This bill addresses tax penalties within the Individual Income Tax Act.
This bill:
- removes marriage penalties from certain individual income tax credits and exemptions by setting income phaseout amounts for filers who have single, head of household, or married filing separately status to be half of the amount for filers who have joint filing status;
- enacts a nonrefundable individual income tax credit available for married filers; 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