Enacts the "over-expenditure, under-expenditure, transfer notification (OUT) act" to provide for the use of surplus appropriated funds and over-expenditure approval.
Requires the governor's tax expenditure reporting to include an enumeration of all fossil fuel related tax expenditures; imposes a 5 year expiration upon any fossil fuel related tax expenditures enacted.
Establishes a legislative intelligence committee to provide oversight, review, approval and audits of appropriations and expenditures of counterterrorism agencies.
Establishes audits of state agency expenditures to recover overpayments and lost discounts.
Relates to statements of campaign receipts, contributions, transfers and expenditures.
Imposes a tax on corporate lobbying expenditures; imposes a tax of 35% on corporate lobbying expenditures above $100,000 and below $500,000; imposes a tax of 60% on corporate lobbying expenditures above $500,000 and below $1,000,000; imposes a tax of 75% on corporate lobbying expenditures above $1,000,000.
Requires shareholders to approve corporate political expenditures.
Relates to providing a tax credit for densified biomass fuel expenditures; defines "qualified densified biomass fuel expenditures" and "densified biomass fuel".
Relates to providing a tax credit for densified biomass fuel expenditures; defines "qualified densified biomass fuel expenditures" and "densified biomass fuel".
Requires governor to perform a cost benefit analysis of tax expenditures.