- Title
- Budget Reconciliation and Financing Act of 2025
- Sponsored by
- The President (By Request - Administration)
- Status
- In the Senate - First Reading Budget and Taxation
- Analysis
Synopsis
Establishing or altering certain administrative penalties; altering or repealing certain required appropriations; authorizing the use of certain funds for certain purposes; establishing certain funds; authorizing, requiring, or altering the distribution of certain revenue; altering the rates and rate brackets under the State income tax on certain income of individuals; requiring certain groups of corporations to file a combined income tax return reflecting the aggregate income tax liability of all members of the group; etc.
Committees
- Original:
- Budget and Taxation
Details
Cross-filed with: HB0352
Bill File Type: Regular
Effective Date(s): June 1, 2025, July 1, 2025, July 1, 2026, July 1, 2027
Bill imposes a mandated appropriation in the annual State Budget Bill
Bill imposes a local government mandate, which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
By Request of the Governor
History
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2011, 2013, 2014, 2015, 2017, 2018, 2019, 2020, 2023, 2024 )
Last Updated: 1/16/2025 12:07 AM