Changes the rates and brackets for purposes of calculating individual income tax liability and eliminates certain deductions and credits (RE +$5,000,000 GF RV See Note)
Provides for the effectiveness of the state sales and use tax exclusion for sales or purchases of fire-fighting equipment by a volunteer fire department (Item #17)
Provides with respect to the applicability and effectiveness of Act Nos. 30 and 31 of the 2016 First Extraordinary Session of the Legislature which eliminated the deductibility of federal income taxes paid for purposes of computing corporate income taxes (Items #39 & 40) (EG SEE FISC NOTE 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 (Items #39 & 43) (EG SEE FISC NOTE GF RV See Note)
Changes the rates and brackets for purposes of calculating individual income tax liability and eliminates certain deductions (Items #40 and 43) (EG +$25,000,000 GF RV See Note)