2026 Regular Session
SB48
Income tax; limiting certain capital gains deduction to certain tax years. Effective date.
Legislative progress
i
This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Recorded floor votes
3 roll calls are available for this bill. This record includes procedural and intermediate action as well as substantive final votes.
February 10, 2025 · Senate
Senate: Finance Committee: DO PASS
Passed
6 yea–4 nay
March 25, 2025 · Senate
Senate: THIRD READING
Failed ⭐ Substantive final action
21 yea–25 nay · 1 absent
March 27, 2025 · Senate
Senate: RECONSIDER
Passed
30 yea–12 nay · 5 absent
Committee referrals
February 4, 2025 · Senate
Revenue and Taxation
Instrument history
i
This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
-
Senate Remains on Third Reading
-
Senate Placed on Third Reading
-
Senate Motion to reconsider vote adopted: Ayes: 30 Nays: 12 View roll call
-
Senate Notice served to reconsider vote on measure Rader View roll call
-
Senate Measure failed: Ayes: 21 Nays: 25 View roll call
-
Senate Title stricken
-
Senate General Order, Amended
-
Senate Coauthored by Representative Caldwell (Chad) (principal House author)
-
Senate Placed on General Order
-
Senate Reported Do Pass Revenue and Taxation committee; CR filed View roll call
-
Senate Second Reading referred to Revenue and Taxation
-
Senate Authored by Senator Rader
-
Senate First Reading