S942 — 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.

S942 — 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 capital gains or net income resulting from the sale or exchange of employer securities by 'qualified businesses' to an employee stock ownership p…Open in Informed Citizenry