Taxes provisions modification
Individual income and corporate franchise taxes, certain state aid programs and public finance provisions modifications and appropriation
Imposition and allocation of certain taxes modified, tax analysis required, transportation funding impacts analysis required, retail delivery fee repealed, unlimited Social Security subtraction provided, previous appropriation and transfer modified, reports required, money transferred, and money appropriated.
Certain discharges of indebtedness subtraction provision and certain discharges of indebtedness from income for purposes of the property tax refund and the renter's income tax credit exclusion provision
Individual income tax subtraction provided for discharges of indebtedness, and certain discharges of indebtedness excluded from income.
Corporate franchise and unitary taxation; unitary group expanded to foreign corporations.
Individual income tax and corporate franchise tax phased out.