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2023
State Description FY 2024 (millions) FY 2025 (millions) Effective Date Revenue Type Fee Type

Alabama

Provides a one-time refundable income tax credit to qualified taxpayers to partially offset the amount of sales taxes paid on groceries throughout the year. Estimated to cost $390 million for FY2023.

NA

NA

11/11/2023

Personal Income

 

Alabama

Creates the Innovating Alabama tax credit program, by allowing up to $25m in tax credits to be claimed annually by taxpayers that make contributions to economic development organizations for investments in certain technology companies

Estimated maximum decrease of ($25m)

Estimated maximum decrease of ($25m)

4/20/2023

Miscellaneous

 

Alabama

Reduces the states sales and use tax on food (pursuant to the definition of food in this act) from 4% to 3% in 2023, and then to 2% in 2025. Provided certain ETF growth targets are met.

Estimated decrease of ($152M) to ETF

Estimated decrease of ($318M) to ETF

9/1/2023

Sales and Use

 

Alabama

Exempts hours worked in excess of 40 in a given week from the calculation of gross income

Estimated decrease of ($34M) from the ETF

Estimated decrease of ($34M)from the ETF

12/31/2023

Personal Income

 

Alabama

Increases the annual cap on the Alabama Jobs Act and Growing Alabama Ac tax incentives and extends the sunset date on both programs. Authorizes a new tourism tax rebate to be paid to an approved company as a refund on certain taxes (not to exceed $1M per company in a calenda year), and provides an annual cap of $10,000,000

Estimated maximum decrease of ($25M)

Estimated maximum decrease of ($53M)

4/20/2023

Miscellaneous

 

Alabama

Revenue Total=

$(236.00)

$(430.00)

 

 

 

Alaska

Allows state to undertake carbon offset programs and allows leasing of state lands for carbon offset purposes. Revenues for both programs are indeterminate, and no revenues are expected in FY 2024.

$-

Indeterminate

5/24/2023

Miscellaneous

 

Alaska

Revenue Total=

$-

Indeterminate

 

 

 

Arizona

Provides a one-time income tax rebate to an Arizona taxpayer who:(1) filed a full-year resident income tax return for TY 2021, (2) claimed a dependent tax credit on their TY 2021 tax return, and (3) had a tax liability of at least $1 in TY 2021.If the taxpayer's had no liability in TY 2021, but had a liability of at least $1 in either TY 2020 or TY 2019 and their filing status was unchanged from TY 2021, the taxpayer is also eligible for the tax rebate.The rebate is $250 for each dependent tax credit claimed on the taxpayer's TY 2021 tax return for a dependent who was under 17 years of age at the end of TY 2021 and $100 for each dependent who was at least 17 years old at the end of TY 2021.The maximum rebate that can be claimed is for 3 dependents.

$(259.80)

 

 

Personal Income

 

Arizona

As a result of legislation enacted in 2021 that "triggered" tax rate reductions after specific revenue targets were met, the state enacted a flat tax of 2.5% in TY 2023.This represented the final phase of a multi-year phase-in of the 2.5% single tax rate.

$(712.50)

 

 

Personal Income

 

Arizona

Revenue Total=

$(972.30)

$-

 

 

 

Arkansas

The act reduces the top Individual Income tax rate

$(176.50)

$(105.00)

1/1/2023

Personal Income

 

Arkansas

The act reduces the top Corporate Income tax rate

$(9.50)

$(19.00)

1/1/2023

Corporate Income

 

Arkansas

Repeals throwback rule through phase-out. The act phases out the income tax apportionment throwback rule over 7 years so that business income from sales of tangible personal property are sourced as follows: for tax year 2024, 85.71% within the state and 14.29% outside the state, fiscal impact -$10.6M; for tax year 2025, 71.42% within the state and 28.58% outside the state, fiscal impact -$21.1M; for tax year 2026, 57.13% within the state and 42.87% outside the state, fiscal impact -$-31.7M; for tax year 2027, 42.84% within the state and 57.16% outside the state, fiscal impact -$42.3M; for tax year 2028, 28.55% within the state and 71.45% outside the state, fiscal impact -$52.9M; for tax year 2029, 14.26% within the state and 85.74% outside the state, fiscal impact -$63.4M; and for tax years beginning on or after January 1, 2030, 100% outside the state, fiscal impact -$74M.

$(10.60)

$(21.10)

1/1/2023

Corporate Income

 

Arkansas

Revenue Total=

$(196.60)

$(145.10)

 

 

 

California

End of 2020 managed care organization enrollment tax

$(2,065.53)

$(2,065.53)

1/1/2020

Health Care Related

 

California

New 2023 managed care organization enrollment tax

$8,269.21

$8,526.68

4/1/2023

Health Care Related

 

California

Changes tax treatment of Incomplete Gift Non-Grantor Trusts

$30.00

$17.00

1/1/2023

Personal Income

 

California

Extension of film tax credit

$-

$-

1/1/2026

Corporate Income

 

California

Expands scope of employment credits for businesses in semi-conductor, lithium, and electric aviation sectors

$(1.60)

$(1.60)

1/1/2023

Corporate Income

 

California

Tax Revenue=

$6,232.08

$6,476.55

 

 

 

California

Removes sunset dates for previous increases for various civil filing fees

$38.00

$38.00

7/1/2023

 

Court Fees

California

2024 Consumer Price Index (CPI) increase to Liquor License Fees

$3.75

$7.07

1/1/2024

 

Miscellaneous Fees

California

Increase to Annual Assessment for Banks to offset impact of three largest blanks closing or merging with federal banks

$(4.38)

A new rate is set annually

Assessments mailed on 7/21/2023 and due on 8/21/2023

 

Miscellaneous Fees

California

Convert multiple stacked Small/Medium cannabis license types into one Large license type per statute

$(5.30)

N/A

1/1/2023

 

Miscellaneous Fees

California

Senate Bill (SB) 816 - Increase of licensing and regulatory fees for the CA Board of Pharmacy*

$2.35

$4.70

1/1/2024

 

Miscellaneous Fees

California

Senate Bill (SB) 816 - Increase of licensing and regulatory fees for the CA Board of Psychology*

$1.61

$3.22

1/1/2024

 

Miscellaneous Fees

California

Senate Bill (SB) 816 - Increase of licensing and regulatory fees for the CA Board of Accountancy*

$-

$3.34

7/1/2024

 

Miscellaneous Fees

California

Senate Bill (SB) 815 - Increase of licensing and regulatory fees for the Medical Board of CA*

$7.90

$31.90

1/1/2024

 

Miscellaneous Fees

California

Regulations - Increase of license and regulatory fees for the CA Architects Board

$0.50

$1.20

2/9/2023

 

Miscellaneous Fees

California

New fee (in lieu of mitigation) for incidental take of the Western Joshua tree

$140.00

$162.00

7/10/2023

 

Miscellaneous Fees

California

Adjustment of application fee for new dams and reservoirs, and for enlargement, repair, alteration or removal of existing dams or reservoirs

$-

$375K and up to 3.75m annually in 10 years

7/10/2023

 

Miscellaneous Fees

California

New fee for recycled water permits

$2.90

$3.30

7/10/2023

 

Miscellaneous Fees

California

Non-Tax Revenue=

$187.33

$255.10

 

 

 

California

Revenue Total=

$6,419.41

$6,731.65

 

 

 

Colorado

Voter-approved individual and corporate tax rate reduction

$(450.00)

$(480.00)

2022

Personal Income

 

Colorado

Continue military retirement benefit deduction

$(2.20)

$(4.40)

2024

Personal Income

 

Colorado

Continue child care contribution tax credit

$-

$(18.60)

2025

Personal Income

 

Colorado

Increase state EITC and CTC

$(78.40)

$(97.60)

2024

Personal Income

 

Colorado

Various tax credits related to decarbonization programs (electric vehicles, geothermal energy, heat pumps, e-bikes, jet fuel)

$(52.80)

$(77.80)

2024

Personal Income

 

Colorado

Tax Incentives for clean hydrogen projects

$(2.50)

$(5.00)

2024

Corporate Income

 

Colorado

Tax incentives for semiconductor manufacturing

$-

$(1.50)

2024

Corporate Income

 

Colorado

Tax incentives for film production

$(2.50)

$(2.50)

2024

Corporate Income

 

Colorado

Exemption for building materials for wildfire reconstruction

$(6.20)

$(4.40)

2023

Sales and Use

 

Colorado

Reduces portion of property tax that an oil and gas producer may deduct from their severance taxes.

$13.90

$28.30

2024

Miscellaneous

 

Colorado

Tax Revenue=

$(580.70)

$(663.50)

 

 

 

Colorado

Exempt small businesses from retail delivery fees

$(1.40)

$(1.50)

2023

 

Miscellaneous

Colorado

Non-Tax Revenue=

$(1.40)

$(1.50)

 

 

 

Colorado

Revenue Total=

$(582.10)

$(665.00)

 

 

 

Connecticut

Reduce (the two lowest) marginal rates for the personal income tax as follows: 3% to 2%; and 5% to 4.5%; and add a new benefit recapture provision to gradually eliminate the benefit of the new tax rate reduction for taxpayers with taxable incomes exceeding $105,000 (single or married filing separately), $210,000 (married filing jointly), or $168,000 (head of household).

$(166.80)

$(370.40)

1/1/2024

Personal Income

 

Connecticut

Eliminate the "benefits cliffs" for tax exemptions on income from pensions and annuities / non-Roth IRA distributions

$(21.10)

$(45.30)

1/1/2024

Personal Income

 

Connecticut

Continue the scheduled increase (over four Income Years) in the % exemption for income derived from distributions by non-Roth IRAs (the schedule is 25% in 2023; 50% in 2024; 75% in 2025; and 100% in 2026+).

$(32.50)

$(43.40)

See description

Personal Income

 

Connecticut

Make the pass-through entity tax optional

$(2.70)

$(6.00)

1/1/2024

Personal Income

 

Connecticut

Increase the redemption rate (from 78% to 92% of the credit's value) of Film and Digital Media Production Tax Credits Against the Sales and Use Tax

$(2.20)

$(4.30)

1/1/2024

Sales and Use

 

Connecticut

Extend the temporary* Corporate Tax Surcharge of 10% through IY 2025 (* in place at the rates of 10% up to 20% since 2009 - has been extended repeatedly)

$80.00

$50.00

1/1/2023

Corporate Income

 

Connecticut

Expand the Human Capital Investment Tax Credit as follows: 1) increase the tax credit rate from 5% to 10% of the amount that a qualifying corporation spends on job training and worker education / training programs; 2) increase the tax credit rate to 25% for corporate spending to develop childcare facilities or to subsidize childcare for their employees; 3) expand eligibility for the childcare-related tax credit to include donations or capital contributions to 501(c)(3) nonprofit organizations for site preparation and planning, constructing, renovating, or acquiring facilities to establish a childcare center for use by children living in the community, including in-state employees’ children; and 4) raise the overall cap on usage of the Human Capital Investment Tax Credit from 50.01% to 70% of a corporation's liability for childcare subsidies and development of a childcare center only.

$-

$(3.50)

1/1/2024

Corporate Income

 

Connecticut

Allow cannabis licensees to deduct from the state personal income or corporation business tax any business expenses that would otherwise be ineligible for a federal tax deduction but are disallowed because marijuana is a controlled substance.

