Proposed H.B. No. 5095
Session Year 2022

AN ACT CONCERNING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS AND THE CLIFF EFFECT.

To establish, for the personal income tax deductions for pension and annuity income, Social Security benefits and certain individual retirement account distributions, income threshold phase-outs to eliminate the cliff effect.

Other Bills with Similar Topics

  Annuities 

 

• HB05015 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05027 - AN ACT ELIMINATING THE ESTATE AND GIFT TAXES AND CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME.
• HB05071 - AN ACT CONCERNING THE PENSION AND ANNUITY INCOME DEDUCTION FROM THE PERSONAL INCOME TAX AND THE QUALIFYING INCOME THRESHOLD FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05093 - AN ACT CONCERNING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS AND THE CLIFF EFFECT.
• HB05097 - AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTION FOR PENSION OR ANNUITY INCOME.
• HB05108 - AN ACT CONCERNING THE PENSION AND ANNUITY INCOME DEDUCTION FROM THE PERSONAL INCOME TAX AND THE QUALIFYING INCOME THRESHOLD FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05408 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• SB00067 - AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME.

  Income tax deductions (State) 

 

• HB05007 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR LONG-TERM CARE INSURANCE PREMIUM PAYMENTS.
• HB05008 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR ABLE ACCOUNT DEPOSITS.
• HB05015 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05023 - AN ACT CONCERNING CERTAIN ADJUSTMENTS FOR SENIORS TO PERSONAL INCOME TAX DEDUCTIONS.
• HB05061 - AN ACT CONCERNING ADJUSTMENTS TO THE PERSONAL INCOME TAX INCOME THRESHOLDS AND QUALIFYING INCOME THRESHOLDS FOR DEDUCTIONS.
• HB05068 - AN ACT CONCERNING THE SOCIAL SECURITY BENEFITS DEDUCTION FROM THE PERSONAL INCOME TAX AND THE QUALIFYING INCOME THRESHOLD FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05071 - AN ACT CONCERNING THE PENSION AND ANNUITY INCOME DEDUCTION FROM THE PERSONAL INCOME TAX AND THE QUALIFYING INCOME THRESHOLD FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05086 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN HOMEOWNERS WITH CRUMBLING FOUNDATIONS.
• HB05091 - AN ACT AUTHORIZING THE DEDUCTION OF CERTAIN BUSINESS EXPENSES BY CANNABIS ESTABLISHMENTS.
• HB05093 - AN ACT CONCERNING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS AND THE CLIFF EFFECT.
• HB05094 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR THE INSTALLATION OF A RESIDENTIAL CHARGING STATION FOR ELECTRIC VEHICLES.
• HB05104 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR ABLE ACCOUNT DEPOSITS.
• HB05107 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR PRINCIPAL PAID BY HEALTH CARE PROVIDERS ON THEIR STUDENT LOANS.
• HB05108 - AN ACT CONCERNING THE PENSION AND ANNUITY INCOME DEDUCTION FROM THE PERSONAL INCOME TAX AND THE QUALIFYING INCOME THRESHOLD FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05121 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR STUDENT LOAN INTEREST.
• HB05173 - AN ACT ALLOWING A PERSONAL INCOME TAX DEDUCTION FOR STIPENDS PAID TO VOLUNTEER FIREFIGHTERS AND VOLUNTEER AMBULANCE MEMBERS.
• HB05316 - AN ACT ESTABLISHING A FARMERS' RETIREMENT SAVINGS TRUST.
• HB05371 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR HONOR GUARD DETAIL COMPENSATION.
• HB05408 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05490 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR RENT PAID ON A PRIMARY RESIDENCE IN THE STATE.
• SB00011 - AN ACT MAKING ADJUSTMENTS TO STATE REVENUE AND CONCERNING CAPTIVE INSURANCE COMPANIES.
• SB00024 - AN ACT INCREASING THE AMOUNT OF THE PERSONAL INCOME TAX DEDUCTION FOR SOCIAL SECURITY INCOME.
• SB00055 - AN ACT EXPANDING THE PERSONAL INCOME TAX DEDUCTION FOR CONTRIBUTIONS TO 529 QUALIFIED STATE TUITION PROGRAM ACCOUNTS.
• SB00059 - AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR THE COSTS OF HOME HEALTH CARE.
• SB00064 - AN ACT INCREASING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTION FOR SOCIAL SECURITY BENEFITS.
• SB00182 - AN ACT ESTABLISHING A FIRST-TIME HOMEBUYER SAVINGS ACCOUNT AND TAX DEDUCTION.
• SB00261 - AN ACT CONCERNING A STATE INCOME TAX DEDUCTION FOR HOME CARE COSTS.

  Individual retirement accounts (IRAs) 

 

• HB05015 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05023 - AN ACT CONCERNING CERTAIN ADJUSTMENTS FOR SENIORS TO PERSONAL INCOME TAX DEDUCTIONS.
• HB05093 - AN ACT CONCERNING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS AND THE CLIFF EFFECT.
• HB05408 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.

  Pensions 

 

• HB05015 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05027 - AN ACT ELIMINATING THE ESTATE AND GIFT TAXES AND CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME.
• HB05071 - AN ACT CONCERNING THE PENSION AND ANNUITY INCOME DEDUCTION FROM THE PERSONAL INCOME TAX AND THE QUALIFYING INCOME THRESHOLD FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05093 - AN ACT CONCERNING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS AND THE CLIFF EFFECT.
• HB05097 - AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTION FOR PENSION OR ANNUITY INCOME.
• HB05108 - AN ACT CONCERNING THE PENSION AND ANNUITY INCOME DEDUCTION FROM THE PERSONAL INCOME TAX AND THE QUALIFYING INCOME THRESHOLD FOR MARRIED INDIVIDUALS FILING JOINTLY.
• SB00067 - AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME.

  Social Security 

 

• HB05015 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05026 - AN ACT ELIMINATING THE PERSONAL INCOME TAX ON SOCIAL SECURITY BENEFITS.
• HB05027 - AN ACT ELIMINATING THE ESTATE AND GIFT TAXES AND CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME.
• HB05068 - AN ACT CONCERNING THE SOCIAL SECURITY BENEFITS DEDUCTION FROM THE PERSONAL INCOME TAX AND THE QUALIFYING INCOME THRESHOLD FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05093 - AN ACT CONCERNING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS AND THE CLIFF EFFECT.
• HB05408 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• SB00024 - AN ACT INCREASING THE AMOUNT OF THE PERSONAL INCOME TAX DEDUCTION FOR SOCIAL SECURITY INCOME.
• SB00064 - AN ACT INCREASING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTION FOR SOCIAL SECURITY BENEFITS.
• SB00067 - AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME.