Property taxes and sales and use taxes.

Eliminates property taxes on primary residences for those who are at least 65 years of age (qualified homesteads) and on business personal property. Decreases the state sales and use tax rate from 7% to 6%, except for business to business transactions, in which case the rate is decreased from 7% to 2.75%. Provides that the sales and use tax applies to transactions involving services, except for legal services, health or mental health services (including insurance premiums for policies covering these services), and services provided for charitable tax exempt purposes. Deposits the increased sales and use tax revenue in the state general fund. Provides an annual state distribution to offset the property tax elimination for qualified homesteads and business personal property based on the amount of property taxes that otherwise would be due on the qualified homesteads and business personal property. Prohibits changes in qualified homestead and business personal property tax deductions, credits, and abatements that were in effect on December 31, 2023. Increases the maximum renter's deduction for income tax purposes from $3,000 to $8,000 per taxable year. Freezes the gasoline excise tax and the special fuel tax rates beginning on July 1, 2024, at the rates that were in effect on June 30, 2024. Makes conforming changes and technical corrections. Makes an ongoing appropriation.