$(4.70)

$(6.20)

1/1/2023

Corporate Income

 

Connecticut

Eliminate the 40% angel investor tax credit for eligible investments in approved cannabis businesses beginning July 1, 2023 (impacting refunds of taxes)

$12.50

$15.00

7/1/2023

Miscellaneous

 

Connecticut

Establish a tax credit for certain pre-Broadway and post-Broadway theater productions (the credit equals 30% of the companies’ eligible production and performance expenditures (including up to $250,000 of payroll per week); unused credits may be carried forward for up to three years and transferred to other taxpayers. The total credits allowed are capped at $2.5 million per fiscal year)

$-

$(2.50)

1/1/2024

Corporate Income

 

Connecticut

Allow certain Connecticut-headquartered corporations that own at least 80% of an LLC to claim the fixed capital investment tax credit for amounts the LLC invested in qualifying fixed capital (-$3.0 million revenue impact in FY 26 +)

$-

$-

1/1/2025

Corporate Income

 

Connecticut

Establish a credit against the corporation business and personal income taxes for contributions employers make into employees’ ABLE accounts, capped at $2,500 per employee per year

$-

$(1.00)

1/1/2024

Corporate Income

 

Connecticut

Establish a temporary 50% tax credit (up to $20,000 for individuals and $100,000 for businesses) for cash contributions to a youth development organization (impacting refunds of taxes).

$-

$(2.50)

1/1/2024

Miscellaneous

 

Connecticut

Increase the State's Earned Income Tax Credit (EITC) rate (impacting refunds of taxes).

$(44.60)

$(44.60)

1/1/2023

Miscellaneous

 

Connecticut

For FY 24, set the diesel fuel rate at 49.2 cents per gallon. This is equal to the FY 23 rate. Absent this change, the statutorily-calculated rate (which includes the wholesale price per gallon of diesel fuel as a factor) in FY 24 would have increased to 61.6 cents per gallon. The statutory rate is re-calculated annually.

$(37.20)

$-

7/1/2023

Motor Fuel

 

Connecticut

Exempt aviation fuel from the Petroleum Gross Earnings Tax

$(3.20)

$(3.10)

7/1/2023

Miscellaneous

 

Connecticut

Subject aviation fuel sales to a new aviation fuel tax at a 15 cents per gallon rate. The tax must be paid quarterly and applies to the (1) first sale in the state by companies distributing aviation
fuel in the state and (2) in-state use or consumption of fuel by companies that import aviation fuel into the state or cause it to be imported. Fuel may be taxed only one time. Starting July 1, 2029, and every four years after that, the aviation fuel tax rate must be adjusted according to any change in the consumer price index for all urban consumers for the preceding four calendar years, as published by the Bureau of Labor Statistics. Revenues in FY 26 +.

$-

$-

7/1/2025

Miscellaneous

 

Connecticut

Revenue Total=

$(222.50)

$(467.80)

 

 

 

Delaware

New tax-Marijuana

$-

$21.00

7/5/2023

Miscellaneous

 

Delaware

Tax Revenue=

$-

$21.00

 

 

 

Delaware

New phone line fee created to fund behavioral health crisis intervention services

$9.40

$9.40

8/16/2023

 

Miscellaneous Fee

Delaware

Increase to the Courthouse Municipality Fee levied on limited liability corporation filings *revenues dedicated to county seats, not state

$8.00

$8.60

8/1/2023

 

Court Fees

Delaware

Non-Tax Revenue=

$17.40

$18.00

 

 

 

Delaware

Revenue Total=

$17.40

$39.00

 

 

 

Florida

Exempt from sales tax "back-to-school" items such as clothing, school supplies, and computers. Florida exempted these items during two 2-week periods: July 24 - August 6 and January 1, 2024 - January 14, 2024.

$(126.80)

$-

7/24/2023

Sales and Use

 

Florida

Exempt from sales tax items purchased for disaster preparedness, including exempting certain animal products. Florida exempted these items during two 2-week periods: May 27 - June 9 and August 26 - September 8.

$(93.20)

$-

5/27/2023

Sales and Use

 

Florida

Exempt from sales tax many products associated with outdoor activities, admissions to concerts, and more.

$(181.60)

$-

5/24/2023

Sales and Use

 

Florida

Exempt from sales tax certain hand tools, power tools, and other items typically used in trades.

$(12.10)

$-

9/2/2023

Sales and Use

 

Florida

Exempt from sales tax Energy Star appliances.

$(62.40)

$(5.70)

7/1/2023

Sales and Use

 

Florida

Exempt from sales tax natural gas ranges and cooktops.

$(4.90)

$(0.50)

7/1/2023

Sales and Use

 

Florida

Exempt from sales tax building materials used to construct affordable housing rental units.

$(32.20)

$(65.90)

7/1/2023

Sales and Use

 

Florida

Exempt from sales tax private investigative services provided by certain "small" private investigation agencies.

$(1.20)

$(1.30)

7/1/2023

Sales and Use

 

Florida

Exempt from sales tax renewable natural gas machinery and equipment.

$(1.50)

$(0.70)

7/1/2023

Sales and Use

 

Florida

Exempt from sales tax diapers and incontinence products.

$(19.90)

$(22.30)

7/1/2023

Sales and Use

 

Florida

Exempt from sales tax baby and toddler products.

$(114.90)

$(127.10)

7/1/2023

Sales and Use

 

Florida

Exempt from sales tax certain oral hygiene products.

$28.70

$(32.80)

7/1/2023

Sales and Use

 

Florida

Exempt from sales tax firearm safety devices and storage.

$(3.20)

$(3.70)

7/1/2023

Sales and Use

 

Florida

Reduction in the tax rate levied on the rental of commercial real estate. It's necessary to note that the business rent tax rate will reduce to 2 percent when Florida's Unemployment Compensation Trust Fund balance reaches an amount analogous to its pre-pandemic level; currently estimated to occur May of 2024.

$(191.20)

$(35.50)

12/1/2023

Sales and Use

 

Florida

Provide a corporate income tax credit for the manufacture of human breast milk fortifiers.

$0.80

$5.00

7/1/2012

Corporate Income

 

Florida

Provides an increase in the total funds available for corporate income tax credit from $10m to $35m each year for costs incurred rehabilitating contaminated sites.

$(22.50)

$(25.00)

7/1/2023

Corporate Income

 

Florida

Provides a tax credit for contributions made to the Florida Housing Finance Corporation for use in Florida's State Apartment Incentive Loan Program. Annual credit cap amount is $100m. Available to take against corporate income tax and insurance premium tax liabilities.

$(50.00)

$(75.00)

10/1/2023

Miscellaneous

 

Florida

Provides an increase in total funds available from $10m to $20m each year for reimbursements to taxpayers who contribute to Florida's Strong Families Program. A program to assist children, fathers, and families. Available to take against severance tax, sales tax, corporate income tax, beverage tax, and insurance premium tax liabilities.

$(10.00)

$(10.00)

7/1/2023

Miscellaneous

 

Florida

Provides an increase in total funds available from $14.5m to $25m each year for reimbursement to taxpayers who contribute to sponsors of certain qualifying housing opportunities. Available to take against sales tax, corporate income tax, and insurance premium tax liabilities.

$(8.40)

$(8.40)

7/1/2023

Miscellaneous

 

Florida

Revenue Total=

$(906.50)

$(408.90)

 

 

 

Georgia

Newly enacted: One-time income tax credit/refund

$(1,000.00)

$-

3/14/2023

Personal Income

 

Georgia

Newly enacted: One-time property tax relief grant

$(950.00)

$-

3/10/2023

Property Tax

 

Georgia

Newly enacted: Sales and use tax on certain digital products and goods

$43.70

$93.30

1/1/2024

Sales and Use

 

Georgia

Newly enacted: IRC conformity exception for research expenditures

$(20.50)

$(8.90)

1/1/2022

Miscellaneous

 

Georgia

MODIFIED - Gradual income tax reduction. Based on updated rate reduction criteria, the most recent fiscal note projects that the first reduction would occur in FY2027. The 2022 NCSL State Tax Actions Survey projected a revenue impact in FY 2024.

$-

$-

1/1/2024

Personal Income

 

Georgia

Newly enacted: a change to a choice between new standard deduction and itemization on state returns for filers that elect to itemize deductions on federal tax returns. Provides a $300 credit for filers that choose to itemize deductions on state returns, related to the above change.

$(63.80)

$(256.00)

1/1/2024

Personal Income

 

Georgia

Newly enacted: State and local exemption for purchases of tangible personal property used in the expansion/renovation of qualified aquariums or zoos. Aggregate cap of $4.5 million for aquariums and $800,000 for zoos.

$(0.95)

$(0.95)

7/1/2023

Sales and Use

 

Georgia

Tax Revenue=

$(1,991.55)

$(172.55)

 

 

 

Georgia

Expired/sunset: the code section related to an administrative assessment collected by the Georgia Department of Labor from employers expired on 1/1/2023. This reverted the rate from 0.06% to 0.00%.

$(10.00)

$-

1/1/2023

 

Miscellaneous Fee

Georgia

Non-Tax Revenue=

$(10.00)

$-

 

 

 

Georgia

Revenue Total=

$(2,001.55)

$(172.55)

 

 

 

Hawaii

SB 1437: Allows partnerships and S corporations to annually elect to pay Hawaiʻi income taxes at the entity level. An electing pass-through entity (PTE) will be liable for Hawaiʻi income tax on the sum of all eligible members' distributive shares and guaranteed payments of Hawaiʻi taxable income, multiplied by the highest rate of tax applicable to the individual under section

 

 

1/1/2024

Corporate Income

 

Hawaii

HB 1100 Income and Estate Tax Conformity: HRS, to conform toDepartment of Taxation Announcement No. 2023-04 August 21, 2023 Page 2 of 3 the operative sections of subtitle A, chapter 1, of the Internal Revenue Code of 1986 (IRC)

 

 

 

Personal Income

 

Hawaii

SB975: Amend the Cigarette and Tobacco Tax: Increases the wholesaler and dealer license fee from $2.50 to $250; Increases the retail tobacco permit fee from $20 to $50;imposes a tax of 70% of the wholesale price of each electronic smoking device or e-liquid sold, used, or possessed by a wholesaler or dealer

 

 

7/1/2023

Cigarette and Tobacco

 

Hawaii

HB 954 Tax Credits to Assist Working Families

 

 

12/31/2022

Personal Income

 

Hawaii

HB 1369: Repeals the Nursing Facility Tax

 

 

6/22/2023

Property Taxes

 

Hawaii

Revenue Total=

 

 

 

 

 

Idaho

5.8% rate on income over $2500 single $5000 married filing jointly (indexed to 2000)

$(161.20)

$-

1/1/2023

Personal Income

 

Idaho

Earmark for Public School Income Fund and In Demand Careers Fund

$(410.00)

$(410.00)

1/1/2023

Sales and Use

 

Idaho

Sales tax earmarked for property tax relief

$(122.50)

$135.80

1/1/2023

Sales and Use

 

Idaho

Revenue Total=

$(532.50)

$(274.20)

 

 

 

Indiana

Income Tax Exemption for Military Pay

Potential Revenue Loss

$(20.00)

7/1/2023

Personal Income

 

Indiana

Decouples with that provision of the Tax Cuts and Jobs Act of 2017 (TCJA) and allows the taxpayer to deduct all "specified research or experimental expenditures" in the current year.

Indeterminable revenue decrease

Indeterminable revenue decrease

1/1/2023

Corporate Income

 

Indiana

Corporate Income tax deduction for expanding access to broadband services in Indiana.

Indeterminable revenue decrease

Indeterminable revenue decrease

1/1/2022

Corporate Income

 

Indiana

Individual Income Tax Rate - Expedites the phase-in of the Individual Income Tax rate cut.

$(116.90)

$(245.80)

1/1/2024

Personal Income

 

Indiana

Earned Income Tax Credit - Beginning in tax year 2023, HEA 1001 recouples the Indiana state Earned Income Tax Credit (EITC) with the federal EITC as in effect of January 1, 2023 at 10% of the federal amount. Prior to this change, the state EITC was at 10% of the federal EITC before being amended by the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P.L. 11-312).

$(17.45)

$(17.45)

1/1/2023

Personal Income

 

Indiana

Historic Rehabilitation Tax Credit - HEA 1454 established a new nonrefundable Historic Rehabilitation Tax Credit available for taxpayers who rehabilitate qualified historic structures. The credit amount is 25% of rehabilitation expenses of $5,000 or more, 30% for nonprofit organizations. The credit is available in tax years 2024 through 2029.

