Provides for applicability of the sales and use tax exclusions for certain tangible personal property purchased for lease or rental (EG -$4,000,000 GF RV See Note)
Excludes from repairs to tangible personal property and fabrication certain preparation and painting of certain aircraft for purposes of sales and use tax aircraft having an FAA registration address outside the state. (7/1/17) (EN NO IMPACT GF RV See Note)
Removes the June 30, 2018, sunset provision and makes permanent reductions to certain income and corporation franchise tax credits. (gov sig) (EN +$12,500,000 GF RV See Note)
Repeals the three-year sunset of certain eligibility provisions for the tax credit for taxes paid to other states and authorizes the credit for certain individual partners or members of entities (EG SEE FISC NOTE GF RV See Note)
Authorizes eligibility for the inventory tax credit for certain property held by persons engaged in the short term rental of such items (EN DECREASE GF RV See Note)
Specifies the types of construction contracts eligible for exclusion from the levy of a new state or local sales and use tax (EN DECREASE GF RV See Note)
(Constitutional Amendment) Eliminates the deduction for federal income taxes paid for purposes of calculating individual and corporate income tax (OR SEE FISC NOTE)
Provides relative to the amount of the research and development tax credit and authorizes transferability of the credit under certain circumstances (EN +$300,000 GF RV See Note)