SB 299·DE·senate
AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO PERSONAL INCOME TAX CREDITS APPLICABLE TO OVERTIME INCOME.
Passed One ChamberFiled May 5, 2026
Sponsor: Bryant Richardson (R)
Latest Action
Introduced and Assigned to Elections & Government Affairs Committee in Senate
May 5, 2026
Summary
The bill gives Delaware taxpayers a credit of up to $15,000 on overtime wages earned under the federal Fair Labor Standards Act. The credit begins to phase out for single filers with modified AGI above $125,000 and joint filers above $250,000, disappearing completely at $150,000 and $300,000 respectively. It aims to reduce tax liability for workers who regularly exceed a 40‑hour work week.
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