SSB 1187

Where it is now

1. ✓
   Done: IntroducedFebruary 20, 2019
2. ✓
   Done: SubcommitteeFebruary 20, 2019
3. ✕
   Stopped: Senate committeeDied when the General Assembly ended
4. Next: Passes the Senate
5. Next: House committee
6. Next: Passes the House
7. Next: To the Governor
8. 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, and includes applicability provisions. _____ calendar year. For tax years beginning on or after January 1, 2023, net capital gains are 100 percent excluded from the computation of net income for state individual income tax purposes. The bill takes effect upon enactment and applies retroactively to tax years beginning on or after January 1, 2019.

Full bill text¹

Senate subcommittee

Named April 3, 2019. It hasn’t reported yet.

• Sen. Randy Feenstra R
• Sen. Giddens
• Sen. Annette Sweeney REmail

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

Similar bills

• HF 465 Excluding from the computation of net income for state individual income tax purposes the …
  88th General Assembly · In committee
  Similar

Matched by wording or an identical title.