Digest: The Act extends the sunset for the BAIT and allows tax overpayments to be applied to subsequent tax year. (Flesch Readability Score: 61.6). [Digest: The Act extends the sunset for the BAIT and the related tax credit and modifies provisions of the tax and credit. (Flesch Readability Score: 60.6).] Extends the sunsets for the pass-through business alternative income tax and the related personal income tax credit. [Allows trusts to be members of participating pass-through entities. Allows members of participating entities to opt out of the election to participate.] Provides that an overpayment of tax may be applied to a subsequent tax year payment. Applies to [tax years beginning on or after January 1, 2022, and before January 1, 2028] overpayments made before January 1, 2027. Takes effect on the 91st day following adjournment sine die.