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S1974Introduced in the Senate

Aligning the long-term capital gains tax rate with the short-term capital gains tax rate

IntroducedHouse Steering, Policy and Scheduling

Introduced by James Eldridge, District MIDDLE

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

For legislation to align the long-term capital gains tax rate with the short-term capital gains tax rate. Revenue.

Where it stands

Committee recommended ought NOT to pass and referred to the committee on House Steering, Policy and Scheduling

July 15, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Referred to the Joint Committee on Revenue

  2. House concurred

  3. Hearing scheduled for 10/03/2025 from 10:00 AM-05:00 PM in Gardner Auditorium

  4. Hearing rescheduled to 10/03/2025 from 10:00 AM-12:35 PM in Gardner Auditorium Hearing updated to New End Time

  5. Reporting date extended to Thursday June 25, 2026

  6. Committee recommended ought NOT to pass and referred to the committee on House Steering, Policy and Scheduling

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