AN ACT CONCERNING THE QUALIFYING INCOME THRESHOLDS FOR CERTAIN PERSONAL INCOME TAX DEDUCTIONS FOR MARRIED INDIVIDUALS FILING JOINTLY.

This bill raises the income threshold for married couples filing jointly to qualify for tax deductions on Social Security benefits, pension, and annuity income. Currently, the deduction phase-out begins at $150,000, but the bill increases this threshold to a higher amount (not specified in text) and adjusts the phase-out start to $200,000. It directly affects married taxpayers receiving these income sources who currently exceed the current threshold. The change simplifies eligibility by allowing more households to claim these deductions before income-based reductions apply.