S2549Introduced in the Senate
Creates new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.
Introduced by Dawn Euer, District 13
What does this bill do?
Plain-English breakdown
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Official description
TAXATION -- TAX ON GAINS FROM THE SALE OR EXCHANGE OF REAL PROPERTY - Creates new tax on gains from sale or exchange of real property held for short periods of time, 6 years or less, establishes a comprehensive framework to calculate and implement enforcement and provides imprisonment and/or fines for those who evade taxes.
Where it stands
Committee heard
May 12, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced, referred to Senate Finance
Scheduled for hearing and/or consideration (05/12/2026)
Committee heard
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