SF2492Introduced in the Senate
A bill for an act creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions. (Formerly SF 2292, SSB 3105.) Effective date: 07/01/2026. Applicability date: 01/01/2026.
Introduced by Ways & Means
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
A bill for an act creating a state corporate income tax deduction for net controlled foreign corporation tested income, and including retroactive applicability provisions. (Formerly SF 2292, SSB 3105.) Effective date: 07/01/2026. Applicability date: 01/01/2026.
Where it stands
Signed by Governor. S.J. 1033.
May 15, 2026
How did lawmakers vote?
House votes
2 recorded votes · each counted separately
Senate votes
2 recorded votes · each counted separately
HouseStage: Shall the bill pass? · May 2, 2026
85
Yes
0
No
15
Absent or Not Voting
100 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| J.D. Scholten | 1 | Absent |
| Robert Henderson | 2 | Yes |
| Thomas Jeneary | 3 | Yes |
| Skyler Wheeler | 4 | Absent |
| Zachary Dieken | 5 | Absent |
| Megan Hess Jones | 6 | Yes |
| Wendy Larson | 7 | Yes |
| Ann Meyer | 8 | Yes |
| Henry Stone | 9 | Yes |
| John Wills | 10 | Yes |
Bill history
Introduced, placed on Ways and Means calendar. S.J. 804.
Committee report, approving bill. S.J. 807.
Fiscal note.
Passed Senate, yeas 46, nays 0. S.J. 889.
Immediate message. S.J. 890.
Message from Senate. H.J. 1011.
Read first time, referred to Ways and Means. H.J. 1013.
Subcommittee: Behn, Kurth and Siegrist. H.J. 1043.
Subcommittee Meeting: 04/30/2026 8:30AM RM 102.
Subcommittee recommends passage.
Committee report, recommending passage. H.J. 1085.
Committee vote: Yeas, 24. Nays, 0. Excused, 1. H.J. 1085.
Placed on Ways and Means calendar. H.J. 1085.
Passed House, yeas 85, nays 0. H.J. 1113.
Explanations of votes. H.J. 1159.
Immediate message. H.J. 1118.
Message from House. S.J. 979.
Reported correctly enrolled, signed by President and Speaker, and sent to Governor. S.J. 1028.
Fiscal note.
Signed by Governor. S.J. 1033.
Verify the information
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.