SB 2989

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
SB 2989 clarifies that wage replacement benefits paid to employees by employers who do not carry workers’ compensation insurance are considered equivalent to workers’ compensation benefits solely for federal tax purposes. The change ensures these benefits remain excluded from taxable income for federal tax and employment purposes, but does not alter Texas law regarding employer liability​.
Author (1)
Charles Schwertner
Related Legislation
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