S3551 — Excludes deferred compensation of certain public school and federal tax-exempt organization employees from current taxation under gross income tax.

S3551 — Excludes deferred compensation of certain public school and federal tax-exempt organization employees from current taxation under gross income tax. · Informed CitizenrySenate Bill S3551 proposes to exclude specific types of deferred compensation—money that an employer promises to pay out to an employee later—from the current taxable income of certain workers.…Open in Informed Citizenry