Corporate income tax rate; reduction. Reduces the corporate income tax rate by 1.25 percent each taxable year from the current six percent rate until the rate equals 2.25 percent for taxable year 2028 and thereafter.
- Chamber
- Senate
- Introduced
- Jan 14, 2026
- Last action
- Jan 28, 2026 — Passed by indefinitely in Finance and Appropriations (9-Y 4-N)
- Session
- 2026
- Momentum
- 28 · Low