SB 404-FN (2026): relative to economic revitalization zone tax credits.
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@misc{bill-2026-sb404, title = {SB 404-FN (2026): relative to economic revitalization zone tax credits.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2026/sb404}, note = {Accessed 19 Oct. 2026} }
SB 404-FN (2026)
relative to economic revitalization zone tax credits.
- Status: Died on the table
- Term: 2025-2026
- Senate committee: Ways and Means
- Subject: Taxes - State
The Story
It was introduced on January 7, 2026 and referred to the Senate Ways and Means committee. The committee held a public hearing on January 21, 2026. The committee voted unanimously, 5–0, to recommend that the Senate pass it, and the report was placed on the consent calendar. On February 19, 2026 the Senate voted to pass it on a voice vote, then referred it on to the Senate Finance committee. The committee voted unanimously, 7–0, to recommend that the Senate pass it. On March 12, 2026 the Senate adopted the motion that it ought to pass on a voice vote, but its third reading was left pending. On March 12, 2026 the Senate voted to lay it on the table on a voice vote, on a motion by Sen. James Gray.
Sponsors
- Sen. James Gray (R - SD6) (prime sponsor)
Hearings and Sessions
- January 21, 2026, 9:05 AM: hearing, Senate Ways and Means, SH 122-123
- February 19, 2026: consent calendar, Senate
- March 12, 2026: floor debate, Senate
Votes
- February 19, 2026, Senate: Ought to Pass — voice vote, passed
- March 12, 2026, Senate: Ought to Pass — voice vote, passed
- March 12, 2026, Senate: Laid on Table — voice vote, passed
The Docket
- January 7, 2026: Introduced 01/07/2026 and Referred to Ways and Means
- January 21, 2026: Hearing: 01/21/2026, Room 122-123, SH, 09:05 am
- February 19, 2026: Committee Report: Ought to Pass, 02/19/2026; Vote 5-0; CC
- February 19, 2026: Ought to Pass: MA, VV; Refer to Finance Rule 4-5; 02/19/2026
- March 12, 2026: Committee Report: Ought to Pass, 03/12/2026, Vote 7-0
- March 12, 2026: Ought to Pass: MA, VV; 03/12/2026
- March 12, 2026: Sen. Gray Moved Laid on Table, MA, VV; 03/12/2026
- March 12, 2026: Pending Motion OT3rdg; 03/12/2026