SB00041Introduced in the Senate
An Act Establishing A Personal Income Tax Deduction For Certain Taxpayers For Certain Capital Gains On The Sale Of A Primary Home.
IntroducedJoint Finance, Revenue and Bonding
Introduced by Heather Bond Somers, District 18
What does this bill do?
Plain-English breakdown
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Official description
To establish a personal income tax deduction, for taxpayers sixty-five years of age or older, for the amount of any capital gain on the sale of a primary home that is includable in gross income for federal income tax purposes.
Where it stands
Referred to Joint Committee on Finance, Revenue and Bonding
February 4, 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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