The main purpose of this legislation, known as the Holiday Bonus Tax Relief Act of 2025, is to provide tax relief by excluding holiday bonuses from an individual's gross income. This means that employees will not have to pay taxes on certain bonuses they receive during the holiday season, making it financially easier for them to keep more of their earnings. Key provisions of the law include the definition of a "qualified holiday bonus," which refers to bonuses paid by employers to employees during the months of January, November, or December.