Requires pro forma income tax returns relative to the potential for the use of a combined unitary reporting system as a method of income apportionment (EG NO IMPACT GF RV See Note)
Prohibits the tax credit for the rehabilitation of historic structures from being carried forward and used against subsequent tax liability or transferred to other taxpayers
Provides for the carry forward rather than the refund of the tax credits for certain musical and theatrical productions and certain infrastructure projects
Requires the Joint Legislative Committee on Capital Outlay to approve line of credit recommendations for nonstate entity projects (EG NO IMPACT GF EX See Note)