Income tax; pass-through entities; sunset. Removes the sunset for the elective entity level tax on pass-through entities that is currently set to expire after taxable year 2025.
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More on this bill
Where it stands
Introduced
Passed House
3Passed Senate
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Feb 5Passed by indefinitely in Finance and Appropriations (10-Y 3-N)Latest
Vote recorded Passed by indefinitely in Finance and Appropriations (10-Y 3-N). Result: pass.Upper
Jan 29Referred to Committee on Finance and AppropriationsMinor
Jan 29Constitutional reading dispensed (on 1st reading)
Jan 28Read third time and passed House (92-Y 6-N)Passed House
Vote recorded Read third time and passed House (92-Y 6-N). Result: pass.Lower
Jan 27Read second time and engrossedMinor
Jan 24Read first timeMinor
Jan 22Reported from Finance (17-Y 5-N)Minor
Vote recorded Reported from Finance (17-Y 5-N). Result: pass.Lower
Jan 21Subcommittee recommends reporting (6-Y 2-N)
Vote recorded Subcommittee recommends reporting (6-Y 2-N). Result: pass.Lower
Jan 20Assigned Finance sub: Subcommittee #2Minor
Jan 18Impact statement from TAX (HB1997)
Jan 7Referred to Committee on FinanceMinor
Jan 7Prefiled and ordered printed; Offered 01-13-2025 25101843DIntroduced