Digest: The Act extends the sunset for the BAIT and the related tax credit. (Flesch Readability Score: 76.5).
Extends the sunsets for the pass-through business alternative income tax and the related personal income tax credit. Applies to tax years beginning on or after January 1, 2022, and before January 1, 2028.
Takes effect on the 91st day following adjournment sine die.