HB759Introduced in the House
Relating To Tax Haven Abuse.
Introduced by Amy Perruso, District 46
What does this bill do?
Plain-English breakdown
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Official description
Part I: Effective 1/1/2026, requires corporations to include in their income the income of all foreign subsidiaries to the State; applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax, which shall be deposited into the state general fund; and requires corporations to report all profits, losses, revenues, and inter-company transactions made and all taxes paid in other states. Part II: Establishes within DOTAX a Corporate Tax Law Task Force to annually review the State's corporate tax laws and recommend updates to close tax loopholes.
Where it stands
Carried over to 2026 Regular Session.
December 8, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Pending introduction.
Introduced and Pass First Reading.
Referred to ECD, CPC, FIN, referral sheet 2
Carried over to 2026 Regular Session.
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