Relating To Pass-through Entity Taxation.
Engrossed on 2/18/25
Summary
Amendment can translate this bill from legal jargon into easy-to-understand language. Sign up to try it for free.
- Takes 30 seconds
- Free
- No credit card required
From the Legislature
For taxable years beginning after 12/31/2024, requires all qualified members claiming a credit for pass-through entity taxation to adjust their income to include the qualified member's share of taxes paid by an electing pass-through entity. Effective July 1, 3000. (HD1)
Sponsors
D
1
0
Democratic CaucusRepublican Caucus
Roll Call Votes
Senate Ways and Means: Passed, With Amendments
13 Yea
DDDDDDDRDDDDD0 Nay
Calendar
Feb 12, 2025
10:00 AM
Senate Ways and Means Hearing
Mar 27, 2025
2:00 PM
House Finance Hearing