Corporate welfare tax; imposes on large employers a tax equal to 100% of qualified employee benefit.

Summary

The bill creates a corporate welfare tax that requires large employers to pay a tax equal to 100% of each qualified employee benefit they provide. It targets big companies and aims to recoup the cost of those benefits for the state. The measure is intended to address perceived corporate subsidies.

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

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