Providing for the apportionment of business income by the single sales factor and the apportionment of financial institution income by the receipts factor, deductions from income when using the single sales factor and receipts factor, the decrease in corporate income tax rates determining when sales other than tangible personal property are made in the state and excluding sales of a unitary business group of electric and natural gas public utilities.
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More on this bill
Where it stands
Introduced
Passed House
Passed Senate
Died
Looking ahead
No hearings or votes scheduled.
History
2026
Apr 10Died in Senate CommitteeDied
2025
Mar 25Referred to Senate Committee on Assessment and TaxationMinor
Mar 24Received and IntroducedMinor
Mar 24Engrossed on Sunday, March 23, 2025
Mar 20Committee of the Whole - Committee Report be adoptedMajor
Vote recorded Emergency Final Action - Passed as amended. Result: pass.Lower
Mar 20Committee of the Whole - Motion to Amend - Offered by Rep. Adam Smith
Mar 20Committee of the Whole - Amendment by Rep. Adam Smith was adoptedMajor
Mar 20Committee of the Whole - Be passed as amendedPassed Senate
Mar 20Motion to advance to Emergency Final Action adopted
Mar 20Emergency Final Action - Passed as amended; Yea 109, Nay 9, Absent 7Passed House
Mar 19Committee of the Whole - Passed over and retain a place on the calendar
Mar 14Committee Report recommending bill be passed as amended by House Committee on TaxationMinor
Feb 7IntroducedMinor
Feb 7Referred to House Committee on TaxationIntroduced