AN ACT RELATING TO TAXATION -- TAX ON GAINS FROM THE SALE OR EXCHANGE OF REAL PROPERTY
Summary
Creates new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.
Bill status
died
1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 9, 2025
Last action Jun 3, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Jun 3, 2025
Committee
06/03/2025 Committee recommended measure be held for further study
legislature
May 9, 2025
Introduced
05/09/2025 Introduced, referred to Senate Finance
upper
3 primary · 0 co-sponsors
Sponsors
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