NA

$(10.00)

1/1/2024

Personal Income

 

Indiana

Mine Reclamation Tax Credit - HEA 1106 established a new nonrefundable Mine Reclamation Tax Credit available in tax years 2023 through 2027. The amount of the credit is equal to 30% of the amount of the qualified investment. The award amount is capped at $5 M per year. The credit may be applied to Individual Income Tax, Corporate Income Tax, Insurance Premiums Tax, and Financial Institutions Tax

Indeterminable, ($5) maximum

Indeterminable, $5 maximum

1/1/2023

Corporate Income

 

Indiana

(Enacted in 2022) Affordable and Workforce Housing Tax Credit - SEA 382-2022 provided a new nonrefundable affordable and workforce housing state tax credit based on 40% to 100% of a taxpayer's total federal low income housing tax credit in FY 2024 through FY 2028.

$(2.10)

$(4.20)

7/1/2023

Personal Income

 

Indiana

Attainable Homeownership Tax Credit - In tax years 2024 through 2029, HEA 1001 creates a nonrefundable Attainable Homeownership Tax Credit available to taxpayers who make a contribution to an affordable housing organization. The amount of the credit is equal to 50% of the actual amount donated up to $20,000.

NA

$(4.00)

1/1/2024

Personal Income

 

Indiana

Dependent Exemption - Beginning in tax year 2023, HEA 1001 allows taxpayers to receive a $3,000 dependent exemption for the first year that an exemption is claimed for a child rather than a $1,500 exemption.

$(3.80)

$(3.80)

1/1/2023

Personal Income

 

Indiana

Tax Credit for Employers of Disabled Workers - HEA 1454 established a new nonrefundable tax credit for employers of disabled workers available in tax years 2024 through 2028. The credit is available for employers with 500 or fewer employees as a percentage of wages paid to disabled workers. The credit may be applied to Individual Income Tax, Corporate Income Tax, Insurance Premiums Tax, Nonprofit Agricultural Organization Health Coverage Tax, and Financial Institutions Tax.

NA

$(3.40)

1/1/2024

Corporate Income

 

Indiana

Deduction for Health Care Sharing - SEA 419 established a new individual income tax deduction for health care sharing expenses available beginning in tax year 2024.

NA

$(1.50)

1/1/2023

Personal Income

 

Indiana

Employer Child Care Expenditure Credit - HEA 1001 creates a new nonrefundable Employer Child Care Expenditure Credit available between January 1, 2024 and July 1, 2025. The credit amount is the lesser of 50% of capital expenses or $100,000. The annual limit on the credit $2.5 M. The credit may be applied to Individual Income Tax, Corporate Income Tax, Insurance Premiums Tax, Nonprofit Agricultural Organization Health Coverage Tax, and Financial Institutions Tax.

 

Indeterminable, likely less than $2.5 reduction in revenue

1/1/2024

Corporate Income

 

Indiana

Income Tax Exemption for Nonresidents - Beginning in tax year 2024, SEA 419 exempts nonresident individuals who work in Indiana for less than 30 days from state individual income tax. It does not exempt professional athletes, professional entertainers, or public figures.

Indeterminable revenue decrease

Indeterminable revenue decrease

1/1/2024

Personal Income

 

Indiana

Extended sunset of fuel tax indexing adjustment (will impact revenue in FY 2026 and FY 2027)

NA

NA

7/1/2025

Motor Fuel

 

Indiana

SEA 417 made changes to the nonprofit organization sales tax exemption threshold after which nonprofit organizations are required to collect sales tax.

Indeterminable revenue decrease

Indeterminable revenue decrease

7/1/2023

Sales and Use

 

Indiana

SEA 419 provided a sales tax exemption for solar and wind energy equipment.

Indeterminable, but likely significant decrease (at least $1)

Indeterminable, but likely significant decrease (at least $1)

7/1/2023

Sales and Use

 

Indiana

SEA 419 made changes to the sales tax exemption for agricultural equipment.

Indeterminable revenue decrease

Indeterminable revenue decrease

7/1/2023

Sales and Use

 

Indiana

HEA 1001 increased the cigarette tax stamp discount for distributors.

$(2.40)

$(2.30)

7/1/2023

Cigarette and Tobacco

 

Indiana

Tax Revenue=

$(142.65)

$(312.45)

 

 

 

Indiana

Electric Vehicle Supplemental Registration Fee Increase

$0.35

$0.83

1/1/2024

Motor Vehicle/Driving Fees

 

Indiana

Hybrid Vehicle Supplemental Registration Fee Increase

$1.09

$2.41

1/1/2024

Motor Vehicle/Driving Fees

 

Indiana

Non-Tax Revenue=

$1.44

$3.24

 

 

 

Indiana

Revenue Total=

$(107.16)

$(193.36)

 

 

 

Iowa

Inheritance Tax (2021 Iowa Acts, SF 619 - Modified)

$(54.50)

$(76.60)

1/1/2024

Miscellaneous

 

Iowa

2022 Iowa Acts, HF 2317 tax reductions (Modified)

$(482.00)

$(666.80)

1/1/2024

Personal Income

 

Iowa

2022 Iowa Acts, HF 2317 tax reductions (Modified)

$(103.00)

$(187.90)

1/1/2024

Corporate Income

 

Iowa

HF 718 reduces city and county property taxby limiting growth in different categories of general service levy limits to $3.50 for counties and $8.10 for cities per $1,000 of assessed value by FY 2029; this change affects local government revenue

$-

$-

7/1/2024

Property Tax

 

Iowa

HF 685 Managed Care Organization (MCO) Premium Tax (Newly enacted)

$-

$155.80

1/1/2024

Health Care Related

 

Iowa

SF 561 Hospital Health Care Access Trust Fund - eliminates repeal (Modified)

$33.92

$33.92

7/1/2023

Health Care Related

 

Iowa

SF 549 Insurance Premium Tax Reduction (Modified)

$(3.90)

$(8.20)

7/1/2023

Health Care Related

 

Iowa

SF 575 Innovation Fund Tax Credit Extension (Modified)

$(0.10)

$(1.30)

7/1/2023

Personal Income

 

Iowa

HF 710 Endow Iowa Tax Credit (Modified)

$(2.80)

$(2.10)

1/1/2023

Personal Income

 

Iowa

Franchise Tax (2022 Iowa Acts, SF 2367 - Modified)

$(4.20)

$(5.50)

1/1/2024

Miscellaneous

 

Iowa

Revenue Total=

$(616.58)

$(758.68)

 

 

 

Kansas

Surplus Lines Insurance Premiums Tax Rate Reduction

$-

$(18.40)

1/1/2024

Miscellaneous

 

Kansas

Creation of Apprenticeship Tax Credit for Businesses Employing Apprentices

$(4.75)

$(7.12)

1/1/2023

Corporate Income

 

Kansas

Creation of Apprenticeship Tax Credit for Businesses Employing Apprentices

$(1.20)

$(1.80)

1/1/2023

Personal Income

 

Kansas

Tax Revenue=

$(5.95)

$(27.32)

 

 

 

Kansas

Elimination of state fee for concealed carry license

$(1.20)

$(1.20)

7/1/2023

 

Miscellaneous

Kansas

Non-Tax Revenue=

$(1.20)

$(1.20)

 

 

 

Kansas

Revenue Total=

$(7.15)

$(28.52)

 

 

 

Kentucky

Rate reduction

$(315.80)

 

1/1/2024

Personal Income

 

Kentucky

SALT Workaround for Pass-through Entities

$(13.00)

 

1/1/2022

Personal Income

 

Kentucky

Eliminated Marketing Services as a taxable service

$(1.50)

 

1/1/2023

Sales and Use

 

Kentucky

Exempted materials from water and sewer projects performed by contractors

$(13.60)

 

1/1/2023

Sales and Use

 

Kentucky

Excluded restaurant revitalization grants

$(8.60)

 

1/1/2020

Corporate Income

 

Kentucky

Recreational vehicles

$(6.70)

 

7/1/2023

Sales and Use

 

Kentucky

Recreational vehicles

$3.40

 

7/1/2023

Miscellaneous

 

Kentucky

Revenue Total=

$(355.80)

$-

 

 

 

Louisiana

HB 32 increases the maximum income deduction for certain expenses for homeschooled students

$(2.20)

$(2.20)

1/1/2024

Personal Income

 

Louisiana

HB 443 authorizes a onetime credit for the adoption of a child under 3 who is unrelated to the taxpayer

$(1.30)

$(1.30)

1/1/2023

Personal Income

 

Louisiana

HB 483 expands the historic structures tax credit to structures that contribute to the National Register listing and increases the credit amount to 25% of eligible expenses through January 1, 2029 and 35% of eligible costs for historic structures in rural areas.

$(32.50)

$(32.50)

8/1/2023

Personal Income

 

Louisiana

SB 41 authorizes a tax credit for a donation to eligible maternal wellness centers

$-

$(5.00)

1/1/2025

Personal Income

 

Louisiana

HB 618 makes permanent a temporary limit on credit for taxes paid to another state.

$22.00

$38.00

(applicable to income on or after) 1/1/2023

Personal Income

 

Louisiana

HB 369 expands a mandated discount on automobile insurance premiums, reducing insurance premium tax collections.

$(6.50)

$(6.50)

8/1/2023

Miscellaneous

 

Louisiana

HB 635 increases the excise tax on vaping

$9.80

$9.80

7/1/2023

Cigarette and Tobacco

 

Louisiana

Tax Revenue=

$(10.70)

$0.30

 

 

 

Louisiana

HB 635 increases the excise tax on vaping

$6.60

$6.60

8/1/2023

 

Miscellaneous Fee

Louisiana

Non-Tax Revenue=

$6.60

$6.60

 

 

 

Louisiana

Revenue Total=

$2.50

$13.50

 

 

 

Maine

LD 1063 Makes the income tax deduction for cannabis business expenses available to cannabis establishments and testing facilities.

$(1.44)

$(1.69)

1/1/2023

Personal Income

 

Maine

LD 258 The pension income deduction is increased to the maximum annual benefit that a person eligible to retire may receive under the federal Social Security

$-

$(28.07)

1/1/2024

Personal Income

 

Maine

LD 258Property Tax Fairness Credit is increased for individuals 65 years or older by increasing the maximum benefit base to $4,000, regardless of the individual’s filing status and number of qualifying children and other dependents, and 2) increasing the maximum benefit from $1,500 to $2,000.The benefit base amount is adjusted annually for inflation for tax years beginning after 2024.

$-

$(29.21)

10/25/2023

Property Taxes

 

Maine

LD 258 The dependent exemption tax credit is refundable and beginning January 1, 2024, the credit is adjusted for inflation

$-

$(19.48)

1/1/2024

Personal Income

 

Maine

Revenue Total=

$(1.44)

$(78.45)

 

 

 

Maryland

Imposes the sales and use tax on sales of adult-use cannabis

$36.00

$73.10

5/3/2023

Sales and Use

 

Maryland

Imposes sales and use tax on home amenity rentals and authorizes local jurisdictions, subject to certain limitations, to tax home amenity rentals

 

Increase may be potentially significant depending on the number of home amenity rentals and the value of the home amenity rentals

7/1/2024

Sales and Use

 

Maryland

Exempts from income tax union dues paid by an individual during the taxable year that were allowed as a deduction under the Internal Revenue Code.

