Reduces the severance tax rate for oil over a certain period of time and specifies the severance tax rate for oil produced from certain wells (OR DECREASE GF RV See Note)
Provides for effectiveness of the exclusion for sales of admissions to athletic and entertainment events held for or by an elementary and secondary school (Item #7)
Reduces the annual cap on the amount of motion picture production tax credits awarded by the DED, reduces the annual cap on the amount of motion picture production tax credits claimed on tax returns, and reduces the per project cap (Item #21) (OR +$90,000,000 GF RV See Note)
Provides for a credit against income and corporation franchise tax liability for certain businesses which offer essential services during certain emergency situations (OR DECREASE GF RV See Note)
Provides relative to admissions, parking fees, and sales of tangible personal property at events sponsored by domestic, civic, educational, historical, charitable, fraternal, or religious organizations which are nonprofit (Item #24)