For taxable years beginning after 12/31/2024, requires all qualified members claiming a credit for pass-through entity taxation to adjust their income to include the qualified member's share of taxes paid by an electing pass-through entity. Effective July 1, 3000. (HD1)

Statutes affected:
SB1465: 235-51.5
SB1465 SD1: 235-51.5
SB1465 HD1: 235-51.5
Latest: 235-51.5