Modifying certain provisions relating to the taxation of resorts; subjecting certain small resorts to limited market value determination for property tax purposes, limiting the valuation increase in the first year of subjection; extending the duration of the limited market value provision; providing a valuation deferment for certain resorts; reducing the first tier property tax rate for resorts; providing a resort income tax investment credit; exempting construction materials and supplies used in the expanding or improving resort property from the sales tax, providing for collection and later refund
(ra)