The purpose of this legislation is to change how income tax applies to tips received by workers in certain jobs, particularly those that traditionally receive tips, such as restaurant servers and beauty service providers. The main goal is to provide a tax deduction for these tips, making it easier for individuals to keep more of their earnings. One of the key provisions of this law is the introduction of a deduction for "qualified tips." This means that individuals can deduct the amount of tips they receive from their taxable income, up to a maximum of $25,000 per year.