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Glossary of Legislative Terms

CS/SB 7048: Internal Revenue Code

GENERAL BILL by Appropriations ; Finance and Tax

Internal Revenue Code; Revising the definition of the term “Internal Revenue Code”; providing for retroactive application; requiring the Department of Revenue to adopt rules; authorizing the Department of Revenue to adopt emergency rules, etc.

Effective Date: Upon becoming a law
 Last Action: 3/6/2026 Senate - Laid on Table, refer to HB 7031
Bill Text: Web Page | PDF
Senate Committee References:
  1. Appropriations (AP)


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Bill History

Date Chamber Action
2/20/2026 Senate • Submitted for consideration by Finance and Tax
• On Committee agenda-- Finance and Tax, 02/25/26, 1:30 pm, 301 Senate Building
2/25/2026 Senate • Submitted as Committee Bill and Reported Favorably by Finance and Tax; YEAS 7 NAYS 0
• Filed
• Referred to Appropriations
• On Committee agenda-- Appropriations, 03/02/26, 12:00 pm, 110 Senate Building
2/26/2026 Senate • Introduced
3/2/2026 Senate • CS by- Appropriations; YEAS 17 NAYS 0
3/3/2026 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• CS by Appropriations read 1st time
3/4/2026 Senate • Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 03/06/26
3/6/2026 Senate • Read 2nd time
• Substituted HB 7031
• Laid on Table, refer to HB 7031