This bill restructures business and occupation tax surcharges and rates, including adding a temporary B&O surcharge on large companies while tweaking existing deductions. It leans on the private sector yet again to feed ever-growing government spending. CPAC opposes new and higher business taxes that drive investment and jobs out of the state and opposed this bill. The House passed this bill on 2025-04-22 by a vote of 50-48. The bill later became law.