SB 00513: An Act Concerning A Payroll Tax And Structural Efficiency In The Collection Of Such Tax And Establishing An Administrative Efficiency Account For The Reduction Of Certain Consumer Charges.

Summary

To modernize state revenue collection of payroll expense through an employer administrative optimization program, establish a structural efficiency dividend to be applied to the reduction of public benefits charges on electric bills and provide for the enhancement of employee retirement assets through qualifying retirement investment plans.

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Mar 20, 2026

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