Prohibit the supreme court from taxing interest on lawyer trust accounts
Bill LC 2648 prohibited the Supreme Court from taxing interest earned on lawyer trust accounts, which hold client funds during legal cases. It directly affected lawyers and their clients by preventing potential tax liabilities on interest accrued in these accounts. The key provision explicitly barred the Supreme Court from imposing such a tax. However, the bill died in committee in May 2025 and was never enacted.
Bill status
died
1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 10, 2024
Last action May 27, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
0
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about LC 2648
Scope: MT
Hi! I can help you understand LC 2648. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline