Exempts from the sales and use tax any items sold or provided for use in conducting memorial, funeral, or burial services.
Increases the net taxable estate exemption to three million six hundred thousand dollars ($3,600,000) on January 1, 2025. Also increases the exemption by one million dollars ($1,000,000) on January 1 per year thereafter.
Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2025.
Increases the federal adjusted gross income threshold for modification for taxable social security income. Amends references to federal adjusted gross income as pertains to modification of taxable retirement income from certain pension plans or annuities.
Eliminates the sales tax on taxi services and pet care services.
Requires all public school teachers hired on or after July 1, 2024, to participate in the retirement system social security pursuant to chapter 7 of title 36.
