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HB 3 Signed

TAX/CORP FRANCHISE: Repeals the corporation franchise tax and limits eligibility of certain credits to be claimed against corporation franchise tax (Item #3) (EN -$574,000,000 RV See Note)

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Legislative Timeline

21 actions
  1. Dec 4, 2024 lower
    Signed by the Governor. Becomes Act No. 6.
  2. Dec 4, 2024 lower
    Effective date: 01/01/2026.
  3. Nov 25, 2024 lower
    Sent to the Governor for executive approval.
  4. Nov 22, 2024 upper
    Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 39 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
  5. Nov 22, 2024 lower
    Received from the Senate with amendments.
  6. Nov 22, 2024 lower
    Rules suspended.
  7. Nov 22, 2024 lower
    Read by title, roll called, yeas 84, nays 16, Senate amendments concurred in.
  8. Nov 22, 2024 lower
    Enrolled and signed by the Speaker of the House.
  9. Nov 22, 2024 upper
    Signed by the President of the Senate.
  10. Nov 20, 2024 upper
    Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
  11. Nov 19, 2024 upper
    Reported favorably. Rules suspended. Read by title and referred to the Legislative Bureau.
  12. Nov 13, 2024 upper
    Received in the Senate; read by title Rules suspended. Read second time by title and referred to the Committee on Revenue and Fiscal Affairs.
  13. Nov 12, 2024 lower
    Read by title, returned to the calendar.
  14. Nov 12, 2024 lower
    Called from the calendar.
  15. Nov 12, 2024 lower
    Read third time by title, amended, roll called on final passage, yeas 83, nays 14. Finally passed, title adopted, ordered to the Senate.
  16. Nov 11, 2024 lower
    Scheduled for floor debate on 11/12/2024.
  17. Nov 8, 2024 lower
    Read by title, amended, ordered engrossed, passed to 3rd reading.
  18. Nov 7, 2024 lower
    Reported with amendments (17-1).
  19. Nov 6, 2024 lower
    Read by title, rules suspended, referred to the Committee on Ways and Means.
  20. Nov 1, 2024 lower
    Prefiled.
  21. Nov 1, 2024 lower
    Under the rules, provisionally referred to the Committee on Ways and Means.
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