This bill addresses tax penalties within the Individual Income Tax Act.
This bill:
- removes marriage penalties from certain individual income tax credits over a five-year period, resulting in the income phaseout amounts for filers who have single, head of household, or married filing separately status, beginning in 2030, to be half of the amount for filers who have joint filing status; and
- makes technical changes.

Statutes affected:
Introduced: 59-10-104.1, 59-10-1018, 59-10-1019, 59-10-1042, 59-10-1047
Substitute #1: 59-10-104.1, 59-10-1018, 59-10-1019, 59-10-1042, 59-10-1047
Substitute #2: 59-10-104.1, 59-10-1018, 59-10-1019, 59-10-1042, 59-10-1047
Substitute #3: 59-10-1018, 59-10-1019, 59-10-1042, 59-10-1047
Substitute #4: 59-10-1018, 59-10-1019, 59-10-1042, 59-10-1047
Substitute #5: 59-10-1018, 59-10-1019, 59-10-1047