Bills › 91st General Assembly
Relating to state banks’ purchase of certain federal tax credits
Topics:Business & economyTaxesTax credits & incentives
Same legislation: SSB 1215
Where it is now
- Done: IntroducedMarch 6, 2025
- Done: SubcommitteeMarch 6, 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 State banks would be allowed to buy as many federal tax credits as they want for their own accounts. These credits are specifically related to certain federal energy programs.1
Read the official explanation
This bill relates to state banks’ purchase of federal tax credits. Under the bill, a state bank may invest without limitation for its own account in federal tax credits authorized pursuant to U.S.C. §45 and U.S.C. §48.
House subcommittee
Named March 6, 2025. On March 19, 2025 it recommended passage.
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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91st General Assembly