$(9.93)

$(10.28)

7/1/2024

Personal Income

 

Maryland

Enhances existing exemption from income tax for certain military retirement income

$(11.20)

$(11.70)

7/1/2023

Personal Income

 

Maryland

Extends and expands eligibility for the Maryland child tax credit

$(17.90)

$(18.30)

6/1/2023

Personal Income

 

Maryland

Extends enhanced Maryland earned income tax credit (45% of the federal earned income tax credit, 100% for eligible individuals without qualifying children)

$(154.40)

$(157.40)

6/1/2023

Personal Income

 

Maryland

Increases the maximum amount, from $9m to $18m, of student debt relief tax credits the Maryland Higher Education Commission may approve for any taxable year

$(9.00)

$(9.00)

7/1/2023

Personal Income

 

Maryland

Reauthorizes a State income tax credit for employers who incur costs to obtain federal security clearance during taxable years 2023 through 2027 for corporations with up to 500 employees.
*Note -- Credit may also be claimed against personal income tax

$(0.10)

$(1.80)

7/1/2023

Corporate Income

 

Maryland

Increases, for certain fiscal years, the maximum amount of tax credit certificates that Commerce may issue annually for film production costs in the State and increases the percentage of direct costs that qualify for the tax credit
*Note -- Credit may also be claimed against personal income tax

$(3.00)

$(5.50)

7/1/2023

Corporate Income

 

Maryland

Nonrefundable State income tax credit for the first $500 of the purchase price of an automated external defibrillator (AED) purchased for use at restaurants in the State
*Note -- Credit may also be claimed against personal income tax

$(1.16)

$(1.36)

7/1/2023

Corporate Income

 

Maryland

Tax Revenue=

$(170.69)

$(142.24)

 

 

 

Maryland

Increases the maximum fees for handgun permits

$5.29

$7.64

1/10/2023

 

Miscellaneous Fees

Maryland

Imposes various application and licensing fees for cannabis industry

$14.30

$7.20

5/3/20023

 

Miscellaneous Fees

Maryland

Imposes fee for renewal of video lotter operation (casino) license

Revenues increase by approximately $2.7 million annually beginning in FY 2032

7/1/2023

 

Miscellaneous Fees

Maryland

Various increases for fees for hunting licenses, stamps, and permits and establishment of resident and nonresident sika deer stamp and related fees

$2.27

$2.27

7/1/2023

 

Miscellaneous Fees

Maryland

Non-Tax Revenue=

$21.86

$17.11

 

 

 

Maryland

Revenue Total=

$(148.83)

$(125.13)

 

 

 

Massachusetts

Single Sales Factor: moves from a sales tax apportionment system that factors property, payroll, and sales to an apportionment that only considers sales

$-

$(40.00)

 

Sales and Use

 

Massachusetts

Short Term Capital Gains: reduces the tax rate on short term capital gains from 12% to 8.5%

$(42.00)

$(44.00)

 

 

 

Massachusetts

Child and Dependent Tax Credit: Increases the tax credit for a dependent child, disabled adult, or senior from $180 to $310 in TY 23 and then to $440 in TY '24

$(165.00)

$(301.00)

 

Personal Income

 

Massachusetts

Reduced the estate tax for all taxpayers. Eliminates the tax for all estates under $2M by allowing a uniform credit of $99,600

$(128.00)

$(208.00)

 

Property Tax

 

Massachusetts

Earned Income Tax Credit: Increases the EITC from 30% to 40% of the federal credit

$(85.00)

$(86.00)

 

Personal Income

 

Massachusetts

Low Income Housing Tax Credit: Increase the annual authorization from $40M to $60M

$(19.00)

$(39.00)

 

Property Tax

 

Massachusetts

Housing development Incentive Program: One time increase of cap from $10M to $57M. Then $30M annually

$(19.00)

$(39.00)

 

 

 

Massachusetts

Senior Circuit Breaker: Increases the Sr. circuit breaker from $1,200 to $4,000

$(60.00)

$(62.00)

 

Property Tax

 

Massachusetts

Rental Deduction: Increases the rental deduction cap from $3,000 to $4,000.

$(40.00)

$(41.00)

 

Property Tax

 

Massachusetts

Title V Tax Credit: Increases the credit available from $6,000 to $18,000 and increases the amount claimable to $4,000/yr. from septic tank replacement

$(4.00)

$(7.00)

 

Miscellaneous

 

Massachusetts

Commuter Transit Benefits: Public transit fares, ferry and regional transit passes, and bike commuter expenses become eligible for the commuter expense tax deduction.

$(11.00)

$(11.00)

 

Personal Income

 

Massachusetts

Student Loan Repayment Exemption: Ensures that employer student loan payments are not treated as taxable compensation

$(2.00)

$(3.00)

 

Personal Income

 

Massachusetts

Lead Paint Abatement: Increases the credit to support families with older homes. Full abatement credit is equal to $3,000 and $1,00 for partial abatement

$(3.00)

$(3.00)

 

Personal Income

 

Massachusetts

Dairy Tax Credit: Increases the stat cap from $6M to $8Mto provide assistance for local farmers during downturns in milk prices.

$(2.00)

$(2.00)

 

Miscellaneous

 

Massachusetts

Apprenticeship Tax Credit: Expands the occupations for which this work force development credit is available

$-

$(2.00)

 

Miscellaneous

 

Massachusetts

Revenue Total=

$(580.00)

$(888.00)

 

 

 

Michigan

HB 4001 phases out the three tier retirement income tax and authorizes taxpayers with retirement or pension benefits received for service as a public police or fire department employee, a county corrections officer, or a state police trooper or state police sergeant to claim the tax treatment of retirement income available to taxpayers

$(281.00)

$(350.00)

1/1/2023

Personal Income

 

Michigan

HB 4001 increases the state EITC cap to 30% of the federal credit

$(770.00)

$(385.00)

1/1/2022

Personal Income

 

Michigan

HB 4001 Portions od the corporate income tax revenue collected under Part 2 of The Income Tax Act is redirected to Michigan Housing and Community, Development Fund,Revitalization and Placemaking Fund, and the Strategic Outreach and Attraction Reserve (SOAR) Fund

$(600.00)

$(600.00)

1/1/2023

Corporate Income

 

Michigan

SB 82 Firearm safety device sales tax exemption

$(1.50)

$(1.50)

3/30/2024

Sales and Use

 

Michigan

HB 4039 Sales and Use tax exemption on certain delivery and installation cost from inclusion in the sale price

Indeterminate amount

Indetermindate amount

4/26/2023

Sales and Use

 

Michigan

SB 97 Sales and Use tax exemption expanded to include include certain industrial processing activities performed on aggregate products or materials.

$(1.00)

$(1.00)

5/8/2023

Sales and Use

 

Michigan

Revenue Total=

$(1,653.50)

$(1,337.50)

 

 

 

Minnesota

Repeal GILTI subtraction with 50% Dividend Received Deduction

$249.20

$181.50

TY 2023

Corporate Income

 

Minnesota

Dividend Received Deduction (DRD) Modified

$74.10

$54.00

TY 2023

Corporate Income

 

Minnesota

Net Operating Loss Limitation (NOL) Modification

$22.10

$17.30

TY 2023

Corporate Income

 

Minnesota

Standard Deduction Phaseout Modifications

$173.80

$180.50

TY 2023

Personal Income

 

Minnesota

New Net Investment Income Tax, 1% > $1.0 million

$-

$86.20

TY 2024

Personal Income

 

Minnesota

Repeal GILTI subtraction with 50% Dividend Received Deduction

$3.50

$2.80

TY 2023

Personal Income

 

Minnesota

Secure Act 2.0 Federal Conformity - Limit Deductions for Charitable Contribution Easements

$4.20

$3.30

12/29/2022

Personal Income

 

Minnesota

New Advanced Refundable Credit

$(1,130.00)

$-

Retroactive to TY 2021

Personal Income

 

Minnesota

New Child Tax Credit with Working Family Tax Credit Modifications

$(408.70)

$(388.70)

TY 2023

Personal Income

 

Minnesota

Social Security Subtraction Modifications

$(235.80)

$260.40

TY 2023

Personal Income

 

Minnesota

New Public Pension Subtraction

$(41.30)

$(41.20)

TY 2023

Personal Income

 

Minnesota

K-12 Education Subtraction Modifications

$(11.10)

$(11.70)

TY 2023

Personal Income

 

Minnesota

Working Family Tax Credit Modification - Individual Tax Identification Numbers (ITIN)

$(9.80)

$(10.00)

TY 2023

Personal Income

 

Minnesota

Film Production Tax Credit Modifications

$(8.50)

$(10.10)

TY 2023

Personal Income

 

Minnesota

Small Business Investment Tax (Angel) Tax Credit Reinstated

$(5.00)

$(5.00)

TY 2023

Personal Income

 

Minnesota

Beginning Farmer Tax Credit Modifications

$(4.00)

$(4.00)

TY 2023

Personal Income

 

Minnesota

Child & Dependent Care Tax Credit Modification - Newborn Credit to Unmarried Filers

$(1.60)

$(1.60)

TY 2023

Personal Income

 

Minnesota

New Short line Railroad Modernization Tax Credit

$(1.40)

$(1.40)

TY 2023

Personal Income

 

Minnesota

Sustainable Aviation Fuels Tax Credit

$-

$(7.40)

6/30/2024

Corporate Income

 

Minnesota

Local Sales Tax - 7 County Metro Area, Rate at 0.25% for Housing

$120.80

$187.20

10/1/2023

Sales and Use

 

Minnesota

Local Sales Tax - 7 County Metro Area, Rate at 0.75% for Transportation

$362.30

$561.50

10/12023

Sales and Use

 

Minnesota

Modify base to include cannabis and cannabis products

$5.10

$19.00

7/1/2023

Sales and Use

 

Minnesota

New Exemption, Certain Natural Gas Fees to Residential Customers

$(7.56)

$(2.38)

1/1/2021

Sales and Use

 

Minnesota

New Exemption, Construction Material Purchases by Contractor, Minneapolis- St. Paul Airport

$(7.56)

 

7/1/2023

Sales and Use

 

 

Combined Net Tax Receipts Tax, Rate Reduction

$(13.60)

$(15.60)

7/1/2023

Miscellaneous

 

Minnesota

New Gross Receipts Tax on Cannabis and Cannabis Products, 10% Rate

$13.30

$40.00

7/1/2023

Miscellaneous

 

Minnesota

Motor Vehicle Sales Tax Rate Increase

$51.70

$52.30

7/1/2023

Miscellaneous

 

Minnesota

Motor Vehicle Sales Tax Rate Increase - New Exemption for Disabled Veterans

$-

$(1.10)

7/1/2023

Miscellaneous

 

Minnesota

Motor Vehicle Registration Tax Increase

$60.80

$180.28

1/1/2024

Miscellaneous

 

Minnesota

Railroad and Pipeline Assessments

$4.00

$4.00

7/1/2023

Miscellaneous

 

Minnesota

Motor Fuels Indexing

$43.72

$139.17

1/1/2024

Motor Fuel

 

Minnesota

Increase Political Contribution Refund

$(0.70)

$(1.40)

7/1/2023

Miscellaneous

 

Minnesota

Homestead Credit Property Tax Refund, Additional one-time 20.6% payment

$(137.47)

$-

2022 Taxes payable in 2023/FY 2024

Property Tax

 

Minnesota

Renter Property Tax Refunds, Additional one-time 20.6% payment

$(48.26)

$-

Rent paid tax year 2022/ FY 2023

Property Tax

 

Minnesota

Special Targeting Property Tax Refunds, one-time criteria adjustments

$(23.10)

$(0.20)

Taxes payable 2023/ FY 2024

Property Tax

 

Minnesota

Homestead Credit Property Tax Refund, Reduce copays 3%

$-

$(25.40)

2023 Taxes payable in 2024/FY 2025

Property Tax

 

Minnesota

Expand Homestead Benefits to Allow Individual Taxpayer Identification (ITIN)

$-

$(2.00)

2023 Taxes payable in 2024/FY 2025

Property Tax

 

Minnesota

Renter Property Tax Refunds, Convert to Renter Income Tax Credit (See also Sunset, below)

$-

$(378.60)

2024 Rent Paid in Tax Year 2025/FY 2025

Property Tax

 

Minnesota

Renter Property Tax Refunds, Sunset tied to new Renter Income Tax Credit (above)

