Modifying the capital gains tax.

Effective date 7/27/2025*.

Chapter 409, 2025 Laws.

Governor signed.

Delivered to Governor.

Speaker signed.

President signed.

Passed final passage; yeas, 30; nays, 19; absent, 0; excused, 0.

Senate concurred in House amendments.

Rules Committee relieved of further consideration. Placed on second reading.

Third reading, passed; yeas, 59; nays, 37; absent, 0; excused, 2.

Rules suspended. Placed on Third Reading.

Committee amendment(s) adopted with no other amendments.

Referred to Rules 2 Review.

Executive action taken in the House Committee on Appropriations at 1:30 PM.

APP - Majority; do pass with amendment(s).

Minority; do not pass.

Minority; without recommendation.

Public hearing in the House Committee on Appropriations at 4:00 PM.

Referred to Appropriations.

Minority; do not pass.

FIN - Majority; do pass.

Executive action taken in the House Committee on Finance at 1:30 PM.

First reading, referred to Finance.

Rules suspended. Placed on Third Reading.

Third reading, passed; yeas, 30; nays, 19; absent, 0; excused, 0.

1st substitute bill substituted (WM 25).

Placed on second reading by Rules Committee.

Passed to Rules Committee for second reading.

Minority; do not pass.

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

Minority; without recommendation.

Executive action taken in the Senate Committee on Ways & Means at 4:00 PM.

Public hearing in the Senate Committee on Ways & Means at 4:00 PM.

First reading, referred to Ways & Means.