AB1209Introduced in the Assembly
Modifying the income and franchise tax rate structure for individuals and corporations, creating a school aid fund, supplemental school aid, school district revenue limits, and making an appropriation. (FE)
Introduced by Ryan Clancy, District 19
What does this bill do?
Plain-English breakdown
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Official description
An Act to renumber and amend 71.21 (6) (a), 71.27 (1) and 71.27 (2); to amend 20.255 (2) (b), 71.06 (1r) (d), 71.06 (2) (k) 4., 71.06 (2) (L) 4., 71.07 (7) (c), 71.23 (2), 71.35, 71.365 (4m) (a), 71.46 (1), 71.46 (2), 71.46 (3), 71.745 (2) (a), 115.882 and 121.92 (1); to create 16.5187, 20.255 (2) (ks), 25.17 (1) (om), 25.492, 71.06 (1r) (e), 71.06 (2) (k) 5., 71.06 (2) (L) 5., 71.27 (1) (b), 71.27 (2) (b), 73.03 (78), 119.44 (2) (e) and (f), 120.18 (1) (cm) and (cp), 121.07 (2) (am) and (an), 121.24, 121.90 (1) (h) and (i) and 121.90 (2) (am) 6. of the statutes; Relating to: modifying the income and franchise tax rate structure for individuals and corporations, creating a school aid fund, supplemental school aid, school district revenue limits, and making an appropriation. (FE)
Where it stands
Fiscal estimate received
April 16, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced
Read first time and referred to Committee on Ways and Means
Failed to pass pursuant to Senate Joint Resolution 1
Fiscal estimate received
Verify the information
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