HB1997
Income tax, state; pass-through entities, sunset.
Summary
As Introduced. 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.-
Bill History
- 01/07/2025 - House: Prefiled and ordered printed; Offered 01-13-2025 25101843D
- 01/07/2025 - House: Referred to Committee on Finance
- 01/18/2025 - House: Impact statement from TAX (HB1997)
- 01/20/2025 - House: Assigned Finance sub: Subcommittee #2
- 01/20/2025 - House: Placed on Finance Agenda
- 01/21/2025 - House: Subcommittee recommends reporting (6-Y 2-N)
- 01/21/2025 - House: Placed on Finance Agenda
- 01/22/2025 - House: Reported from Finance (17-Y 5-N)
- 01/24/2025 - House: Read first time
- 01/27/2025 - House: Read second time and engrossed
- 01/28/2025 - House: Read third time and passed House (92-Y 6-N)
- 01/29/2025 - Senate: Constitutional reading dispensed (on 1st reading)
- 01/29/2025 - Senate: Referred to Committee on Finance and Appropriations
- 02/05/2025 - Senate: Passed by indefinitely in Finance and Appropriations (10-Y 3-N)
