NAIOPWA Legislative Session Report - Week 4

Krystelle Purkey and Riley Benge, State Lobbyists

The first major cutoff of the 2026 legislative session has come and gone. The House of Origin policy cutoff occurred on Wednesday, February 4, marking a key milestone in determining which bills will continue to advance this session.

Several bills of concern did not move out of their respective policy committees and are now considered “dead” for the year, including HB 2141, HB 2209, and SB 5848. Development related bills that are still alive and under active discussion include the Environmental Justice Act (HB 1303) and Commercial Corridors bill (SB 6026).

Finally, the bill of the year, the so-called Millionaires Tax, was officially introduced this week. SB 6346 would impose a 9.9% income tax on individuals earning over $1 million and has 25 Democratic sponsors, led by Senate Majority Leader Jamie Pedersen. SB 6346 had a public hearing today in Senate Ways & Means. HB 2724, the companion bill, has 37 Democratic sponsors and is led by House Majority Leader Joe Fitzgibbon.