Deferred compensation.

This bill urges the United States Congress to set a limit on deferred compensation, which allows high-income earners to postpone receiving money and potentially avoid state taxes on those funds. The proposal is driven by concerns that the current system creates tax inequality, citing a specific baseball player's contract as an example of how large sums can be deferred to reduce tax liability. By requesting a federal cap, the measure aims to ensure a more balanced tax structure for all income levels while maintaining state revenue. The resolution does not change California law directly but instead asks the federal government to address the issue through new legislation.