SCS/SB 1575 - Current law authorizes an income tax deduction for 100% of income reported as a capital gain for federal income tax purposes. The act also applies such capital gains tax provisions to the taxable income of a resident estate or trust.
This act is substantially similar to HB 2945 (2026). JOSH NORBERG
- Chamber
- Senate
- Introduced
- Jan 20, 2026
- Last action
- Jan 20, 2026 — S First Read
- Session
- 2026
- Momentum
- 40 · Moderate