Creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions

Where it is now

1. ✓
   Done: IntroducedFebruary 12, 2026
2. ✓
   Done: SubcommitteeFebruary 18, 2026
3. ✓
   Done: Senate committeeFebruary 12, 2026
4. ✓
   Done: Passes the SenateApril 27, 202646–0
5. ✓
   Done: House committeeMay 1, 2026
6. ✓
   Done: Passes the HouseMay 2, 202685–0
7. ✓
   Done: To the GovernorMay 11, 2026
8. ✓
   Done: Signed into lawMay 15, 2026

Signed into law What’s a funnel?

In plain words

1. April 15, 2026Filed in the Senate
2. April 15, 2026Approved by the Senate committee
3. April 20, 2026Cost estimate (fiscal note) posted
4. April 27, 2026Passed the Senate, 46–0
5. April 28, 2026Arrived in the House
6. April 29, 2026House subcommittee named: Behn, Kurth and Siegrist
7. April 30, 2026Subcommittee recommended passing it
8. May 1, 2026Approved by the House committee
9. May 1, 2026Committee vote: 24–0
10. May 2, 2026Passed the House, 85–0
11. May 11, 2026Sent to the Governor
12. May 14, 2026Cost estimate (fiscal note) posted
13. May 15, 2026Signed into law