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.

Introduced by:
Rep. Kate Farrar, 20th Dist.

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Bill History

 Date Action Taken
 1/22/2025Referred to Joint Committee on Finance, Revenue and Bonding

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