SB 213 — Income tax deduction for theft loss.
Last action — First reading: referred to Committee on Ways and Means
-
✓Introduced
-
✓In Committee
-
3Passed Senate
-
4Passed House
-
5To Executive
-
6Enacted
This bill has passed the Senate. Introduced January 08, 2026. It now moves to the second chamber.
Next likely step: consideration and a floor vote in the House.
Odds of enactment
Moderate chanceBased on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
-
Passed Senate
Current position in the legislative process.
-
5 sponsors
3 primary, 2 co-sponsors signed on.
-
Bipartisan support
Sponsored across 2 parties (3 R · 2 D) — cross-party backing.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Provides an income tax deduction for theft losses that result from certain financial transactions induced by third parties and that cause the individual to incur federal gross income as a result of the theft. Requires the department of state revenue to first certify the theft loss deduction before a taxpayer may claim the deduction in a taxable year.
Bill Text
- Engrossed Engrossed Senate Bill (H) Current pdf
- Senate Bill (S) View text pdf
- Introduced Introduced Senate Bill (S) pdf
Action History
-
First reading: referred to Committee on Ways and Means
-
Referred to the House
-
House sponsor: Representative Thompson
-
Third reading: passed; Roll Call 77: yeas 43, nays 1
-
Cosponsor: Representative Snow
-
Amendment #1 (Holdman) prevailed; voice vote
-
Second reading: amended, ordered engrossed
-
Committee report: amend do pass, adopted
-
Senator Randolph added as coauthor
-
Senator Qaddoura added as second author
-
First reading: referred to Committee on Tax and Fiscal Policy
-
Authored by Senator Holdman
Sponsors
- Craig Snow · Cosponsor
- Jeffrey Thompson · Primary
- Lonnie Randolph · Cosponsor
- Fady Qaddoura · Primary
- Travis Holdman · Primary
Sponsorship breakdown
Export CSV (upgrade) →3 sponsors · 2 co-sponsors · 145 not signed on
Sponsors (3)
- Jeffrey Thompson Republican
- Fady Qaddoura Democrat
- Travis Holdman Republican
Co-sponsors (2)
- Craig Snow Republican
- Lonnie Randolph Democrat
Not signed on (145)
145 members have not signed on to this bill.
Show all 145 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 213 do?
- Provides an income tax deduction for theft losses that result from certain financial transactions induced by third parties and that cause the individual to incur federal gross income as a result of the theft. Requires the department of state revenue to first certify the theft loss deduction before a taxpayer may claim the deduction in a taxable year.
- Who sponsors SB 213?
- SB 213 is sponsored by Craig Snow (Republican), Jeffrey Thompson (Republican), Lonnie Randolph (Democrat), Fady Qaddoura (Democrat), and Travis Holdman (Republican).
- What is the current status of SB 213?
- This bill has passed the Senate. Introduced January 08, 2026. It now moves to the second chamber.
- Where can I track SB 213?
- Track SB 213 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on SB 213
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of SB 213
Last checked for changes 3 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →