Relating to determination of commercial activity of taxpayer engaged in farming operation; prescribing an effective date.

Adds processor to types of entities from which taxpayer engaged in farming operation may obtain certification stating percentage of in-state agricultural commodity sold to entity, in order to determine taxpayer's commercial activity for purposes of corporate activity tax. Applies to tax years beginning on or after January 1, 2022. Takes effect on 91st day following adjournment sine die.