Exempt from income tax certain gains from sale of a business

Sponsors

Policy doesn’t happen in a vacuum. Meet the representatives and senators who introduced this bill and are pushing it through the chamber. Click on any sponsor to see their district, party affiliation, and what other legislation they’ve championed this session.

Primary Sponsors

Richard D. Brown

District	5
Party	Democrat
Chamber	House of Representatives

James M. Hoops

District	81
Party	Republican
Chamber	House of Representatives

Craig S. Riedel

District	82
Party	Republican
Chamber	House of Representatives

Co-Sponsors

Related Topics

To make your research more efficient, this bill has been assigned to one or more Topics. These custom labels group related legislation together, ensuring you can find all of the bills related to a specific topic, regardless of which committee they are in.

Education

Elections & Voting

Taxation & Finance

Criminal Justice

Transportation

Environment

Business & Commerce

Labor & Employment

Agriculture

Local Government

Tourism & Hospitality

Military & Veterans Affairs

Family & Childcare Services

Related Committees

Most legislative decisions are made in committee rooms, not on the chamber floor. Here, you can track which committees have been assigned to review, amend, or report on this bill. Stay informed on where the bill is currently being debated and which chairpersons hold the power to move it forward.

Ways and Means Type: Senate Bills: 227 Members: 7

Status Changes

Legislation moves through a rigorous series of checkpoints. Use this tracker to see exactly which phase the bill is in—whether it’s currently under committee review, up for a floor vote, or awaiting a signature to become law. For more information about bills, please see How a Bill Becomes Law.

House	Senate	Governor
Introduced Dec 16 2021 Referred to committee Jan 25 2022 Reported Mar 23 2022 Vote Result Favorable Passage Passed Mar 30 2022 Vote Result Passed Concurred in Senate amendments Jun 01 2022 Vote Result Passed	Introduced Apr 05 2022 Referred to committee Apr 06 2022 Reported - Substitute May 31 2022 Vote Result Favorable Passage Passed Jun 01 2022 Vote Result Passed	Sent To The Governor Jun 16 2022 Signed By The Governor Jun 24 2022 Effective Sep 23 2022

Documents

Access the primary source. This section hosts the full, unedited text of the legislation alongside every official document produced during its journey. From the initial draft to the final enrolled version, you can review the exact language being proposed for state law.