Internal Revenue Code; Revising the date of adoption of the Internal Revenue Code and other federal income tax statutes for purposes of the state corporate income tax; prohibiting retroactivity of certain Internal Revenue Code amendments; specifying that a limitation, a deduction, an expense, or an amortization may only affect the computation of certain taxable income beginning after a specified date; requiring taxpayers to add to and deduct from taxable income in a specified manner; revising adjustments taxpayers must make to adjusted federal income with respect to certain tax benefits, etc.
- Chamber
- Senate
- Introduced
- Feb 20, 2026
- Last action
- Feb 20, 2026 — On Committee agenda-- Finance and Tax, 02/25/26, 1:30 pm, 301 Senate Building
- Session
- 2026
- Momentum
- 15 · Stalled