Adds gains from small business stock excluded under section 1202 of the Internal Revenue Code to adjusted gross income.

This bill amends the tax law to include gains from small business stock excluded under section 1202 of the Internal Revenue Code as an increase to adjusted gross income for taxable years beginning on or after January 1, 2025. The changes apply to sections 208, 612, and 1503 of the tax law.

Adds gains from small business stock excluded under section 1202 of the Internal Revenue Code to adjusted gross income.

This bill amends the tax law to include gains from small business stock excluded under section 1202 of the Internal Revenue Code as an increase to adjusted gross income for taxable years beginning on or after January 1, 2025. The changes apply to sections 208, 612, and 1503 of the tax law.