Requires businesses receiving more than 20 percent of gross receipts from public contracts to include a statement of the amount received with a tax return filed with the Department of Revenue.

Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Representative Evans
Last action: 2025-06-27
Official status: In House Committee
Effective date: Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2025-06-27 House
In committee upon adjournment.
2025-03-04 House
Public Hearing held.
2025-02-13 House
Public Hearing cancelled.
2025-01-17 House
Referred to Revenue.
2025-01-13 House
First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act tells a business that gets over 20 percent of its receipts from public contracts to list amount with tax return. (Flesch Readability Score: 61.4).
Requires businesses receiving more than 20 percent of gross receipts from public contracts to include a statement of the amount received with a tax return filed with the Department of Revenue.
Applies to tax years beginning on or after January 1, 2028.
Relating to: Relating to tax returns.
Current location: In House Committee