Modifying business and occupation tax surcharges, rates, and the advanced computing surcharge cap, clarifying the business and occupation tax deduction for certain investments, and creating a temporary business and occupation tax surcharge on large companies.

Effective date 7/27/2025*.

Chapter 420, 2025 Laws.

Governor signed.

Delivered to Governor.

Third reading, passed; yeas, 26; nays, 22; absent, 0; excused, 0.

President signed.

Speaker signed.

Rules suspended. Placed on Third Reading.

WM - Majority; do pass.

Placed on second reading by Rules Committee.

Passed to Rules Committee for second reading.

Minority; do not pass.

Executive action taken in the Senate Committee on Ways & Means at 1:30 PM.

Public hearing in the Senate Committee on Ways & Means at 1:30 PM.

Rules suspended. Placed on Third Reading.

First reading, referred to Ways & Means.

Third reading, passed; yeas, 50; nays, 48; absent, 0; excused, 0.

Floor amendment(s) adopted.

Amendment ruled beyond the scope and object of the bill.

Held on calendar.

1st substitute bill substituted (FIN 25).

FIN - Majority; 1st substitute bill be substituted, do pass.

Placed on second reading.

Minority; do not pass.

Executive action taken in the House Committee on Finance at 9:00 AM.

Public hearing in the House Committee on Finance at 8:00 AM.

First reading, referred to Finance.