summary
Introduced
02/02/2026
02/02/2026
In Committee
02/13/2026
02/13/2026
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
2026 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: Says that people who get public contracts must obey tax laws and must show proof of compliance with tax laws. (Flesch Readability Score: 76.8). Requires public contractors to demonstrate and maintain tax compliance, through a certification process, as a condition of the execution of a public contract. Becomes operative January 1, 2027. Directs the Secretary of State to study methods for collecting information through business registry function to ensure tax compliance by persons doing business in this state. Takes effect on the 91st day following adjournment sine die.
AI Summary
This bill requires individuals and businesses that enter into public contracts, meaning agreements with government agencies to provide goods or services, to prove they are complying with tax laws. For contracts over $250,000, providers and their owners with at least a 20% stake must obtain a certificate from the Department of Revenue confirming their tax compliance, in addition to certifying it themselves. This requirement will become effective on January 1, 2027. The bill also mandates that the Secretary of State study how to improve the business registry to better ensure tax compliance by businesses operating in the state, with reports due by the end of 2026 and the 2027 legislative session. The provisions related to the Secretary of State's study will be repealed on January 2, 2028, while the tax compliance requirements for public contracts will take effect on the 91st day after the legislative session concludes.
Committee Categories
Budget and Finance, Transportation and Infrastructure
Sponsors (0)
No sponsors listed
Last Action
Work Session held. (on 03/02/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
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