$-

$-

2024 Rent Paid in Tax Year 2025/FY 2025

Property Tax

 

Minnesota

NEW Local Homeless Prevention Aid - increase

$(20.00)

$(20.00)

Aids Payable 2023/ FY 2024

Property Tax

 

Minnesota

Local Government Aid - increase

 

$(80.00)

Aids Payable 2024/ FY 2025

Property Tax

 

Minnesota

County Program Aid - increase

 

$(80.00)

Aids Payable 2024/FY 2025

Property Tax

 

Minnesota

PILT Payment in Lieu of Taxes - valuation increase

 

$(9.30)

Aids Payable 2024/FY 2025

Property Tax

 

 

NEW Electric Generation Aid for Local Governments

 

$(2.12)

Aids Payable 2024/FY 2025

Property Tax

 

Minnesota

NEW Statewide Local Housing Aid

$(22.50)

$(22.50)

Aids Payable 2023/FY 2024

Property Tax

 

Minnesota

NEW Soil & Water Conservation District Aid

$(15.00)

$(15.00)

Aids Payable 2023/FY 2024

Property Tax

 

Minnesota

NEWTribal Nations Aid

$-

$(35.00)

Aids Payable 2024/FY 2025

Property Tax

 

Minnesota

Public Safety Aid to Local Governments

$(300.00)

$-

7/1/2023

Property Tax

 

Minnesota

Workforce & Affordable Homeownership (MHFA)one-time appropriation

$(40.00)

$-

7/1/2023

Property Tax

 

Minnesota

Tax Revenue=

$(1,304.33)

$797.75

 

 

 

Minnesota

Retail Delivery Fee

$-

$59.00

1/1/2024

 

Miscellaneous Fees

Minnesota

Vehicle Services Filing Fee Increase

$1.78

$2.38

10/1/2024

 

Motor Vehicle/Driving Fees

Minnesota

DVS Credential Fee Increase

$8.94

$8.94

7/1/2023

 

Motor Vehicle/Driving Fees

Minnesota

TEFRA Parental Contribution Fee Eliminated

$(5.21)

$(5.21)

7/1/2023

 

Miscellaneous Fees

Minnesota

988 Suicide and Crisis Lifeline

$4.91

$9.83

1/1/2024

 

Miscellaneous Fees

Minnesota

Assessment Increase for Utilities - Public Utilities Commission

$1.52

$1.79

7/1/2023

 

Miscellaneous Fees

Minnesota

Assessment Increase for Utilities - Department of Commerce

$1.26

$1.26

7/1/2023

 

Miscellaneous Fees

Minnesota

Utility Grid Reliability Assessment Extension

$1.00

$1.00

7/1/2023

 

Miscellaneous Fees

Minnesota

Watercraft Registration Fees

$6.00

$8.80

7/1/2023

 

Recreation Fees

Minnesota

Water Appropriation Permit Fees (Summer Surcharge)

$1.70

$1.70

7/1/2023

 

Miscellaneous Fees

Minnesota

Cannabis (Application, Initial, Renewal) Licensing Fees

$3.33

$5.38

7/1/2023

 

Miscellaneous Fees

Minnesota

Non-Tax Revenue =

$25.24

$94.86

 

 

 

Minnesota

Revenue Total=

$(1,279.09)

$892.61

 

 

 

Mississippi

HB 1733 businesses can fully expense business investments in machinery and equipment

Uncertain revenue impact

Uncertain revenue impact

 

Corporate Income

 

Mississippi

SB 2862 exempt coin, currency and bullion from sales tax

$(2.75)

$(2.75)

 

Sales and Use

 

Mississippi

HB 704 Tax rebate for television production companiesthat produce a tv series in MS.

Uncertain revenue impact

Uncertain revenue impact

 

Corporate Income

 

Mississippi

SB 2858 Increases the amount of investment tax credits that may be allocated under the Mississippi Small Business Invesment Company Act

Uncertain revenue impact

Uncertain revenue impact

 

Corporate Income

 

Mississippi

HB 261 The income tax credit authorized under the Endow Mississippi Program was extended through 2028

Uncertain revenue impact

Uncertain revenue impact

 

Personal Income

 

Mississippi

Revenue Total=

Indeterminate

Indeterminate

 

 

 

Missouri

SB 25 Income tax deduction for certain federal grant money awarded for expanding or providing broadband internet

$(16.65)

$(7.62)

8/28/2023

Corporate Income

 

Missouri

SB 190 Removes income limits used to calculate taxes due on social security or public pension

$(129.83)

up to -309.11

1/1/2024

Personal Income

 

Missouri

HB 202 allows a farm owner to receive a subtraction of a set percentage of their total capital gains received from the sale or rental of their farmland as long as it is sold to a beginning farmer

$(4.88)

$(4.88)

8/28/2023

Personal Income

 

Missouri

SB 94 Taxpayers who produce qualifies motion media production projects or series production projects can receive a tax credit based on actual expenses toward production. The cap is set at $8M for motion media productions and $8M for series production *

up to -$16M

 

1/1/2024

Corporate Income

 

Missouri

SB 94 Creates a tax credit for rehearsal and tour expenses equal to 30% of the taxpayers base investment. The cap is set at $8M. An additional $2M in credits can be authorized by the Department of Economic Development

$-

$(8.00)

1/1//2024

Personal Income

 

Missouri

HB 417 Authorizes a credit program for taxpayers who hire qualified interns and apprentices. The credit is capped at $1M/tax year

$(1.00)

$(1.00)

1/1/2024

Personal Income

 

Missouri

SB 138 Biodiesel Producers Tax Credit authorization limit is increased from $4M to $5.5M annually

up to -$1.5M

 

7/1/2023

Corporate Income

 

Missouri

SB 138 Business income tax deduction. Adds the income of farmers as reported on two specific IRS forms to the business exemption.

$(2.16)

$(2.10)

 

Personal Income

 

Missouri

Revenue Total=

$(172.02)

$(332.71)

 

 

 

Montana

HB 221 replaces the present law 30.0% net long-term capital gains deduction set to take effect in TY 2024 with two separate capital gains tax rates: 3.0% and 4.1%.

$(2.96)

$(15.80)

1/1/2024

Personal Income

 

Montana

HB 225 creates a state refundable individual income tax credit for taxpayers who legally adopt a child. The state credit is $7,500 if the adopted child was in the state foster care system and $5,000 for all other adoptions.

$(3.26)

$(2.17)

7/1/2022

Personal Income

 

Montana

HB 245 expands the Trades Education and Training tax credit to include additional occupations and industries and to extend the expiration date of the credit to December 31, 2028.

$(0.82)

$(0.82)

7/1/2023

Personal Income

 

Montana

HB 408 increases the tax credit caps available under the Innovative Educational Program (IEP) public school tax credit and the Student Scholarship Organization (SSO) program for non-public schools.

 

$(5.20)

7/1/2023

Personal Income

 

Montana

SB 104 exempts, for up to five years, a portion of certain military retirement pay from Montana personal income tax

$(0.83)

$(4.35)

12/31/2023

Personal Income

 

Montana

SB 121 reduces the top personal income tax rate from 6.5% to 5.9% and increases the state Earned Income Tax Credit (EITC) rate from 3.0% of the federal credit to 10.0%.

$(28.70)

$(157.43)

1/1/2024

Personal Income

 

Montana

SB 124: changes the multi-state tax apportionment from a three factor with double-weighted sales apportionment, to a single factor apportionment based on sales.

 

$(4.88)

1/1/2025

Corporate Income

 

Montana

SB 246: eliminates the list of countries considered tax havens that under current law are included in the tax base of corporations that elect water’s edge filing status for Montana corporate income tax

$(1.39)

$(1.36)

7/1/2023

Corporate Income

 

Montana

HB 212 increases the class 8 business equipment property tax market value exemption from $300,000 to $1,000,000.

$(1.01)

$(1.33)

12/31/2023

Property Tax

 

Montana

SB 550 extends and expands the Montana Medical Savings Account personal income tax exemption

$(0.32)

$(1.72)

1/1/2024

Personal Income

 

Montana

HB 189 increased the market value cap for homes enrolled in the Property Tax Assistance Program (PTAP) from $200,000 to $350,000 and indexes the cap to the median home value within the PTAP program.

 

$(2.65)

12/31/2023

Property Tax

 

Montana

SB 399 from the 2021 session changes Montana's individual income tax so that Montana Taxable Income is based on Federal Taxable Income. The number of tax rates is reduced from seven to two. These changes are planned for 1/1/2024

$(10.31)

$(29.95)

1/1/2024

Personal Income

 

Montana

Tax Revenue=

$(49.60)

$(227.66)

 

 

 

Montana

HB 903 revises the dispensary fee structure to increase the fee for each additional location and the combined-use marijuana license laws to allow cultivators to step up multiple tiers at a time and set the combined-use license fee in code at $7,500.

$2.85

$2.85

1/1/2024

 

Miscellaneous Fees

Montana

Non-Tax Revenue=

$2.85

$2.85

 

 

 

Montana

Revenue Total=

$(46.75)

$(224.81)

 

 

 

Nebraska

Change Property Tax Incentive Act to increase credit for property taxes paid to community colleges to 100%

$-

$50.67

Tax Year 2024

Personal Income

 

Nebraska

Change Property Tax Incentive Act to increase credit for property taxes paid to community colleges to 100%

$-

$16.89

Tax Year 2024

Corporate Income

 

Nebraska

Create the E-15 Access Standard Act, amend the Higher Blend Tax Credit

$-

$(1.02)

Tax Year 2024

Personal Income

 

Nebraska

Opportunity Scholarship Tax Credit

$-

$(18.75)

Tax Year 2024

Personal Income

 

Nebraska

Opportunity Scholarship Tax Credit

$-

$(6.25)

Tax Year 2024

Corporate Income

 

Nebraska

Create the Child Care Tax Credit Act

$-

$(17.50)

Tax Year 2024

Personal Income

 

Nebraska

Reinstate the School Readiness Tax Credit

$-

$(2.91)

Tax Year 2024

Personal Income

 

Nebraska

Allow a deduction from FAGI for annuities under the Federal Employees Retirement System of Civil Service Retirement System

$(0.85)

$(2.05)

Tax Year 2024

Personal Income

 

Nebraska

Amend deductibility of social security income

$(8.18)

$(11.46)

Tax Year 2024

Personal Income

 

Nebraska

Lower top two rates

$(72.47)

$(230.01)

Tax Year 2024

Personal Income

 

Nebraska

Lower top rate

$(6.10)

$(27.67)

Tax Year 2024

Corporate Income

 

Nebraska

Adopt the Good Life Transformational Projects Act

$(1.96)

$(4.84)

7/1/2023

Sales and Use

 

Nebraska

Divert sales and use tax on sale/lease of aircraft to Aeronautics Cash Fund for aid to airports

$(1.37)

$(1.57)

7/1/2023

Sales and Use

 

Nebraska

Amend Sports Arena Facility Financing Act

$(1.06)

$(1.61)

6/6/2023

Sales and Use

 

Nebraska

Impose Tax on electronic nicotine delivery systems

$1.17

$2.90

1/1/2024

Cigarette and Tobacco

 

Nebraska

Amend NE Job Creation and Mainstreet Revitalization Act

$(1.49)

$(2.53)

9/1/2023

Personal Income

 

Nebraska

Amend NE Job Creation and Mainstreet Revitalization Act

$(0.17)

$(0.28)

9/1/2023

Corporate Income

 

 

Amend NE Advantage Research & Development Credit

$(0.94)

$(0.98)

9/1/2023

Personal Income

 

Nebraska

Amend NE Advantage Research & Development Credit

$(0.10)

$(0.11)

9/1/2023

Corporate Income

 

Nebraska

Create the NE Biodiesel Tax Credit

$-

$(0.90)

1/1/2024

Personal Income

 

