An Act to Amend Title 30 of the Delaware Code Relating to Personal Income Tax Subtractions
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
- Stage
- Session ended
- Started in
- Senate
- Latest action
- Jun 23
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Needs attention)
Law (Not started)
What it does
This Act creates a Delaware personal income tax subtraction for qualified overtime compensation that mirrors the federal deduction. Eligible workers can deduct up to $12,500 of qualified overtime pay ($25,000 for married couples filing jointly) from their federal taxable income. The deduction begins to phase out when federal modified adjusted gross income (MAGI) exceeds $150,000 for single filers ($300,000 for joint filers). Only the overtime premium portion (the extra pay above the regular hourly rate) qualifies for the deduction.
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
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