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)

Failed on 3/23/26

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From the Legislature

An Act to amend 71.05 (6) (a) 15., 71.21 (4) (a), 71.26 (2) (a) 4., 71.34 (1k) (g) and 71.45 (2) (a) 10.; to create 71.05 (6) (b) 57., 71.07 (12), 71.10 (4) (em), 71.26 (2) (a) 13., 71.28 (12), 71.30 (3) (am), 71.45 (2) (a) 25., 71.47 (12), 71.49 (1) (am), 73.03 (78) and 73.03 (79) of the statutes; 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)

Sponsors

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Democratic CaucusRepublican Caucus

Roll Call Votes

Assembly: Read a third time and passed

96 Yea

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0 Nay

3 Not Voting

RRD

Calendar

Apr 15, 2025

10:00 AM

Assembly Ways and Means Public Hearing

May 14, 2025

10:00 AM

Assembly Ways and Means Executive Session

Jan 8

10:00 AM

Senate Agriculture and Revenue Public Hearing