Adopting recommendations from the tax preference performance review process, eliminating obsolete tax preferences, clarifying legislative intent, and addressing changes in constitutional law.

Effective date 1/1/2026*.

Chapter 423, 2025 Laws PV.

Governor partially vetoed.

Delivered to Governor.

Speaker signed.

President signed.

Passed final passage; yeas, 26; nays, 22; absent, 0; excused, 0.

Senate concurred in House amendments.

Committee amendment(s) adopted as amended.

Third reading, passed; yeas, 53; nays, 45; absent, 0; excused, 0.

Rules suspended. Placed on Third Reading.

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

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

Executive action taken in the House Committee on Finance at 11:30 AM.

Minority; do not pass.

Referred to Rules 2 Review.

First reading, referred to Finance.

Public hearing in the House Committee on Finance at 9:00 AM.

Rules suspended. Placed on Third Reading.

Floor amendment(s) adopted.

1st substitute bill substituted (WM 25).

Passed to Rules Committee for second reading.

Placed on second reading by Rules Committee.

Third reading, passed; yeas, 26; nays, 22; absent, 0; excused, 1.

Executive action taken in the Senate Committee on Ways & Means at 9:00 AM.

Minority; do not pass.

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

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

First reading, referred to Ways & Means.