SB 869

This bill creates an individual income tax exemption for hourly wages received

by an employee for work performed in excess of 40 hours for a single employer in any

week during the taxable year. The bill also creates an individual income tax

exemption of up to $2,500 for each taxable year for bonuses received by an employee

for work performed for an employer.

Because this bill relates to an exemption from state or local taxes, it may be

referred to the Joint Survey Committee on Tax Exemptions for a report to be printed

as an appendix to the bill.