Bill Information > SB 5797
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SB 5797 - 2025-26
Revised for 1st Substitute: Enacting a wealth tax on stocks, bonds, and other financial intangible assets for the benefit of public schools.
Original: Enacting a tax on stocks, bonds, and other financial intangible assets for the benefit of public schools.
Original: Enacting a tax on stocks, bonds, and other financial intangible assets for the benefit of public schools.
Bill History
2025 REGULAR SESSION
IN THE SENATE
Mar 21
First reading, referred to Ways & Means.
(View Original Bill)
Mar 31
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.
(Committee Materials)
Apr 18
Executive action taken in the Senate Committee on Ways & Means at 9:00 AM.
(Committee Materials)
WM - Majority; 1st substitute bill be substituted, do pass.
(View 1st Substitute)
(Majority Report)
Minority; do not pass.
(Minority Report)
Minority; without recommendation.
(Minority Report)
Apr 19
Passed to Rules Committee for second reading.
Placed on second reading by Rules Committee.
Available Documents
For a complete list of documents, go to Online Reports Text of a Legislative Document.

Fiscal Note
Amendments

Available Videos
