Excludes compensation earned by certain out-of-state employees and nonresident businesses for disaster or emergency-related work performed during disaster periods from state income tax (RE1 DECREASE GF RV See Note)
Imposes a state ad valorem tax and provides for the dedication of the avails of the tax to the TOPS Fund for the support of higher education (OR +$233,000,000 SD RV See Note)
Provides for an annual cap and a termination date for the musical and theatrical production income tax credit. (7/1/17) (EN SEE FISC NOTE GF RV See Note)
Provides for changes to the sound recording investor tax credit and provides for the amount of the expenditure verification report fee and deposit (EN DECREASE GF RV See Note)