Relating to taxation; establishing a tax rate for school district operating capital revenue; requiring a certain majority percentage of foreign operations gross income to be derived from sources outside the country for foreign operating corporation income tax treatment; reducing foreign operating corporation deemed dividends; requiring the commissioner of revenue to determine taxable net income under certain conditions of improper taxable net income; increasing local government aid (LGA) to cities; providing a property tax rebate for homeowners; requiring the commissioner of revenue to pay eligible property owners a property tax rebate equal to a certain percentage of property taxes payable in 2006 on homesteads
(ra)