Plain English Breakdown
The plain English breakdown is still being put together. The official documents below are already here.
Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.
AB17 • 2025
creating an employee ownership conversion costs tax credit, a deduction for capital gains from the transfer of a business to employee ownership, and an employee ownership education and outreach program
The latest official action shows that this bill did not move forward in that session.
The plain English breakdown is still being put together. The official documents below are already here.
Failed to concur in pursuant to Senate Joint Resolution 1
Public hearing held
Fiscal estimate received
Read first time and referred to committee on Agriculture and Revenue
Representatives O'Connor and Stubbs added as coauthors
Read a second time
Assembly Amendment 1 to Assembly Substitute Amendment 1 adopted
Assembly Substitute Amendment 1 adopted
Ordered to a third reading
Rules suspended
Read a third time and passed, Ayes 96, Noes 0
Ordered immediately messaged
Received from Assembly
Withdrawn from Committee on Rules and referred to calendar of 6-24-2025
Representative Bare added as a coauthor
Report Assembly Substitute Amendment 1 adoption recommended by Committee on Ways and Means , Ayes 10, Noes 0
Report passage as amended recommended by Committee on Ways and Means , Ayes 10, Noes 0
Referred to committee on Rules
Assembly Amendment 1 to Assembly Substitute Amendment 1 offered by Representative Sortwell
Executive action taken
Assembly Substitute Amendment 1 offered by Representative Sortwell
Representative Joers added as a coauthor
Public hearing held
Representative Roe added as a coauthor
Representative Fitzgerald added as a coauthor
Representative Tenorio added as a coauthor
Representative J. Jacobson added as a coauthor
Fiscal estimate received
Introduced by Representatives Sortwell , Franklin , Kaufert , Madison , Anderson , Clancy , Cruz , DeSmidt , Goeben , Goodwin , Gundrum , Hong , Hysell , Kreibich , Maxey , Miresse , Novak , Piwowarczyk , Prado , Tusler , Udell , Wichgers and Stroud ; cosponsored by Senators James , Larson and Tomczyk
Read first time and referred to Committee on Ways and Means
creating an employee ownership conversion costs tax credit, a deduction for capital gains from the transfer of a business to employee ownership, and an employee ownership education and outreach program Status: S - Agriculture and Revenue