Digest: The Act makes changes to tax credits. (Flesch Readability Score: 90.9). [Digest: The Act tells the LRO to study the personal income tax system. (Flesch Readability Score: 74.8).] [Requires the Legislative Revenue Officer to study the personal income tax system. Directs the Legislative Revenue Officer to submit findings to the interim committees of the Legislative Assembly related to revenue not later than December 1, 2026.] Extends sunsets for certain tax credits and exemptions. Increases allowed amounts and statewide caps and otherwise modifies certain tax credits and exemptions. Takes effect on the 91st day following adjournment sine die.

Statutes affected:
A-Engrossed: 315.156, 315.622, 315.271, 315.514, 316.798
Enrolled: 315.156, 315.622, 315.271, 315.514, 316.798