ESB 5797
| Momentum Bucket | Early Stage |
| Legal Title | AN ACT Relating to enacting a wealth tax on stocks, bonds, and other financial intangible assets for the benefit of public schools; |
| Bill Description | Enacting a tax on stocks, bonds, and other financial intangible assets for the benefit of public schools. |
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What this bill does
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| Official Documents | View Full Bill Text |
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ESB 5797 Details and Bill Topics
Details
| Date Introduced | 03/21/2025 |
| Originating Chamber | Senate |
| Biennium | 2025-26 |
| Total Campaign Dollars Backing Bill | $9,117,198.00 |
Bill Topics
| TAXES, GENERALLY |
ESB 5797 Sponsors and Committee Hearings
Sponsors
Committee Hearings
| Hearing | Senate Ways & Means (Public) |
| Hearing | Senate Ways & Means (Executive) |
ESB 5797 Bill Timeline
Early Stage
1/11/2026
SWays & Means
Rules Committee relieved of further consideration. On motion, referred to Ways & Means.
1/11/2026
SWays & Means
By resolution, reintroduced and retained in present status.
4/26/2025
SWays & Means
By resolution, returned to Senate Rules Committee for third reading.
4/26/2025
SWays & Means
First reading, referred to Finance.
4/26/2025
SWays & Means
Third reading, passed; yeas, 26; nays, 21; absent, 0; excused, 1.
4/26/2025
SWays & Means
Rules suspended. Placed on Third Reading.
4/26/2025
SWays & Means
Floor amendment(s) adopted.
4/26/2025
SWays & Means
1st substitute bill not substituted.
4/18/2025
SWays & Means
Placed on second reading by Rules Committee.
4/18/2025
SWays & Means
Passed to Rules Committee for second reading.
4/17/2025
SWays & Means
Minority; without recommendation.
4/17/2025
SWays & Means
Minority; do not pass.
4/17/2025
SWays & Means
WM - Majority; 1st substitute bill be substituted, do pass.
3/20/2025