Provides for effectiveness of the exclusion for sales, leases, and rentals of tangible personal property and sales of services necessary to operate free hospitals (Item #18)
Provides for effectiveness of the exclusion for sales of admissions to athletic and entertainment events held for or by an elementary and secondary school (Item #7)
Provides for the tax credit for ad valorem taxes paid on inventory by taxpayers included in one consolidated federal income tax return. (gov sig) (EN DECREASE GF RV See Note)
Repeals the corporate income tax and franchise taxes and prohibits certain corporate taxpayers from claiming certain refundable tax credits (Items #43 & 44) (OR DECREASE GF RV See Note)