SB696Introduced in the Senate
Income tax, corporate; reduction of rate.
Introduced by Emily Brewer, District 17
What does this bill do?
Plain-English breakdown
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Official description
Corporate income tax rate; reduction. Reduces the corporate income tax rate by 1.25 percent each taxable year from the current six percent rate until the rate equals 2.25 percent for taxable year 2028 and thereafter.
Where it stands
Passed by indefinitely in Finance and Appropriations (9-Y 4-N)
January 28, 2026
How did lawmakers vote?
SenateStage: Passed by indefinitely in Finance and Appropriations (9-Y 4-N) · January 28, 2026
9
Yes
4
No
2
Absent or Not Voting
15 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
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.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Mark Obenshain | 2 | No |
| Todd Pillion | 6 | No |
| Creigh Deeds | 11 | Yes |
| Louise Lucas | 18 | Yes |
| Aaron Rouse | 22 | Yes |
| Mamie Locke | 23 | Yes |
| Richard Stuart | 25 | No |
| Ryan McDougle | 26 | No |
| Bryce Reeves | 28 | Absent |
| Jeremy McPike | 29 | Yes |
Bill history
Prefiled and ordered printed; Offered 01-14-2026 26103137D
Referred to Committee on Finance and Appropriations
Fiscal Impact statement From TAX (1/26/2026 10:52 am)
Passed by indefinitely in Finance and Appropriations (9-Y 4-N)
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