S07643Introduced in the Senate
Provides that the aggregate amount of pass-through entity credits claimed by all partners, members or shareholders of an electing partnership or electing S corporation shall not exceed eighty-seven percent of the tax due.
Introduced by Andrew Gounardes, District 26
What does this bill do?
Plain-English breakdown
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Official description
Provides that the aggregate amount of pass-through entity credits claimed by all partners, members or shareholders of an electing partnership or electing S corporation shall not exceed eighty-seven percent of the tax due.
Where it stands
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
January 7, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
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