Proposed H.B. No. 5148
Session Year 2025

AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM PENSION PAYMENTS AND ANNUITY DISTRIBUTIONS.

To eliminate the requirement that payers deduct and withhold personal income tax from lump-sum payments of pension payments and annuity distributions.

Other Bills with Similar Topics

  Annuities 

 

• HB05154 - AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS, PENSION AND ANNUITY INCOME AND DISTRIBUTIONS FROM CERTAIN INDIVIDUAL RETIREMENT ACCOUNTS.
• HB05550 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB06318 - AN ACT ELIMINATING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS, PENSION OR ANNUITY INCOME AND CERTAIN INDIVIDUAL RETIREMENT ACCOUNT DISTRIBUTIONS.
• HB06461 - AN ACT ELIMINATING THE ESTATE AND GIFT TAXES AND THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS.
• SB00735 - AN ACT EXEMPTING SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME FROM THE PERSONAL INCOME TAX.
• SB00902 - AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM PENSION PAYMENTS AND ANNUITY DISTRIBUTIONS.

  Income tax exemptions (State) 

 

• SB00651 - AN ACT EXEMPTING OVERTIME INCOME FROM THE PERSONAL INCOME TAX.
• SB00902 - AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM PENSION PAYMENTS AND ANNUITY DISTRIBUTIONS.

  Pensions 

 

• HB05154 - AN ACT CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS, PENSION AND ANNUITY INCOME AND DISTRIBUTIONS FROM CERTAIN INDIVIDUAL RETIREMENT ACCOUNTS.
• HB05493 - AN ACT EXCLUDING OVERTIME PAY FROM THE CALCULATION OF STATE EMPLOYEE PENSIONS.
• HB05538 - AN ACT EXEMPTING TEACHERS' PENSIONS FROM THE PERSONAL INCOME TAX.
• HB05550 - AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.
• HB05610 - AN ACT REQUIRING PENSIONS FOR POLICE OFFICERS AND FIREFIGHTERS EMPLOYED BY MUNICIPALITIES.
• HB05740 - AN ACT CONCERNING THE PENSIONS OF STATE POLICE OFFICERS WHO ARE KILLED IN THE LINE OF DUTY.
• HB06318 - AN ACT ELIMINATING THE QUALIFYING INCOME THRESHOLDS FOR THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS, PENSION OR ANNUITY INCOME AND CERTAIN INDIVIDUAL RETIREMENT ACCOUNT DISTRIBUTIONS.
• HB06461 - AN ACT ELIMINATING THE ESTATE AND GIFT TAXES AND THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS.
• HB06844 - AN ACT CONCERNING PERMANENT PARTIAL DISABILITY BENEFITS AND PENSION OFFSETS.
• HB06845 - AN ACT CONCERNING HAZARD PENSIONS FOR CERTAIN JUDICIAL EMPLOYEES.
• HB06953 - AN ACT REQUIRING MUNICIPALITIES TO PROVIDE A PENSION TO POLICE OFFICERS AND FIREFIGHTERS THROUGH PARTICIPATION IN THE MUNICIPAL EMPLOYEES' RETIREMENT SYSTEM OR ANOTHER COMPARABLE PENSION SYSTEM.
• SB00129 - AN ACT EXEMPTING FROM THE PERSONAL INCOME TAX PENSIONS RECEIVED BY CERTAIN LAW ENFORCEMENT PERSONNEL.
• SB00380 - AN ACT CONCERNING A STUDY OF A PENSION BUYOUT PLAN FOR STATE EMPLOYEES.
• SB00407 - AN ACT PROHIBITING ANTI-ISRAELI BOYCOTT, DIVESTMENT AND SANCTIONS.
• SB00735 - AN ACT EXEMPTING SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME FROM THE PERSONAL INCOME TAX.
• SB00902 - AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM PENSION PAYMENTS AND ANNUITY DISTRIBUTIONS.