Excluding the net capital gain from the sale of certain livestock from the computation of net income for purposes of the individual income tax, and including retroactive applicability provisions

Sponsored by the House Ways and Means Committee

Topics:Agriculture Taxes Income taxes Livestock & confinements

Same legislation: HSB 680, SF 2400

Write your legislators about itWhat changed before it passed

Official bill page Lobbyist declarations One-pager to print

Where it is now

Done: IntroducedFebruary 8, 2024
Done: SubcommitteeFebruary 8, 2024
Done: House committeeMarch 6, 2024
Done: Passes the HouseMarch 19, 202494–0
Done: Senate committeeApril 18, 2024
Done: Passes the SenateApril 19, 202446–0
Done: To the GovernorApril 29, 2024
Done: Signed into lawMay 15, 2024

Signed into law What’s a funnel?

Votes

Senate passage · April 19, 2024 ▶ Watch the debate46 yes · 0 no

26 needed to pass

House passage · March 19, 2024 ▶ Watch the debate94 yes · 0 no

51 needed to pass

Select a floor vote to see how each legislator voted. A bill needs a constitutional majority: yes votes from more than half of all members (51 in the House, 26 in the Senate), not just of those voting.