Requires the Joint Legislative Committee on Capital Outlay to approve line of credit recommendations for state and nonstate entity projects (RE NO IMPACT GF EX See Note)
Provides the information to be submitted to the legislative fiscal information for the review of instruments relative to tax exemptions, exclusions, deductions, and credits. (RE SEE FISC NOTE GF EX)
Excludes qualified deposits in ABLE Accounts from "tax table income" for purposes of calculating individual income tax (EG SEE FISC NOTE GF RV See Note)
Constitutional amendment to establish the Exemption Review Conference and provide for the review of and recommendation concerning tax exemption, exclusion, deduction and credit instruments filed for certain regular sessions and to establish procedures for such instruments. (2/3-CA13s1(A)) (See Act) (EG INCREASE GF EX See Note)
Extends the excise tax exemption for cigars or pipe tobacco products sampled during the Convention of the International Premium Cigar and Pipe Retailers Association (EN SEE FISC NOTE GF RV See Note)
Constitutional amendment to exempt from ad valorem property taxes inventory held by manufacturers, distributors, and retailers and to prohibit adjustment of millages because of the implementation of the exemption. (2/3-CA13s1(A)) (1/1/16) (OR -$517,000,000 LF RV See Note)
Limits all claims against income tax for motion picture investor tax credits filed during each fiscal year to $300 million, but rolls over any remaining balance to future fiscal years. (7/1/15)