The main purpose of this legislative proposal is to change the tax treatment of strike benefits received by workers. Specifically, it aims to exclude these benefits from being counted as taxable income. This means that workers who receive financial support during a strike or lockout will not have to pay taxes on that money, which can help alleviate some of the financial burdens they face during labor disputes. Key provisions of the proposal include defining "qualified strike benefits" as compensation provided by labor organizations to their members.