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SB5314Introduced in the Senate

Modifying the capital gains tax.

Passed

Introduced by Derek Stanford, District 1

What does this bill do?

Plain-English breakdown

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Official description

Modifying the capital gains tax.

Where it stands

Effective date 7/27/2025*.

May 20, 2025

How did lawmakers vote?

House votes

3 recorded votes · each counted separately

Senate votes

3 recorded votes · each counted separately

SenateStage: Senate Final Passage as Amended by the House · April 18, 2025

30

Yes

19

No

0

Absent or Not Voting

49 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. First reading, referred to Ways & Means.

  2. Public hearing in the Senate Committee on Ways & Means at 4:00 PM.

  3. Executive action taken in the Senate Committee on Ways & Means at 4:00 PM.

  4. WM - Majority; 1st substitute bill be substituted, do pass.

  5. Minority; do not pass.

  6. Minority; without recommendation.

  7. Passed to Rules Committee for second reading.

  8. Placed on second reading by Rules Committee.

  9. 1st substitute bill substituted

  10. Rules suspended. Placed on Third Reading.

  11. Third reading, passed; yeas, 30; nays, 19; absent, 0; excused, 0.

  12. First reading, referred to Finance.

  13. Executive action taken in the House Committee on Finance at 1:30 PM.

  14. FIN - Majority; do pass.

  15. Minority; do not pass.

  16. Referred to Appropriations.

  17. Public hearing in the House Committee on Appropriations at 4:00 PM.

  18. Executive action taken in the House Committee on Appropriations at 1:30 PM.

  19. APP - Majority; do pass with amendment

  20. Minority; do not pass.

  21. Minority; without recommendation.

  22. Referred to Rules 2 Review.

  23. Rules Committee relieved of further consideration. Placed on second reading.

  24. Committee amendment

  25. Rules suspended. Placed on Third Reading.

  26. Third reading, passed; yeas, 59; nays, 37; absent, 0; excused, 2.

  27. Senate concurred in House amendments.

  28. Passed final passage; yeas, 30; nays, 19; absent, 0; excused, 0.

  29. President signed.

  30. Speaker signed.

  31. Delivered to Governor.

  32. Governor signed.

  33. Chapter 409, 2025 Laws.

  34. Effective date 7/27/2025*.

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