Repeals the corporate income and franchise taxes and prohibits certain corporate taxpayers from claiming certain refundable tax credits
Provides relative to the entities to which corporate franchise tax applies (Item #28) (EN +$10,340,000 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)
Repeals the corporate income tax and franchise taxes and prohibits certain corporate taxpayers from claiming certain refundable tax credits (Items #3, 5, 19, 26, and 28)
Provides with respect to individual income tax rates, exemptions, credits, and deductions
Repeals the corporation franchise tax and removes eligibility of certain tax credits to be claimed against corporation franchise tax (OR -$324,000,000 GF RV See Note)
Repeals the corporation franchise tax and limits eligibility of certain credits to be claimed against corporation franchise tax (Item #3) (EN -$574,000,000 RV See Note)
Provides for an income and corporation franchise tax credit for ad valorem taxes paid by certain barge line, towing, and other water transportation companies (OR -$887,000 GF RV See Note)