39-22-104.5. Pretax payments - catastrophic health insurance - repeal

39-22-104.5. Pretax payments - catastrophic health insurance - repeal. (1) For income tax years commencing on or after January 1, 1995, and prior to January 1, 2025, amounts withheld from an individual's wages that are used to pay for catastrophic health insurance pursuant to and within the limitations prescribed by section 10-16-116, are excluded from the individual's federal taxable income for purposes of the state income tax imposed by section 39-22-104. (2) This section is repealed, effective December 31, 2028.