Implements provisions to limit state revenue growth; creates a revenue limitation; establishes a budget stabilization fund; sets rates for allowable growth; exempts emergencies declared by the governor; permits taxpayers to bring action to enforce revenue limitations.
Sponsored bills
Requires that article VII bills submitted by the governor must relate specifically to either an appropriation or a proposal to raise revenue, and be necessary in order to effectuate such appropriation or revenue proposal.
Relates to special funds for counties, cities, villages, towns, and schools; allows the creation of special funds; authorizes tax credits for contributions to special funds.
Gives state income tax credit to volunteer firefighters and members of a volunteer ambulance corps in good standing up to $1200; must be in good standing for a minimum of five years and maintain continued eligibility.
Relates to certified public accountants.
Extends provisions for internal audits by school districts from annually to every five years.
Relates to pharmacist immunizations; makes certain provisions permanent.
Provides an exemption from the tax on sales and the compensating use tax for equipment, with a purchase price of five hundred dollars or greater, purchased by companies located in college incubator facilities or incubator facilities funded by the state.
Provides an exemption for school districts from requirements for separate specifications for public works; permits school district to assign contract to a single responsible person, firm or corporation; permits school district to require a general contractor to submit proposed subcontractor bids; directs the commissioner of education to prepare a study on the impact of such exemption.
Enacts the "small business tax reform act"; relates to the business income base rate and certain small business taxpayers.