AI Summary

The bill aims to amend the Internal Revenue Code to enhance conformity between federal and state income tax laws. It seeks to simplify tax compliance for individuals and businesses operating in multiple states by aligning certain provisions of the federal tax code with state laws. This alignment would reduce confusion and administrative burdens, promoting consistency and efficiency in tax reporting. The bill's provisions aim to create a more streamlined tax system that benefits taxpayers and improves overall compliance with both federal and state tax regulations.

• 2024-01-16: Introduced in House and read first time

• 2024-01-16: Assigned to House WM Committee

• 2024-01-16: Assigned to House RULES Committee

• 2024-01-17: House WM Committee action: Do Pass, voting: (10-0-0-0-0-0)

• 2024-01-17: House read second time

• 2024-01-22: House RULES Committee action: constitutional and in proper form, voting: (8-0-0-0-0-0)

• 2024-01-22: House consent calendar

• 2024-01-23: House majority caucus: Do pass

• 2024-01-23: House minority caucus: Do pass

• 2024-02-06: House third reading PASSED voting: (55-0-2-0)

• 2024-02-06: Transmit to Senate

• 2024-02-29: Introduced in Senate and read first time

• 2024-02-29: Senate miscellaneous motion: HB 2379 substituted for SB 1057. Motion carried.

• 2024-02-29: Senate third reading PASSED voting: (24-0-6-0)

• 2024-03-12: Transmit to House

• 2024-03-12: Transmitted to Governor

• 2024-03-18: Governor Signed

• 2024-03-18: Chapter 7