Provides that taxable income subject to reporting as distribution on Internal Revenue Service Form 1099-R may be subject to withholding at the taxpayer's election. Requires the Department of Taxation to adopt rules and prescribe forms. Applicable to taxable years beginning after 12/31/2026. (CD1)
- Chamber
- Senate
- Introduced
- Jan 23, 2026
- Last action
- Jan 23, 2026 — Introduced.
- Session
- 2026
- Momentum
- 90 · Very high