Digest: The Act changes the way the money from the CAT is used. (Flesch Readability Score: 95.9).
Modifies the disposition of revenues received under the corporate activity tax. Maintains two-thirds of the revenues for use for education through the Fund for Student Success and directs one-third to the State Highway Fund.
Applies to moneys received by the Department of Revenue on or after January 1, 2026.
Takes effect on the 91st day following adjournment sine die.

Statutes affected:
Introduced: 317A.155, 366.505