The House Finance Subcommittee recorded several formal actions on Jan. 24, 2025. This roundup lists bills the subcommittee reported, tabled or otherwise disposed of during the hearing, with the action recorded on the committee floor.
- House Bill 1979 (wage garnishment cap): Reported with substitute. Vote: 5–1. Substitute caps garnishments at 25% of disposable weekly earnings and sets an effective date of Jan. 1, 2026.
- House Bill 2740 (mobile asphalt recycling tax credit): Gently tabled with a letter to the Joint Subcommittee to Evaluate Tax Preferences for review. Vote: 6–0. Substitute included assignment of environmental review to DEQ and a one‑year sunset to allow evaluation.
- House Bill 2514 (local advertising credit / Local Journalism Sustainability Act, revised): Died for lack of a motion in committee; sponsor did not secure a motion to report the substitute.
- House Bill 2108 (motion picture production tax credit increase to $8.5M through FY 2026): Reported and referred to Appropriations. Vote: 7–0. Sponsor described an urgent, short‑term need for funding to secure proximate productions.
- House Bill 2681 (net operating loss / administrative review substitute): Reported with substitute. Vote: 7–0. Substitute directs a work‑group process led by the Department of Taxation to review net operating loss calculation and administrative burdens.
- House Bill 2062 (student loan discharge tax exclusion for 100% service‑connected disabled veterans): Gently tabled (committee comment: covered by the omnibus bill). Tabled vote recorded as 5–2.
- House Bill 2076 (tax deduction for volunteer fire and rescue): Gently tabled. Vote recorded 5–2.
Several additional bills were discussed and either tabled or combined with other measures; the clerk’s announcements and roll calls above are the formal recorded outcomes included in this summary. Items left on the table were frequently referred to omnibus or appropriations work by members during the hearing.