SB 6635.E - DIGEST |
(DIGEST AS ENACTED) |
Declares an intent to improve the long-term sustainability of the state budget by: (1) Limiting the first interest mortgage business and occupation tax deduction to community banks; |
(2) Extending the business and occupation tax exemption for fruit, vegetable, dairy, and seafood businesses; |
(3) Changing the sales and use tax exemption for certain equipment used in computer data centers; |
(4) Exempting craft distilleries from certain license issuance fees; and |
(5) Clarifying the definition of leasehold interest. |