Chairperson Smith opened the floor to discuss HB2773 which was heard March 3, 2026.
Adam Siebers, Office of Revisor of Statutes, was asked to review HB2773.
Chairperson Smith offered an amendment for HB2773 noting there was a previous bill last year, HB2442 that follows the same concept for a mandatory single factor with no retention, no level or carve out. (Attachment 1)
Adam Siebers noted the amendment is striking out Page 8 the new Subsection F. Should the amendment be passed for HB2773, the carve out for alcoholic manufacturers would no longer part the law. The alcoholic manufacturers would default to the single factor apportionment January 1, 2027. Once it goes into effect, there would be no special provision for alcoholic manufacturers.
Chairperson Smith noted when the Committee passed the single factor apportionment bill last year Subsection F excluded manufacturers of alcoholic liquor and now the Committee will incorporate the single factor apportionment in HB2773.
Committee discussion ensued.
Chairperson Smith moved to amend HB2773, seconded by Representative Awerkamp. Motion carries.
Chairperson Sawyer moved, seconded by Representative Hoheisel, the Committee recommends HB2773 favorably for passage as amended. Motion carries.
Chairperson Smith adjourned the meeting.
Next scheduled meeting is March 10, 2026.