Nebraska

Create the NE Biodiesel Tax Credit

$-

$(0.10)

1/1/2024

Corporate Income

 

Nebraska

Amend Nebraska Advantage Rural Development Act to increase credit amounts

$(0.37)

$(0.37)

9/1/2023

Personal Income

 

Nebraska

Amend Nebraska Advantage Rural Development Act to increase credit amounts

$(0.35)

$(0.35)

9/1/2023

Corporate Income

 

Nebraska

Amend Nebraska Advantage Rural Development Act to increase credit amounts

$(0.28)

$(0.28)

9/1/2023

Sales and Use

 

Nebraska

Allow tax credit for wages paid to persons with prior felony conviction

$(4.14)

$(0.36)

Tax Year 2023

Personal Income

 

Nebraska

Allow tax credit for wages paid to persons with prior felony conviction

$(0.46)

$(0.04)

Tax Year 2023

Corporate Income

 

Nebraska

Tax Revenue=

$(99.12)

$(261.48)

 

 

 

Nebraska

Changes allocation of portion of fees from General Fund to agency cash Fund - fee rate same

$(4.30)

$(4.30)

7/1/2023

 

Motor Vehicle/Driving Fees

Nebraska

Changes allocation of portion of assessment on employers from General Fund to agency cash Fund - fee rate same

$(2.06)

$(2.06)

5/2/2023

 

Miscellaneous

Nebraska

Non-Tax Revenue=

$(6.36)

$(6.36)

 

 

 

Nebraska

Revenue Total=

$(105.48)

$(267.84)

 

 

 

Nevada

SB 428 Sales tax exemption on diapers

$-

$(5.87)

1/1/2025

Sales and Use

 

Nevada

Tax Revenue=

$-

$(5.87)

 

 

 

Nevada

SB 266 Certain portions of entry fees for the participation in a contest or tournament from the gross revenue of gaming licenses for certain purposes.

$-

$(1.71)

 

 

Miscellaneous

Nevada

Non-Tax Revenue=

$-

$(1.71)

 

 

 

Nevada

Revenue Total=

$-

$(7.58)

 

 

 

New Hampshire

Business Profits Tax rate decrease and Business Enterprise rate decrease. The impact of the rate reductions are provided in aggregate.

$(9.40)

$-

12/31/2023

Corporate Income

 

New Hampshire

Phase out and repeal of the Interest and Dividends Tax by 2025 from 5% to 4% effective 12/31/23. Phase out and repeal of the Interest and Dividends Tax from 4% to 3% effective 12/31/2024. The Interest and Dividends taxrevenue decrease if aggregated for all reductions as three tax years cut across a fiscal year.

$(22.20)

$(40.40)

12/31/2023

Personal Income

 

New Hampshire

Limiting Credit Carryover for Business Profits and Business Enterprise Taxes

$(13.50)

$(3.80)

12/31/2022

Corporate Income

 

New Hampshire

Business Profits Tax Net Operating Loss

$(2.10)

$-

12/31/2022

Corporate Income

 

New Hampshire

Revenue Total=

$(47.20)

$(44.20)

 

 

 

New Jersey

S3748: Film Tax Credit Incentive increased to 20% for Studio Partners

$(200.00)

$(200.00)

 

Corporate Income

 

New Jersey

A4694: Establishes a convenience rule for nonresident income sourcing and provides a refundable gross income tax credit available to New Jersey resident taxpayers who obtain a final judgment from another state’s or jurisdiction’s tax court

Indeterminate net revenue impact

Indeterminate net revenue impact0

1/1/2023

Personal Income

 

New Jersey

A5672: Doubles the amount of the child tax credit currently provided to certain resident taxpayers with children age 5 years and younger at the end of the taxable year.

$(132.15)

$(132.15)

1/1/2023

Personal Income

 

New Jersey

S287: Provides CBT and gross income tax credits for certain deliveries of low carbon concrete and for costs of conducting environmental product declaration analyses of low carbon concrete.

Up to -$10

Up to -$10

1/1/2024

Corporate Income

 

New Jersey

Tax Revenue=

$(342.15)

$(342.15)

 

 

 

New Mexico

Increases GRT distribution to aviation fund

$(3.00)

$(3.00)

7/1/2023

Sales and Use

 

New Mexico

New tax increment development district (GRT distribution)

$(5.50)

$(5.50)

Upon signature

Sales and Use

 

New Mexico

New healthcare practitioner copay/deductible GRT deduction

$(39.30)

$(38.90)

7/1/2023

Health Care Related

 

New Mexico

New 2021 income tax rebates (note: $666.6 million impact in FY23)

$(6.70)

$-

Upon signature

Personal Income

 

New Mexico

Child tax credit (2022 legis. Session)

$(74.00)

$(74.70)

1/1/2023

Personal Income

 

New Mexico

Expansion of child tax credit

$(102.60)

$(106.60)

7/1/2023

Personal Income

 

New Mexico

Expansion of film tax credits

$-

$(61.50)

7/1/2023

Corporate Income

 

New Mexico

Administrative tax changes - affects GRT

$(1.70)

$(1.60)

7/1/2023

Sales and Use

 

New Mexico

Metro development act changes - affects GRT

$(1.00)

$(1.00)

7/1/2023

Sales and Use

 

New Mexico

Diverts excess oil and gas tax and lease revenue to permanent fund

$-

$(587.60)

7/1/2024

Miscellaneous

 

New Mexico

Allows use of racetrack gaming tax revenues for insurance

$(3.10)

$(3.10)

Upon signature

Miscellaneous

 

New Mexico

Earmarks 10 percent of health insurance premium tax revenue for the law enforcement protection fund

$(22.50)

$(21.80)

7/1/2023

Health Care Related

 

New Mexico

Phased-in GRT rate increase (2022 legis. Session)

$(101.00)

$(107.60)

7/1/2023

Sales and Use

 

New Mexico

Tax Revenue=

$(360.40)

$(1,012.90)

 

 

 

New Mexico

Changes distribution of nuisance fines and fees

$2.90

$2.90

6/16/2023

 

Misc.

New Mexico

Non-Tax Revenue=

$2.90

$2.90

 

 

 

New Mexico

Revenue Total=

$(357.50)

$(1,010.00)

 

 

 

North Carolina

H.B. 347 Creates an 18% tax on gross wagering revenue received by a sports betting. operators

$64.60

$83.50

1/8/2024

 

Corporate Income

North Carolina

H.B. 259 Personal Income tax rate reduction over the next 3 years

$(161.70)

$(1,058.30)

1/1/2024

 

Personal Income

North Carolina

H.B. 259 sales tax exemption for sales of aviation gasoline andjet fuel for use in a commercial aircraft. Sunsets 1/1/2029

 

$(11.00)

 

 

Sales and Use

North Carolina

sales tax exemption for breast pumps and accessories

$(2.30)

$(3.10)

10/1/2023

 

Sales and Use

North Carolina

New tax on for-hire ground transport services. 1.5% for an exclusive ride service and 1% for a share-ride service

$-

$5.70

7/1/2025

 

Sales and Use

North Carolina

Tax Revenue=

$(99.40)

$(983.20)

 

 

 

North Carolina

HB 347 Creates licensing fees for sports betting operators

$10.30

$10.30

 

 

Miscellaneous Fees

North Carolina

HB 347 Creates licensing fees for pari-mutuel wagering on horse racing

$2.00

 

 

 

Miscellaneous Fees

North Carolina

Changes the express permitting statute and increases the fees for express permitting

$1.40

$1.40

 

 

Miscellaneous Fees

North Carolina

Increase in fees in the Divisions of Water Resources; Energy, Mineral, and Land Resources; and Waste Management

$3.90

$3.90

 

 

Miscellaneous Fees

North Carolina

Insurance Regulatory Fee

$(35.70)

$(69.30)

 

 

Miscellaneous Fees

North Carolina

Increase in Lobbyist Fee

$1.20

$1.20

1/1/2024

 

Miscellaneous Fees

North Carolina

Increase in Electronic and Hybrid Vehicle Fees

$0.70

$1.80

 

 

Motor Vehicle/Driving Fees

North Carolina

Transaction fees on DMV Electronic Payments

$30.70

 

 

 

Motor Vehicle/Driving Fees

North Carolina

Non-Tax Revenue=

$14.50

$(50.70)

 

 

 

North Carolina

Revenue Total=

$(70.40)

$(1,084.60)

 

 

 

North Dakota

House Bill No. 1158 (2023) provides individual income tax rate reductions and consolidates the individual income tax brackets from five brackets to three brackets, with income in the first bracket exempt from tax. Rates in all brackets reduced from a range of 1.1 percent to 2.9 percent to a range of 0 percent to 2.5 percent of taxable income.

$(179.15)

$(179.15)

1/1/2023

Personal Income

 

North Dakota

House Bill No. 1158 expands the homestead credit by adjusting the income limits and maximum taxable valuation reduction amounts for qualifying individuals and removing the requirement that an individual’s assets may not exceed $500,000 to qualify for the credit. The bill provides an eligible individual with income not in excess of $40,000 is entitled to a reduction of 100 percent of the taxable valuation of the person’s homestead up to a maximum reduction of $9,000 of taxable valuation and an individual with income between $40,001 and $70,000 is entitled to a reduction of 50 percent of the taxable valuation of the person's homestead up to a maximum reduction of $4,500 of taxable valuation.

$(26.75)

$(26.75)

1/1/2023

Property Tax

 

North Dakota

House Bill No. 1158 creates a state-paid primary residence credit of $500 against the property tax due on each primary residence for tax years 2024 and 2025. To receive the credit, qualifying taxpayers are required to sign and file with the Tax Commissioner an application containing a verified statement of facts establishing the applicant's eligibility for the credit. The credit may not exceed the amount of property tax due on the primary residence and may not reduce the liability for special assessments levied upon any property. Only one credit may be applied against the property taxes levied against any primary residence. The bill also provides a procedure for state reimbursement to each county for the credits allowed in the county.

 

$(101.23)

1/1/2024

Property Tax

 

North Dakota

House Bill No. 1168 (2023) provides an income tax credit for the purchase of manufacturing and animal agricultural machinery and equipment for the purpose of automating manufacturing and animal agricultural processes in this state to improve job quality or increase productivity. The credit is equal to 15 percent of the cost of manufacturing machinery and equipment purchased during the taxable year. Purchases must result in a 5 percent increase in average wages, workforce safety, or output to qualify for the credit. The aggregate amount of credits that may be claimed each year is limited to $3 million, with $500,000 set aside for first-time claimants for animal agricultural automation machinery and equipment and $500,000 set aside for first-time claimants for manufacturing automation machinery and equipment.

$(3.00)

$(3.00)

1/1/2023

Corporate Income

 

North Dakota

Senate Bill No. 2293 provides an income tax deduction for military pay received by an individual who is a member of the armed forces of the United States on federal active duty, a member of the National Guard, or a reserve member of the armed forces of the United States, to the extent the military pay is included in the taxpayer's North Dakota taxable income. The bill defines "military pay" as all federal pay for training, education, mobilization, and bonuses and state pay when called to support an emergency on state active duty.

$(2.00)

$(2.00)

1/1/2023

Personal Income

 

North Dakota

Senate Bill No. 2147 (2023) provides an income tax deduction for retired law enforcement personnel benefits received by a taxpayer who has a combined total of at least 20 years of experience or has medically retired from the individual's duties as a peace officer due to mental or physical disability. The fiscal impact cannot be determined, but some estimates indicate the potential for substantial impact.

