AN ACT CONCERNING AN EXEMPTION FROM THE PERSONAL INCOME TAX FOR OVERTIME INCOME.

HB 5024 would exempt overtime earnings from state personal income tax for workers who earn overtime. Specifically, it would remove the taxable portion of overtime pay from income tax calculations, meaning eligible workers would keep more of their overtime compensation. The bill directly affects hourly employees who receive overtime pay under state law. This change would adjust the state's tax code to exclude overtime income from taxable earnings, without altering standard overtime pay rates or eligibility.