AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR CERTAIN TAXPAYERS FOR CERTAIN CAPITAL GAINS ON THE SALE OF A PRIMARY HOME.
Sponsored By: Heather S. Somers (Republican)
Introduced
Summary
To establish a personal income tax deduction, for taxpayers sixty-five years of age or older, for the amount of any capital gain on the sale of a primary home that is includable in gross income for federal income tax purposes.
Your PRIA Score
Personalized for You
How does this bill affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Heather S. Somers
Republican • Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to Joint Committee on Finance, Revenue and Bonding
2/4/2026legislature
Bill Text
Proposed Bill
2/4/2026
Related Bills
SB 00299 — AN ACT CONCERNING REDEMPTION OF OUT-OF-STATE BEVERAGE CONTAINERS.
SB 00298 — AN ACT CONCERNING THE REALLOCATION OF CERTAIN STATE FUNDS AND VARIOUS PROVISIONS RELATING TO EDUCATION, PUBLIC SAFETY, GENERAL GOVERNMENT, ELECTIONS, INTERMEDIATE CARE FACILITIES AND WAREHOUSE DISTRIBUTION CENTERS.
SB 00503 — AN ACT CONCERNING SENTENCING OF AND PAROLE ELIGIBILITY FOR INDIVIDUALS WHOSE OFFENSE WAS COMMITTED WHEN SUCH INDIVIDUAL WAS UNDER THE AGE OF TWENTY-SIX YEARS.
SB 00481 — AN ACT REQUIRING NURSING HOME OWNERSHIP TRANSPARENCY, FINANCIAL SAFEGUARDS PROTECTING NURSING HOME OPERATIONS AND PROPERTY AND PROHIBITING REQUIRED ARBITRATION AGREEMENTS.
SB 00476 — AN ACT CONCERNING VISITATION POLICIES OF THE DEPARTMENT OF CORRECTION AND THE TRANSFER OF FUNDS HELD IN TRUST BY THE DEPARTMENT OF CORRECTION TO PERSONS WHO WERE FORMERLY INCARCERATED.
SB 00462 — AN ACT ESTABLISHING THE OFFICE OF GOVERNMENT OVERSIGHT.