Relating to taxation
ARTICLE 1 - JOBS NOW TAX CREDIT
Establishing an
income tax credit for employers hiring new full-time employees, prescribing
credits allocation, providing tentative credits for construction trades
employers, allowing for a pass through of credits and a tax refund,
appropriating money to the commissioner of revenue
ARTICLE 2 - CORPORATE
FRANCHISE TAX
Decreasing the corporate franchise tax due from foreign
corporate income
ARTICLE 3 - SALES AND USE TAXES
Defining solicitor to
include internet web solicitors in the state, establishing a retailer solicitor
presumption regarding agreements between retailers and solicitors and including
web (internet) sales, defining volume of sales applicability, allowing a
rebuttal to solicitor presumption if federal nexus requirements are
unmet
(rt)