Authorizes the secretary of the Dept. of Revenue to require the filing of electronic tax returns and the payment of taxes by electronic funds transfer (EN NO IMPACT See Note)
Provides for an individual income tax credit for improvements made to the residences of individuals with certain disabilities (EN DECREASE GF RV See Note)
Constitutional Amendment to exempt from ad valorem taxation certain property delivered to a construction site. (2/3 - CA13s1(A)) (EN SEE FISC NOTE LF RV See Note)
(Constitutional Amendment) Provides with respect to the classification and valuation of property and local option relative to certain exemptions (EG SEE FISC NOTE LF RV See Note)
Repeals authority for tax exemption contracts to be granted by the Board of Commerce and Industry for manufacturing establishments, corporate headquarters, and warehousing and distribution establishments (OR INCREASE GF RV See Note)
Provides for a flat tax rate for purposes of calculating individual income tax, increases the amount of the earned income tax credit, and modifies other income tax credits and deductions (RE +$5,000,000 GF RV See Note)
Caps the amount of losses a taxpayer may claim on certain tax returns for the net operating loss deduction and repeals the deduction for certain wage expenses (EG +$14,500,000 GF RV See Note)
(Constitutional Amendment) Eliminates the income tax deduction for federal income taxes paid for purposes of computing individual income taxes and the references to the maximum amount of individual income tax rates and brackets (EG SEE FISC NOTE See Note)
Provides for the classification of and applicable fair market value percentages for property subject to ad valorem taxation (EG NO IMPACT LF RV See Note)
Provides with respect to the rate and base for the state tax on certain natural resources severed from the soil or water (EG -$89,000,000 GF RV See Note)