50.04.335 - Wages, remuneration -- Stock transfers excepted.

Wages, remuneration — Stock transfers excepted.

After December 31, 2003, for the purpose of the payment of contributions, the term "wages" does not include an employee's income attributable to the transfer of shares of stock to the employee pursuant to his or her exercise of a stock option granted for any reason connected with his or her employment.

[2006 c 13 § 17. Prior: 2003 2nd sp.s. c 4 § 2.]

Notes: Retroactive application -- 2006 c 13 §§ 8-22: See note following RCW 50.04.293.

Conflict with federal requirements -- Part headings not law -- Severability -- 2006 c 13: See notes following RCW 50.20.120.

Conflict with federal requirements -- Severability -- Effective date -- 2003 2nd sp.s. c 4: See notes following RCW 50.01.010.