Bills › 88th General Assembly
HF 465Died when the session ended · February 20, 2019
Excluding from the computation of net income for state individual income tax purposes the net capital gain from sales or exchanges of assets, and including retroactive applicability provisions
Topics:TaxesIncome taxes
Where it is now
- Done: IntroducedFebruary 20, 2019
- Done: SubcommitteeFebruary 20, 2019
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
This bill excludes from the computation of net income for state tax purposes the net capital gain from sales or exchanges of assets as defined in section 1222 of the Internal Revenue Code. The bill applies retroactively to tax years beginning on or after January 1, 2019.
House subcommittee
Named January 22, 2020. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
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