Income tax, corporate; reduction of rate.
Summary
Corporate income tax rate; reduction. Reduces the corporate income tax rate by 1.25 percent each taxable year from the current six percent rate until the rate equals 2.25 percent for taxable year 2028 and thereafter.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2026
Last action Jan 28, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 14, 2026
Committee
Referred to Committee on Finance and Appropriations
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Emily Jordan
RRepublican
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