 

 

1/1/2023

Personal Income

 

North Dakota

Revenue Total=

$(210.90)

$(312.13)

 

 

 

Ohio

Modify progressive income tax to cut statutory rates and consolidate brackets

$(564.00)

$(787.00)

TY 2023

Personal Income

 

Ohio

Modify income tax to cut progressive employer withholding tax rates

$(562.00)

$(178.00)

11/1/2023

Personal Income

 

Ohio

Newly enacted home purchase savings account tax deduction

$-

$(20.00)

TY 2024

Personal Income

 

Ohio

Newly enacted low income housing tax credit

$(10.00)

$(20.00)

FY 2024

Personal Income

 

Ohio

Newly enacted single family affordable housing tax credit

$(5.00)

$(10.00)

FY 2024

Personal Income

 

Ohio

Newly enacted "Welcome Home Ohio" tax credit for residential unit rehab or construction

$(2.00)

$(25.00)

FY 2024

Personal Income

 

Ohio

Modify motion picture tax credit cap and expand use to capital expenditures

$-

$(30.00)

FY 2024

Personal Income

 

Ohio

Modify the nonrefundable income tax credit for tuition paid to a Non chartered, nonpublic school to increase its value and expand taxpayer eligibility

$(6.00)

$(6.00)

TY 2023

Personal Income

 

Ohio

Repeal adoption tax credit

$4.80

$4.80

TY 2023

Personal Income

 

Ohio

Modify tax credit for donations to scholarship granting organizations to increase its value for married taxpayers filing jointly

$(1.20)

$(1.50)

TY 2023

Personal Income

 

Ohio

Modify income tax deduction for college savings account contributions

$(10.00)

$(10.00)

TY 2023

Personal Income

 

Ohio

Modify sales and use tax to exempt certain tax filing fees and document processing charges

$(25.00)

$(25.00)

5/1/2023

Sales and Use

 

Ohio

Modify sales and use tax to exempt bad debts on private label credit cards used to make purchases from the vendor

$(16.70)

$(16.70)

7/1/2023

Sales and Use

 

Ohio

Modify sales and use tax to exempt baby items

$(10.70)

$(16.00)

10/3/2023

Sales and Use

 

Ohio

Newly enacted sales tax holiday beginning August 2024 and recurring annually, if sufficient balance exists

$-

$(605.00)

8/1/2024

Sales and Use

 

Ohio

Modify gross receipts tax paid by businesses to exclude the first $3 million in TY 2024 and $6 million in TY 2025. Also repeals minimum annual tax.

$(234.80)

$(438.20)

1/1/2024

Miscellaneous

 

Ohio

Newly effective sports gaming tax, applicable to proprietors' gross receipts from sports betting.

$90.00

$92.00

1/1/2024

Miscellaneous

 

Ohio

Modify sports gaming tax to increase tax rate

$87.00

$92.00

7/1/2024

Miscellaneous

 

Ohio

Tax Revenue=

$(1,265.60)

$(1,999.60)

 

 

 

Ohio

Tire fee - sunset extended 2 years

$7.80

$7.80

7/1/2024

 

Miscellaneous

Ohio

Solid waste disposal - sunset extended 2 years

$70.20

$70.20

7/1/2024

 

Miscellaneous

Ohio

Public water system application fee - sunset extended 2 years

$4.60

$4.60

7/1/2024

 

Miscellaneous

Ohio

Surface water plan review - sunset extended 2 years

$2.50

$2.50

7/1/2024

 

Miscellaneous

Ohio

Annual discharge fee for NPDES permit holders - sunset extended 2 years

$4.00

$4.00

7/1/2024

 

Miscellaneous

Ohio

Non-NPDES application fee - sunset extended 2 years

$1.40

$1.40

7/1/2024

 

Miscellaneous

Ohio

Non-Tax Revenue=

$90.50

$90.50

 

 

 

Ohio

Revenue Total=

$(1,175.10)

$(1,909.10)

 

 

 

Oklahoma

HB 1934 Established a tiered tax credit systems for parents/guardians whose children attend private schools. Max credit of $7,500 for families with income less than $75,000

$(150.00)

$(200.00)

1/1/2024

Personal Income

 

Oklahoma

HB 1040 Increases the amount subject to the 3.75% personal income tax bracket for joint filers from $2400 to $4600

$(5.85)

$(14.70)

 

Personal Income

 

Oklahoma

SB 984 Updates the formula for the levy of the 1.25% sales tax on motor vehicles when the purchase includes a trade-in vehicle

$(9.36)

$(14.04)

 

Sales and Use

 

Oklahoma

HB 2335 modifies the definition of product to exclude any hotel or motel that has more than twelve rooms for occupancy as it relates to the sales tax collected by a marketplace facilitator required to collect sales tax

Significant unknown decrease to state revenue

Significant unknown decrease to state revenue

 

Sales and Use

 

Oklahoma

Tax Revenue=

$(165.21)

$(228.74)

 

 

 

Oregon

New R&D tax credit for businesses in and supporting the semiconductor industry

$-

$(24.80)

1/1/2024

Corporate Income

 

Oregon

Child tax credit

$(35.20)

$(36.30)

1/1/2023

Personal Income

 

Oregon

Tax credit repeal

$13.70

$-

 

Personal Income

 

Oregon

Extend/Modify EZ programs

$-

$-

7/1/2025

Property Tax

 

Oregon

Expand Farm Processing M&E exemption

$-

$(4.70)

7/1/2024

Property Tax

 

Oregon

Multi-unit housing exemptions

$(2.50)

$(3.80)

10/1/2023

Property Tax

 

Oregon

Increase threshold for exemption due to minor construction

$(0.90)

$(1.00)

7/1/2024

Property Tax

 

Oregon

Created an additional exclusion from the Estate Tax

$(0.60)

$(7.40)

7/1/2023

Miscellaneous

 

Oregon

2-yr extension of timber harvest tax

$6.60

$13.30

1/1/2024

Miscellaneous

 

Oregon

Created an additional phone tax for 988 services

$6.50

$26.40

1/1/2024

Sales and Use

 

Oregon

Tax Revenue=

$(12.40)

$(38.30)

 

 

 

Oregon

Various DMV fee increases

$6.30

$12.70

10/1/2023

 

Motor Vehicle/Driving Fees

Oregon

Non-Tax Revenue=

$6.30

$12.70

 

 

 

Oregon

Revenue Total=

$(6.10)

$(25.60)

 

 

 

Pennsylvania

Continuation of a multi-year CNIT tax rate reduction*

$(603.90)

$(941.20)

 

Corporate Income

 

Pennsylvania

Annually increases the income thresholds to make required quarterly estimated payments for PA taxpayers that earn income not subject to employer withholdings. This change does not impact the tax rate of the state Personal Income Tax, but it does impact the cash flow of PIT payments from these individuals for a given fiscal year since they will be able to hold onto their money for longer and make one annual payment in April when taxes are due rather than make four payments during the tax year.

$13.70

$7.90

 

Personal Income

 

Pennsylvania

* The estimated reduction in revenues is only reflective of the impact the reduced rate will have on CNIT collections - these reductions are partially offset with expanded addback provisions enacted in 2022. The combined fiscal impacts with factoring in the expanded base are revenue reductions of $334.1 million in 2023/24 and $634.1 million in 2024/25.

 

 

 

 

 

Pennsylvania

Tax Revenue=

$(590.20)

$(933.30)

 

 

 

Rhode Island  State EITC from  15% to 16% of the federal credit still 100% refundable   $(1.10) $(2.30) 1/1/2024 Personal Income  
Rhode Island  gross earnings tax on electricity and gas is temporarily paused from Dec. 2023- March 2023 $(35.60) $-    12/1/2023 Sales and Use  
Rhode Island  Establishes 5 year State Low Income Housing Tax Credit program and an account/fund from which the credits can be redeemed/reimbursed. (applies to several  tax types) Indeterminate Indeterminate    Miscellaneous  
Rhode Island  Tax Revenue= $(36.70) $(2.30)      
Rhode Island  Hospital licensing fee is updated to include 3 tiers with differing fees based on inpatient and outpatient net patient-services revenue (related expenses increased more than fee generates) $33.30   $33.30  7/1/2023   Miscellaneous
Rhode Island  Non-Tax Revenue= $33.30   $33.30       
Rhode Island  Revenue Total= $(3.40) $31.00       

Tennessee

Sales tax credit for automobile dealers for unpaid balances

$(1.00)

$(1.00)

7/1/2023

Sales and Use

 

Tennessee

Regulates the production, sale and purchase of certain cannabinoids. Creates a sales tax of 6% on such products, in addition to the regular sales tax.

$12.00

$12.00

7/1/2023

Sales and Use

 

Tennessee

Expands eligibility for certified distribution sales election. Phased in over 3 years. (FY26 impact: -$89.27)

$(7.17)

$(46.46)

7/1/2023

Corporate Income

 

Tennessee

Tax credit for employers paying paid family leave, can be carried forward to subsequent years. Impacts through FY30.

$(7.32)

$(26.94)

1/1/2024

Corporate Income

 

Tennessee

Conforms state excise tax law regarding depreciation of certain assets with the federal Tax Cuts and Jobs Act of 2017, allowing accelerated depreciation of assets. (Negative impacts through FY27, positive impacts to state revenue in FY28 thru FY38)

$(64.00)

$(131.20)

7/1/2023

Corporate Income

 

Tennessee

Establishes a $500,000 property exemption for franchise tax.

$(20.40)

$(51.00)

1/1/2024

Corporate Income

 

Tennessee

Establishes a $50,000 standard deduction for excise tax.

$(37.80)

$(94.50)

1/1/2024

Corporate Income

 

Tennessee

Adjusts the apportionment formula for determining net worth for franchise taxes to a single sales factor that will be phased in over a three-year period. (FY26 impact: +$186.7, FY27 impact: +$227.8)

$16.80

$91.99

1/1/2024

Corporate Income

 

Tennessee

Extends business tax exemption for good sold from a manufacturing location to goods sold at certain other locations.

$(1.60)

$(2.00)

7/1/2023

Corporate Income

 

Tennessee

Increases, from $50,000 to $100,000, the minimum threshold of compensation earned from contracts for various types of work in a county or incorporated municipality that requires a business to file a business tax return in that location.

$(7.92)

$(9.89)

7/1/2023

Corporate Income

 

Tennessee

Tax Revenue=

$(401.24)

$(271.54)

 

 

 

Tennessee

PC423, regulates the production, sale and purchase of certain cannabinoids. Requires licensing for suppliers/retailers.

$1.10

$1.10

7/1/2023

 

Miscellaneous

Tennessee

Non-Tax Revenue=

$1.10

$1.10

 

 

 

Tennessee

Revenue Total=

$(400.14)

$(270.44)

 

 

 

Texas

Exempted several family care items such as diapers, baby wipes, wound care dressings, feminine hygiene products, breast milk pumping products, baby bottles, and maternity clothing from the sales and use tax

$(108.81)

$(126.13)

9/1/2023

Sales and Use

 

Texas

The total revenue below which a taxable entity is not required to pay franchise tax was increased to $2.47 million

$(300.00)

$(300.00)

9/1/2023

Miscellaneous

 

Texas

Total revenue exclusion from the franchise tax liability computation for qualifying broadband grants was created

$(4.50)

$(4.50)

9/1/2023

Miscellaneous

 

Texas

Increased homestead exemption for school district property taxes to $100k, reduced school district property tax rates by 10.7 cents per $100 of taxable value, and created a circuit breaker program for non-residential property

$(6,100.00)

$(6,600.00)

9/1/2023

Property Tax

 

Texas

Tax Revenue=

$(6,513.31)

$(7,030.63)

 

 

 

Texas

Created a new fee for the annual registration of an electric vehicle

$79.54

$124.50

9/1/2023

 

Motor Vehicle/Driving Fees

Texas

Increased the fee to enter a sexually oriented business

$13.15

$14.40

9/1/2023

 

Recreation Fees

Texas

Non-Tax Revenue=

$92.69

$138.90

 

 

 

Texas

Revenue Total=

$(6,420.62)

$(6,891.73)

 

 

 

Utah

Reduced corporate income tax rate. (H.B. 54)

$(475.40)

$(480.60)

5/3/2023

Corporate Income

 

Utah

Reduced personal income tax rate. (H.B. 54)

