Extends applicability of the tax credit for the rehabilitation of certain historic structures and extends the tax credit to rehabilitated structures located in a federal designated HUBZone (OR DECREASE GF RV See Note)
Reduces the amount of the deduction for excess federal itemized personal deductions and dedicates the associated revenues to the Higher Education Emergency Fund (OR +$166,000,000 SD RV See Note)
Extends the date for eligible expenses to qualify for the tax credit for the rehabilitation of historic structures and extends the effectiveness of the credit (Item #19) (EN SEE FISC NOTE GF RV See Note)
Prohibits the Dept. of Revenue from collecting tax on any transaction for which no clear intent to tax by the legislature exists unless the department promulgates a rule indicating its intention to do so (OR SEE FISC NOTE GF RV)
Provides relative to costs of issuance and the reporting requirements for bonds approved by the State Bond Commission. (7/1/22) (EN NO IMPACT See Note)