Removes penalty provisions that apply if a pass through entity fails to include in a composite return nonresident partners, nonresident shareholders, or nonresident beneficiaries that do not have distributive share income of greater than $0. Makes conforming changes.
- Chamber
- Senate
- Introduced
- Jan 8, 2026
- Last action
- Mar 3, 2026 — Signed by the Governor
- Session
- 2026
- Momentum
- 89 · Very high