Daily Summary for Wednesday, May 6, 2026
May 6, 2026
The House concluded the special session by passing SB1, the Senate version of the tax relief measure, and the Governor has since signed both HB1001 and SB1 into law. The legislation lowers the top individual income tax rate to 3.7% beginning January 1, 2026, and reduces the top corporate income tax rate to 4.1% starting […]