HB05088Introduced in the House
An Act Concerning The Asset Requirement For Mutual Funds To Be Qualified To Pay Exempt-interest Dividends.
IntroducedJoint Finance, Revenue and Bonding
Introduced by Devin Carney, District 23
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
To eliminate the requirement that at least fifty per cent of the assets of a mutual fund consist of state and municipal government obligations for the fund to be qualified to pay exempt dividends, for purposes of the personal income tax.
Where it stands
Referred to Joint Committee on Finance, Revenue and Bonding
February 9, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Referred to Joint Committee on Finance, Revenue and Bonding
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