERSONAL INCOME TAX.
• SB00123 - AN ACT REQUIRING THE INDEXING OF INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX.
• SB00127 - AN ACT CONCERNING THE PERSONAL INCOME TAX DATA INCLUDED IN THE TAX INCIDENCE REPORT.
• SB00129 - AN ACT EXEMPTING FROM THE PERSONAL INCOME TAX PENSIONS RECEIVED BY CERTAIN LAW ENFORCEMENT PERSONNEL.
• SB00737 - AN ACT CONCERNING VARIOUS INITIATIVES TO REDUCE THE COST OF LIVING IN THE STATE AND IMPLEMENT OTHER REFORMS.
• SB01558 - AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF THE STATE.

  Gratuities 

 

• HB05728 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR TIPS OR GRATUITIES.
• HB05975 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR TIPS OR GRATUITIES.
• HB06842 - AN ACT CONCERNING THE MINIMUM FAIR WAGE AND PERSONS EMPLOYED AT CANNABIS ESTABLISHMENTS.