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Senate committee introduces three LCs: estate tax study, technical fixes, and tax-reform trigger

Senate Interim Committee on Finance and Revenue · January 13, 2026
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Summary

The Senate Finance and Revenue Committee introduced LC153 (LRO estate-tax study), LC254 (technical fixes/policy adjustments) and LC302 (tax reform trigger tied to retail-sales tax) by voice motion; no objection was raised and the LCs were introduced as committee bills.

During the work session portion of the meeting, Senator MacLean moved to introduce three legislative concepts as committee bills: LC153 (related to the estate tax, an LRO placeholder study), LC254 (technical fixes and limited policy adjustments including terminology updates and sunset alignment, OPEF film-fund use, and property-tax certification changes) and LC302 (a tax-reform trigger bill tied to adoption of a retail-sales tax that would reduce other taxes upon implementation).

The chair put the motion to the committee and asked for objections; none were voiced and the chair announced the committee bills had been introduced. No roll-call vote was recorded in the transcript; the introduction proceeded by unanimous consent.

What’s next: staff said they will prepare amendment packages and bill numbers and work with members on potential modifications ahead of next steps in the legislative calendar.