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
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 12, 2024
Last action May 28, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
May 28, 2024
Committee
05/28/2024 Committee recommended measure be held for further study
legislature
Feb 12, 2024
Introduced
02/12/2024 Introduced, referred to Senate Finance
upper
9 primary · 0 co-sponsors
Sponsors
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