Bill
Number: S.B. 1828
Rios Floor Amendment
Reference to: printed bill
Amendment drafted by: Sean Laux
FLOOR AMENDMENT EXPLANATION
Eliminates provisions relating to the flat income tax rates.
Eliminates the provisions reducing the class 1 property tax assessment ratio.
Eliminates the provision increasing the Homeowner’s Rebate.
Eliminates the increase in the aggregate dollar amount of the Credit for Contributions to STOs for Displaced or Disabled Students to $6 million, from $5 million.
Eliminates the expanded eligibility for educational scholarships and tuition grants awarded through the individual switcher STO credit or the corporate low-income STO credit.
Eliminates the increase to the corporate low-income STO scholarship or tuition grant cap amount.
Eliminates the increase to the corporate low-income STO scholarship or tuition grant cap annual increase to $200, rather than $100.
Eliminates the income tax deduction for the amount included in federal taxable income of the contribution in aid of construction and advance in aid of construction for water and wastewater utilities.
Eliminates the extension of the date that the expanded fees or contributions paid by a taxpayer may be included in the amount of the PublicSchool Extracurricular Activity Fees Tax Credit.
Eliminates the provisions establishing an individual and corporate income tax credit for processing qualifying forest products.
Eliminates the requirement that, to be eligible for the Renewable Energy Production Tax Credit for CY 2021, a taxpayer apply to ADOR before February 7 of the year following the CY for which the credit is being requested.
Eliminates the increase to the cap of assessed valuation that a fire district board must levy against all property situated within the district boundaries and appearing on the last assessment roll.
Eliminates the provisions expanding the TPT and use tax deduction for pollution prevention, monitoring, control and land reduction machinery and equipment to include “containment structures”.
Eliminates the reduction in the maximum weeks a recipient is eligible to receive unemployment benefits.
Eliminates the prohibition that an individual's unemployment insurance benefit amount may not be redetermined during the person's benefit year because of a new maximum or minimum weekly benefit amount becoming effective during the person's benefit year.
Eliminates the conditional enactment related to the unemployment insurance benefit changes.