Bills › 91st General Assembly
Relating to the administration of tax returns by the department of revenue, and including effective date and retroactive applicability provisions
Sponsored by Rep. David Jacoby (D)
Topics:State governmentTaxes
Where it is now
- Done: IntroducedFebruary 20, 2025
- Done: SubcommitteeFebruary 26, 2025
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary People filing tax returns can choose to round their numbers to the nearest whole dollar instead of using cents. If someone chooses this option, they must round every amount they enter on the form. When adding multiple numbers together, they must use the exact amounts with cents for the math before rounding the final total.1
Read the official explanation
This bill relates to the administration of tax returns by the department of revenue. The bill specifies that for any return, a taxpayer may round to the nearest whole dollar amount when entering an amount on the return, but in doing so the taxpayer must then round each amount entered on the return to the nearest whole dollar. If a taxpayer is required to calculate two or more figures together to enter an amount on the return, the taxpayer must include cents for each figure when calculating the figures together, but may round the calculated amount to the nearest whole dollar before entering that amount on the return. The bill applies retroactively to January 1, 2025, for tax years beginning on or after that date.
House subcommittee
Named February 26, 2025. Meeting: Wednesday, March 12 · 12:30 PM · House Lounge.
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