RELATING TO TAX HAVEN ABUSE.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 4 Sponsors

Requires corporations to include the income of all foreign subsidiaries to the State. Applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax. Effective 1/1/2026.

Chamber: Senate
Introduced: Jan 14, 2025
Last action: Jan 14, 2025 — Pending Introduction.
Session: 2026
Momentum: 28 · Low

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 4%, measured from HI's completed sessions
Momentum -5 28/100 from the pace of recorded action
Time since last action -22 634 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.