Revises the state excise tax laws related to: (1) Minimum nexus standards;

(2) Tax avoidance transactions;

(3) Modifying and placing a cap on the first mortgage deduction;

(4) Direct seller business and occupation tax exemption;

(5) Business and occupation tax preferences for manufacturers of products derived from certain agricultural products;

(6) Suspending the sales and use tax exemption for livestock nutrient equipment and facilities;

(7) Ending the preferential business and occupation tax treatment received by directors of corporations;

(8) Airplane excise tax;

(9) Use tax on motor vehicles and trailers used in interstate commerce;

(10) Foreclosure exemption;

(11) Tax debts;

(12) Imposing sales and use tax on cosmetic surgery, custom software, and janitorial services;

(13) Increasing tobacco taxes;

(14) Rural county tax incentive programs;

(15) Sales and use tax exemptions for data centers;

(16) Public utility district privilege tax clarification;

(17) Business and occupation surtax on certain services;

(18) Limiting business and occupation exemption on investment earnings for nonfinancial firms;

(19) Sales and use tax exemptions for machinery and equipment used in renewable energy generation; and

(20) Repealing the nonresident sales tax exemption; the business and occupation tax credit for new employment for international service activities; and the sales and use tax exemptions for candy and bottled water.