Relating to: creating an employee ownership conversion costs tax credit, a deduction for capital gains from the transfer of a business to employee ownership, and an employee ownership education and outreach program. (FE)
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More on this bill
Where it stands
Introduced
Passed Assembly
3Passed Senate
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Mar 23Failed to concur in pursuant to Senate Joint Resolution 1Latest
Jan 8Public hearing held
2025
Aug 28Fiscal estimate receivedMinor
Jun 27Read first time and referred to committee on Agriculture and RevenueMinor
Jun 24Received from AssemblyMinor
Vote recorded PASSAGE. Result: pass.Lower
Jun 24Ordered immediately messaged
Jun 24Read a third time and passed, Ayes 96, Noes 0Passed Assembly
Jun 24Rules suspended
Jun 24Ordered to a third readingMinor
Jun 24Assembly Substitute Amendment 1 adoptedMajor
Jun 24Assembly Amendment 1 to Assembly Substitute Amendment 1 adoptedMajor
Jun 24Read a second timeMinor
Jun 24Representatives O'Connor and Stubbs added as coauthors
Jun 20Withdrawn from Committee on Rules and referred to calendar of 6-24-2025Minor
Jun 10Representative Bare added as a coauthor
May 29Referred to committee on RulesMinor
Vote recorded Report passage as amended recommended by Committee on Ways and Means, Ayes 10, Noes 0. Result: pass.Lower
Vote recorded Report Assembly Substitute Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 10, Noes 0. Result: pass.Lower
May 29Report passage as amended recommended by Committee on Ways and Means, Ayes 10, Noes 0Minor
May 29Report Assembly Substitute Amendment 1 adoption recommended by Committee on Ways and Means, Ayes 10, Noes 0Minor
May 15Assembly Amendment 1 to Assembly Substitute Amendment 1 offered by Representative SortwellMinor
May 14Executive action taken
May 12Assembly Substitute Amendment 1 offered by Representative SortwellMinor
Apr 23Representative Joers added as a coauthor
Apr 15Public hearing held
Apr 14Representative Roe added as a coauthor
Apr 11Representative Fitzgerald added as a coauthor
Apr 1Representative Tenorio added as a coauthor
Feb 21Representative J. Jacobson added as a coauthor
Feb 19Fiscal estimate receivedMinor
Feb 6Read first time and referred to Committee on Ways and MeansMinor
Feb 6Introduced by Representatives Sortwell, Franklin, Kaufert, Madison, Anderson, Clancy, Cruz, DeSmidt, Goeben, Goodwin, Gundrum, Hong, Hysell, Kreibich, Maxey, Miresse, Novak, Piwowarczyk, Prado, Tusler, Udell, Wichgers and Stroud; cosponsored by Senators James, Larson and TomczykIntroduced