(a)The amendments made to Section 162(m) of the Internal…#
(a) The amendments made to Section 162(m) of the Internal Revenue Code by Section 13601(e)(2) of the Tax Cuts and Jobs Act, 2017 (Public Law 115-97), relating to exception for binding contracts, shall apply, and is modified by substituting “March 31, 2019” for “November 2, 2017.”
(b)Section 162(m)(3)(C) of the Internal Revenue Code,…#
(b) Section 162(m)(3)(C) of the Internal Revenue Code, relating to covered employee, shall not apply.
(Amended by Stats. 2025, Ch. 231, Sec. 41. (SB 711) Effective October 1, 2025.)