Relating to deducting excess business losses for purposes of the individual income tax, and including retroactive applicability provisions

Where it is now

1. ✓
   Done: IntroducedFebruary 20, 2025
2. ✓
   Done: SubcommitteeFebruary 20, 2025
3. ✕
   Stopped: House committeeDied when the General Assembly ended
4. Next: Passes the House
5. Next: Senate committeeFunnel: by March 20, 2026
6. Next: Passes the Senate
7. Next: To the Governor
8. 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?

In plain words

1. February 20, 2025Filed in the House and sent to the Ways and Means committee
2. February 20, 2025House subcommittee named: Young, Johnson, C. and Wilson
3. March 6, 2025Subcommittee recommended passing it