Qualified Business Income Deduction Add-Back
| Type | Bill |
|---|---|
| Session | 2025 Extraordinary Session |
| Subjects |
Concerning the requirement for certain taxpayers to add back an amount equal to their federal deduction for qualified business income allowed under section 199A of the federal"Internal Revenue Code of 1986" for purposes of determining their state taxable income.
Bill Summary:
The act continues indefinitely the existing requirement, which otherwise would have ended for income tax years commencing on or after January 1, 2026, that an amount equal to the federal qualified business income deduction allowed under section 199A of the federal "Internal Revenue Code of 1986" be added back by certain taxpayers to their federal taxable income for the purpose of determining their state taxable income.
APPROVED by Governor August 28, 2025
EFFECTIVE August 28, 2025
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| L.005 | The motion failed on a vote of 2-5. | Vote summary |
| Refer House Bill 25B-1001 to the Committee of the Whole. | The motion passed on a vote of 5-2. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 25B-1001 to the Committee of the Whole. | The motion passed on a vote of 7-3. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 08/25/2025 | Third Reading | BILL |
23
AYE
12
NO
0
OTHER
|
Vote record |
| 08/24/2025 | Committee of the Whole | COW * (S.001) |
13
AYE
22
NO
0
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 08/23/2025 | Third Reading | BILL |
43
AYE
19
NO
2
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 08/28/2025 | Governor | Governor Signed |
| 08/26/2025 | Governor | Sent to the Governor |
| 08/26/2025 | Senate | Signed by the President of the Senate |
| 08/26/2025 | House | Signed by the Speaker of the House |
| 08/25/2025 | Senate | Senate Third Reading Passed - No Amendments |
| 08/24/2025 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 08/23/2025 | Senate | Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole |
| 08/23/2025 | Senate | Introduced In Senate - Assigned to Appropriations |
| 08/23/2025 | House | House Third Reading Passed - No Amendments |
| 08/22/2025 | House | House Second Reading Passed - No Amendments |
| 08/21/2025 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 08/21/2025 | House | Introduced In House - Assigned to Appropriations |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 08/28/2025 | 5 | Qualified Bus Income Deduction Add-Back |