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House Taxation Committee roundup: 10/12 — which bills advanced, which failed
Summary
Summary of outcomes from the House Taxation Committee meeting on Oct. 12, 2025: bills on vape taxes, child tax credit, coal-trust housing loans, property appraisal smoothing and more were acted on; several proposals were tabled after committee votes.
The House Taxation Committee met on Oct. 12 and took action on multiple bills affecting taxation, housing, tourism and public health. Key committee outcomes are summarized below.
Votes at a glance (committee action):
- HB 895 (Schubert) — Exclusion for portion of income from sale of newly constructed residences: FAILED in committee; recorded vote in executive action 0–21; motion to table carried.
- HB 903 (Schubert) — New manufacturing property tax class: FAILED 0–21; tabled.
- HB 900 (Nave) — Income tax credit for businesses that direct payment processing fees to charity: FAILED 0–21; tabled.
- HB 904 (Elverum) — Change to capital gains taxation removing preferential rate over thresholds: FAILED 9–12; tabled.
- HB 910 (Cafaro) — Taxation of vape products: PASSED as amended (20%…
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