http://www.fishlore.com/NitrogenCycle.htm
This is an article on the nitrogen cycle.
Mollies don't
need salt, though they prefer a mildly brackish water (okay, depending on the breed, some prefer pretty heavily brackish).
Yes, they can most definitely get too much salt. If the salt were to reach marine levels, it would slowly kill them. Beyond that, it would quickly kill them.
http://www.fishlore.com/aquariummaga...tank-setup.htm
This article has the information you need on setting up a brackish aquarium.