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SB 1575 SCS Voted Do Pass S Economic and Workforce Development Co…

SCS/SB 1575 - Current law authorizes an income tax deduction for 100% of income reported as a capital gain for federal income tax purposes. The act also applies such capital gains tax provisions to the taxable income of a resident estate or trust. This act is substantially similar to HB 2945 (2026). JOSH NORBERG

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Legislative Timeline

4 actions
  1. Apr 29, 2026 upper
    SCS Voted Do Pass S Economic and Workforce Development Committee (6743S.04C)
  2. Mar 11, 2026 upper
    Hearing Conducted S Economic and Workforce Development Committee
  3. Feb 5, 2026 upper
    Second Read and Referred S Economic and Workforce Development Committee
  4. Jan 20, 2026 upper
    S First Read
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