HCSHBs594&508--INCOMETAXDEDUCTIONFORCAPITALGAINS (Perkins) COMMITTEEOFORIGIN:StandingCommitteeonCommerce ForalltaxyearsbeginningonorafterJanuary1,2025,ataxpayer maydeduct100%ofallincomereportedasacapitalgainfor federalincometaxpurposes. ThisbillisthesameasSB46(2025).