IN SB0213 | 2026 | Regular Session
Status
Sponsorship: Bipartisan Bill
Status: Engrossed on January 27 2026 - 50% progression, died in committee
Action: 2026-01-28 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on January 27 2026 - 50% progression, died in committee
Action: 2026-01-28 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Income tax deduction for theft loss. Provides an income tax deduction for theft losses that result from certain financial transactions induced by third parties and that cause the individual to incur federal gross income as a result of the theft. Requires the department of state revenue to first certify the theft loss deduction before a taxpayer may claim the deduction in a taxable year.
Title
Income tax deduction for theft loss.
Sponsors
| Sen. Travis Holdman [R] | Sen. Fady Qaddoura [D] | Sen. Lonnie Randolph [D] | Rep. Jeffrey Thompson [R] |
| Rep. Craig Snow [R] |
Roll Calls
2026-01-26 - Senate - Senate - Third reading (Y: 43 N: 1 NV: 0 Abs: 5) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2026-01-28 | House | First reading: referred to Committee on Ways and Means |
| 2026-01-27 | Senate | Referred to the House |
| 2026-01-26 | Senate | Cosponsor: Representative Snow |
| 2026-01-26 | Senate | House sponsor: Representative Thompson |
| 2026-01-26 | Senate | Third reading: passed; Roll Call 77: yeas 43, nays 1 |
| 2026-01-22 | Senate | Second reading: amended, ordered engrossed |
| 2026-01-22 | Senate | Amendment #1 (Holdman) prevailed; voice vote |
| 2026-01-20 | Senate | Committee report: amend do pass, adopted |
| 2026-01-15 | Senate | Senator Randolph added as coauthor |
| 2026-01-12 | Senate | Senator Qaddoura added as second author |
| 2026-01-08 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
| 2026-01-08 | Senate | Authored by Senator Holdman |
