Partnership composite returns.
Summary
Removes penalty provisions that apply if a pass through entity fails to include in a composite return nonresident partners, nonresident shareholders, or nonresident beneficiaries that do not have distributive share income of greater than $0. Makes conforming changes.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2026
Committee Review
Feb 2026
Senate Passage
Feb 2026
House Passage
Feb 2026
Signed into Law
Mar 2026
Introduced Jan 8, 2026
Signed Mar 3, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
Senate Bill (H)
→
Senate Bill (S)
·
4 edits
MODERATE
The bill has been officially engrossed and passed by both the Senate and House, moving from a draft version to its final legislative form. The primary changes involve updating the bill's title from SB 259 to ES 259, correcting the sponsor list to include Holdman, and updating all associated dates and digest numbers to reflect the final passage in February 2026.
TIMELINE
The bill's effective dates and procedural history were updated to reflect its final passage on February 17, 2026, replacing the earlier January draft dates.
TECHNICAL
The bill number was updated from SB 259 to ES 259 to indicate it is now an Engrossed Senate Bill in its final form.
The sponsor list was corrected to include 'Holdman' alongside 'Randolph Lonnie M' and added a note identifying Snow as the House sponsor.
Digest numbers and amendment references were updated from DI 120 to DI 140 to match the final legislative record.
Floor votes · Senate Jan 26, 2026 · House Feb 23, 2026
How they voted
44–0
Passed · 4 other
Total votes 48
Jan 26, 2026
D
Democratic9
77% Yea
R
Republican39
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
19
Key actions
8
Committee
2
Mar 3, 2026
Signed into law
Signed by the Governor
executive
Feb 26, 2026
Upper · Passed
Signed by the President of the Senate
upper
Feb 25, 2026
Lower · Passed
Signed by the Speaker
lower
Feb 24, 2026
Upper · Passed
Signed by the President Pro Tempore
upper
Feb 23, 2026
Lower · Passed
Third reading: passed; Roll Call 311: yeas 93, nays 0
lower
Feb 17, 2026
Lower · Passed
Committee report: do pass, adopted
lower
Jan 26, 2026
Upper · Passed
Third reading: passed; Roll Call 83: yeas 44, nays 0
upper
Jan 20, 2026
Upper · Passed
Committee report: amend do pass, adopted
upper
3 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Craig Snow
RRepublican
P
Scott Baldwin
RRepublican
P
Travis Holdman
RRepublican
Co
Lonnie Randolph
DDemocratic
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