Income tax; exclude NIL compensation from gross income.

Summary

The bill amends the state income‑tax code to remove from gross income any portion of an employee’s salary that is reduced under a qualified salary‑reduction agreement. It would affect eligible employees who participate in such agreements, lowering their state tax liability. The measure failed to advance and died in committee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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