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.
Introduced by:
Rep. Kate Farrar, 20th Dist.New today | 2-4 days old | 5 days & older |
Text of Bill | |
Proposed Bill [doc] |
Add Notes to HB-5972
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Bill History
Date | Action Taken | ||
---|---|---|---|
1/22/2025 | Referred to Joint Committee on Finance, Revenue and Bonding |
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