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.
AB494 • 2025
increasing the carryover period of the research income tax credit
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 pass pursuant to Senate Joint Resolution 1
Laid on the table
Report passage recommended by Committee on Ways and Means , Ayes 10, Noes 0
Referred to committee on Rules
Placed on calendar 1-20-2026 by Committee on Rules
Executive action taken
Senator Ratcliff added as a cosponsor
Public hearing held
Fiscal estimate received
Representative Ortiz-Velez added as a coauthor
Introduced by Representatives Callahan , Armstrong , Born , Knodl , Melotik , Swearingen , Wittke , Zimmerman , Dittrich , B. Jacobson , Kreibich , Murphy , Mursau , Penterman , Piwowarczyk , Steffen , Subeck and Kitchens ; cosponsored by Senators Feyen , Habush Sinykin , Felzkowski and Wanggaard
Read first time and referred to Committee on Ways and Means
increasing the carryover period of the research income tax credit Status: A - Tabled