Official record
Measure details
- Jurisdiction
- Delaware
- Session
- 153
- Chamber
- upper
- Classification
- bill
- Subjects
- Not supplied
- Introduced / first action
- 2026-06-23 00:00:00
Alternate titles
- Income Tax Subtraction/Qualified Overtime/Up to $12,500 short title
Source-supplied abstracts
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.
Sponsors
- Bryant L. Richardson (primary), primary
- Bryan W. Shupe (primary), primary