Phases down the highest corporate income tax rates (5% to 8%) to 4% over a four-year period starting for tax years beginning in 2013. (gov sig) (OR -$207,000,000 GF RV See Note)
Authorizes for corporations a net operating loss carryback of 5 years if the loss is attributable to Hurricane Isaac. (see Act) (EN DECREASE GF RV See Note)
Legislates with regard to sales tax exemptions for certain educational institutions. (Item Nos. 7, 13, 14, and 32) (7/1/16) (OR DECREASE GF RV See Note)
Exempts the lease, rental, or purchase of tangible personal property or services by the Edward Via College of Osteopathic Medicine (VCOM) from local sales tax. (7/1/22) (EN -$200,000 LF RV See Note)
Authorizes taxing authorities to decline to collect property tax on inventory held by manufacturers, distributors, and retailers if the taxing authority accepts a payment provided by law in lieu of the ad valorem taxes. (1/1/16)