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SB 5797 - 2025-26

Enacting a tax on stocks, bonds, and other financial intangible assets for the benefit of public schools.

Bill status-at-a-glance

As of Sunday, November 9, 2025 09:17 AM

Current version:

Engrossed - ESB 5797

Current status:

SRules 3

Where is it in the process?

IntroducedIn committeeOn floorcalendarPassedchamberIn the Senate:In the House:
After passage:PassedLegislatureOn Governor'sdeskGovernoractedSession law

Bill status-at-a-glance

As of Sunday, November 9, 2025 09:17 AM

Current version:

Engrossed - ESB 5797

Current status:

SRules 3

Where is it in the process?

IntroducedIn committeeOn floorcalendarPassedchamber
Senate:
House:
PassedLegislatureOn Governor'sdeskGovernoractedSession law
AfterPassage:

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.
Apr 27
1st substitute bill not substituted. (View 1st substitute)
Floor amendment(s) adopted.
Rules suspended. Placed on Third Reading.
Third reading, passed; yeas, 26; nays, 21; absent, 0; excused, 1. (View 1st engrossed) (View this roll call)

In the House

Apr 27
First reading, referred to Finance.
By resolution, returned to Senate Rules Committee for third reading.

Available documents

For a complete list of documents, go to Detailed Legislative Reports Text of a legislative document.

Fiscal note

Amendments

Available videos