SB 259 IN

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Became Law

Removes penalty provisions that apply if a pass through entity fails to include in a composite return nonresident partners, nonresident shareholders, or nonresident beneficiaries that do not have distributive share income of greater than $0. Makes conforming changes.

• Scott Baldwin Republican · author
• Travis Holdman Republican · author
• Craig Snow Republican · sponsor

1. Jan 8, 2026 Authored by Senator Baldwin · upper
2. Jan 8, 2026 First reading: referred to Committee on Tax and Fiscal Policy · upper
3. Jan 15, 2026 Senator Randolph added as coauthor · upper
4. Jan 20, 2026 Committee report: amend do pass, adopted · upper
5. Jan 22, 2026 Second reading: ordered engrossed · upper
6. Jan 26, 2026 House sponsor: Representative Snow · upper
7. Jan 26, 2026 Third reading: passed; Roll Call 83: yeas 44, nays 0 · upper
8. Jan 26, 2026 Senator Holdman added as second author · upper
9. Jan 27, 2026 Referred to the House · upper
10. Jan 28, 2026 First reading: referred to Committee on Ways and Means · lower
11. Feb 17, 2026 Committee report: do pass, adopted · lower
12. Feb 19, 2026 Second reading: ordered engrossed · lower
13. Feb 23, 2026 Third reading: passed; Roll Call 311: yeas 93, nays 0 · lower
14. Feb 24, 2026 Returned to the Senate without amendments · lower
15. Feb 24, 2026 Signed by the President Pro Tempore · upper
16. Feb 25, 2026 Signed by the Speaker · lower
17. Feb 26, 2026 Signed by the President of the Senate · upper
18. Mar 3, 2026 Public Law 48 · upper
19. Mar 3, 2026 Signed by the Governor · executive