Status Summary

First reading, referred to Ways & Means on 1.14.19.
Public hearing in the Senate Committee on Ways & Means on 1.16.19

As of mid-March, the bill is dead. However, it could “come back" during the 2019 session as an amendment on another bill or other mechanisms, or next year (since bills technically stay alive for the full 2019-20 biennium).

(updated 1.9.20)

Legislative Session

2019

Status

In Progress

Sponsor

Rolfes

Imposes a nine percent tax on the sale or exchange of long-term capital assets beginning on January 1, 2020.

Increases the business and occupation tax rate on service-related activities from 1.5 percent to 2.5 percent beginning on July 1, 2019.

*Companion Bill: HB 1343*