A4935 — Provides gross income tax exclusion for capital gains from sale of certain employer securities by qualified businesses that result in net positive benefit to State.

A4935 — Provides gross income tax exclusion for capital gains from sale of certain employer securities by qualified businesses that result in net positive benefit to State. · Informed CitizenryThis bill proposes a gross income tax exclusion for net gains or income resulting from the sale or exchange of employer securities by 'qualified businesses' to an employee stock ownership plan, a N…Open in Informed Citizenry