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Finance and Taxation committee adopts amendments and forwards bills including SB2201 and HB1379
Summary
The House Finance and Taxation Committee adopted an amendment to Senate Bill 2201 and voted to pass amended language and later passed House Bill 1379 as amended; roll‑call votes were recorded for both measures in committee.
The House Finance and Taxation Committee adopted amendments and advanced two bills during the latter portion of its session.
On Senate Bill 2201, committee members considered and adopted amendment 6001, described by the sponsor as narrowing a retroactive provision to primary residences owned through a trust. The committee conducted a roll‑call vote on the amendment that the clerk summarized as 13‑1 in favor; the committee then passed SB 2201 as amended and referred it to the Appropriations Committee. During discussion a committee member noted the bill’s fiscal note includes spending of about $1.9 million.
Later the committee reconsidered House Bill 1379. Representative Tillman introduced an amendment (001) that would modify language about capital gains and losses—specifically adding language to treat net capital losses consistently with gains in the taxable calculation for bullion and coin lines cited in the amendment text. The committee adopted the amendment by voice and then voted to pass House Bill 1379 as amended; the roll call on final passage was reported as 12‑2. Representative Tillman agreed to carry the bill.
The transcript records the roll calls and the clerk reading member responses; the committee then concluded its scheduled work and adjourned. Detailed vote tallies were announced on the record for each roll call (amendment 6001: 13‑1; HB 1379 as amended: 12‑2).