5/3/2023

Personal Income

 

Utah

Expanded social security tax credit eligibility to individuals earning up to $75,000 annually. (H.B. 54)

5/3/2023

Personal Income

 

Utah

Provided tax benefit to pregnant women allowing them to claim double dependent for children in the year of birth. (H.B. 54)

5/3/2023

Personal Income

 

Utah

Increased the earned income tax credit from 15% to 20% of the federal credit.(H.B. 54)

5/3/2023

Personal Income

 

Utah

Removed sales tax rate of 1.75% on food and food ingredients beginning January 1, 2025 (H.B. 54)

$(83.80)

$(211.10)

5/3/2023

Sales and Use

 

Utah

Enacted refundable and nonrefundable adoption tax credit (H.B. 130)

$(2.50)

$(2.67)

5/3/2023

Personal Income

 

Utah

Revises child tax credit. (H.B. 170)

$-

$(9.63)

1/1/2024

Personal Income

 

Utah

Decrease fuel tax rate to 34.5 cents per gallon, and then increase to as much as 42 cents in 2028 onwards. (H.B. 301)

-23.5831 M

$(17.43)

1/1/2024

Motor Fuel

 

Utah

Sales tax exemption for sand, gravel, rock aggregate, or cement products between common owned or controlled businesses.(S.B. 235)

$(2.40)

$(2.70)

7/1/2023

Sales and Use

 

Utah

Tax Revenue=

$(88.70)

$(243.53)

 

 

 

Vermont

Adoption of a new payroll tax to support additional state support for childcare

$-

$81.90

7/1/2024

Miscellaneous

 

Vermont

Increase in the cap on purchase and use tax for trucks

$0.85

$1.70

1/1/2024

Sales and Use

 

Vermont

Tax Revenue=

$0.85

$83.60

 

 

 

Vermont

19.8% increase to most motor vehicle fees

$8.00

$20.40

1/1/2024

 

Motor Vehicle/ Driving Fees

Vermont

Increase in corporate filing fees in the Secretary of State's Office

$1.80

$1.80

6/20/2023

 

Miscellaneous Fees

Vermont

Increase in professional licensing fees

$1.74

$1.74

6/20/2023

 

Miscellaneous Fees

Vermont

Non-Tax Revenue=

$11.54

$23.94

 

 

 

Vermont

Revenue Total=

$12.39

$107.54

 

 

 

Virginia

HB 1595 advances the date of conformity to the Internal Revenue Code to allow the state to conform with the IRA as well as other federal tax-related provisions. Clarifies that the deduction for educator expenses would become effective upon passage

$23.40

$28.60

4/12/2023

Personal Income

 

Virginia

HB 1 provided an income tax rebate up to $200 for single filers, or up to $400 for married taxpayers filing a joint return.

$(906.00)

 

9/14/2023

Personal Income

 

Virginia

HB 2387 establishes a nonrefundable tax credit up to $300 for costs incurred to purchase firearm safety devices.

Up to -$5

Up to -$5

1/1/2023

Personal Income

 

Virginia

Increases the amount a taxpayer can claim, as well as the maximum cap, associated with the Livable Home Tax Credit

Up to -$1

Up to -$1

1/1/2023

Personal Income

 

Virginia

Revenue Total=

$(888.60)

$22.60

 

 

 

Washington

Extends retail sales and use tax exemptions on purchases and use of hog fuel to generate electricity, steam, heat, or biofuel to June 30,2034.

 

$(1.82)

7/23/2023

Sales and Use

 

Washington

Exempts all leasehold interests in the public or enteriainment areas of any areana from the leasehold excise tax under the following conditions:
The venue has a seating capcity of more than 4,000.
The venue is located on city-owned land.
The venue is located in a city with a population greater than 100,000.
Any funding for construction upgrades to the venue are 100% the responsibility of private entities and not reimbursed by the public owner.

$(0.90)

$(1.50)

10/1/2023

Miscellaneous

 

Washington

Clarifies statutory provisions administered by the department of revenue relating to periodic adjustments. Adjustments include the following:
Updates the limit on surplus property value that port districts may sell for the Seattle area.
Updates the method of determining the value oof refinery fuel when calculate the amount of use tax due on the gas.
Clarifies inflation adjustments to the hazardous substance tax on petroleum products is permanent and cumulative.

$(1.31)

$(0.34)

7/23/2023

Miscellaneous

 

Washington

Exempts food, drink, or meals furnished by a senior living community to tenants from retail sales and use tax on food.

$(1.27)

$(1.51)

7/23/2023

Sales and Use

 

Washington

Exempts up to $8 million qualified telecommunications infrastructure projects involving a federally recognized Indian tribe.

$(1.27)

$(2.54)

7/1/2023

Sales and Use

 

Washington

Expands business and occupation tax deduction for federal funds received from a Medicaid transformation or demonstration project or Medicaid qualify improvement program/standard.

$(3.30)

$(6.80)

7/23/2023

Corporate Income

 

Washington

Revenue Total=

$(8.05)

$(14.51)

 

 

 

West Virginia

H.B. 2526 Personal income tax rate reduction over 3 years

$(1,084.50)

$1,229.60

1/1/2023

Personal Income

 

West Virginia

Tax Revenue=

$(1,084.50)

$1,229.60

 

 

 

Wisconsin

Tax Rate Reductions to Bottom Two Brackets

$(86.80)

$(87.80)

Tax Year 2023

Personal Income

 

Wisconsin

Income Exclusion for Banks

$(35.90)

$(29.43)

Tax Year 2023

Corporate Income

 

Wisconsin

Apportionment for Broker Dealers

$(3.50)

$(3.50)

Tax Year 2023

Corporate Income

 

Wisconsin

Increase Retailer's Discount

$(15.50)

$(21.10)

10/1/2023

Sales and Use

 

Wisconsin

Increase Manufacturer's Discount Rate

$(1.40)

$(1.80)

10/1/2023

Cigarette and Tobacco

 

Wisconsin

Increase Refundable Portion of Research Credit

$-

$(3.50)

Tax Year 2024

Corporate Income

 

Wisconsin

Increase Net Capital Loss Limit

$(12.90)

$(12.90)

Tax Year 2023

Personal Income

 

Wisconsin

Capital Gains Exclusion for Opportunity Zones

$(4.50)

$(4.50)

Tax Year 2020

Personal Income

 

Wisconsin

Broadband Exclusion for Telephone Companies

$(3.20)

$(6.70)

Assessment Year 2021

Property Tax

 

Wisconsin

Tax Revenue=

$(163.70)

$(171.23)

 

 

 

Wisconsin

Increase Nonresident Deer Hunting License

$2.47

$2.47

7/1/2023

 

Recreation Fees

Wisconsin

Public Library System Aid

$2.00

$4.00

7/1/2023

 

Miscellaneous Fees

Wisconsin

Increase EV Registration Fee

$1.18

$2.11

10/1/2023

 

Motor Vehicle/Driving Fees

Wisconsin

Newborn Screening Card Fee

$4.60

$4.60

7/7/2023

 

Miscellaneous Fees

Wisconsin

Driver Improvement Surcharge

$0.88

$1.75

7/7/2023

 

Miscellaneous Fees

Wisconsin

Technology Education Achievement Program

$(3.70)

$(3.70)

7/1/2023

 

Miscellaneous Fees

Wisconsin

Non-Tax Revenue =

$7.43

$11.23

 

 

 

Wisconsin

Revenue Total=

$(156.27)

$(160.00)

 

 

 

Wyoming

No Significant Tax Changes

 

 

 

 

 

 

2022
Jurisdiction Description FY 2023 (milions) FY 2024 (millions) Effective Date Revenue Type Fee Type
Alabama  Adjustments to range allowable for maximum  dependent exemption; adjusted gross income floor for optional standard deduction; and minimum and maximum  standard deduction for taxpayers -$17.23 -$17.23 4/11/2022 Personal Income  
Alabama  Income Tax Credits for Adoption  $0.00 -$3.80 1/1/2023 Personal Income  
Alabama  Railroad tax credit for qualified railroad rehabilitation expenditures
- Increases the annual cap on income tax credits;
- Extends the sunset date for five years through tax year 2027
-$3.70 -$4.50 1/1/2023 Corporate Income  
Alabama  Minimum Business Privilege Tax reductions/elimination -$12.00 -$23.00 1/1/2023 Miscellaneous  
Alabama  Exemption for retirement income $0.00 -$28.20 1/1/2023 Personal Income  
Alabama  Income tax credit for firefighters $0.00 -$3.60 1/1/2023 Personal Income  
Alabama  Exemption of tangible business personal property from state ad valorem tax $0.00 -$4.37 10/1/2023 Property Tax  
Alabama  Extension of private hospital assessment set to expire in 2022 $0.00 $0.00 10/1/2022 Health Care Related  
Alabama  Exclusion of enhanced federal child tax credits from American Rescue Plan Act from calculation of federal income tax deduction for tax year 2021 $0.00 $0.00 1/1/2022 Personal Income  
Alabama  Tax Revenue= -$32.93 -$84.70      
Alabama  Change in distribution of Insurance Fees from State General Fund to Center for Risk and Insurance Fund -$1.50 -$1.50 7/1/2022   Miscellaneous
Alabama  Non-Tax Revenue= -$1.50 -$1.50      
Alabama  Revenue Total= -$34.43 -$86.20      
Alaska Alaska's Fisheries Business Tax levies a tax on the value of fish (and other fisheries product) either processed in Alaska or exported out of Alaska. A credit to incentivize salmon and herring processing expired on 12/31/2020. Legislation enacted on 7/7/2022 restores the credit. The credit allows applicants to apply 50% of qualified capital investments against their tax liability, reducing their tax liablity by a maximum of 50%. -$1.60 -$3.00 7/7/2020 Miscellaneous  
Alaska The existing $2.50/gallon tax on wine is extended to direct shippers of alcoholic beverages who do not have a physical presence in the state. Previously, the tax only applied to businesses with a physical presence in the state. Total FY21 wine tax collections were $5.9 million. The state does not have data on wine direct shipments, so it's unclear how much additional revenue will be collected. Indeterminate Indeterminate  1/1/2023 Alcoholic Beverages   
Alaska  Electronic smoking products, previously untaxed, would be taxed at 25% of wholesale price. This legislation has been passed by the legislature, but it has not yet been transmitted to the Governor and is still subject to the Governor's veto power. $0.60 $1.20 1/1/2023 Cigarette and Tobacco  
Alaska  Tax Revenue= -$1.00 -$1.80      
Alaska  Non-Tax Revenue= $0.00 $0.00      
Alaska  Revenue Total= -$1.00 -$1.80      
Arizona  Due to FY 2022 total General Fund revenues exceeding a "trigger" level enacted in 2021, the tax rates will be reduced from 2.55%/2.98% in TY 2022 to 2.53%/2.75% in TY 2023. (Future reduction to a flat rate of 2.5% is contingent on GF revenues exceeding a specific trigger level.) -$1,273.70 -$371.10 1/1/2023 Personal Income   
Arizona  Increases the credit cap for donations to charities and foster care organizations -$1.00 -$2.00 1/1/2022 Personal Income  
Arizona Diverts state sales tax revenues to cities/counties to pay for public infrastructure improvements for manufacturing facilities -$50.00   9/24/2022 Sales and Use  
Arizona Indexes the value of aircraft subject to the aircraft license tax to inflation -$1.90 -$1.00 7/1/2021 Miscellaneous  
Arizona Tax Revenue= -$1,326.60 -$374.10      
Arizona Non-Tax Revenue= $0.00 $0.00      
Arizona Revenue Total= -$1,326.60 -$374.10      
Arkansas Create Arkansas Wood Energy Products and Forest Maintenance income tax credit -$5.00 -$5.00 7/1/2021 Corporate Income  
Arkansas provide a reduced sales/use tax rate for certain used motor vehicles -$9.30 -$9.30 7/1/2021 Sales and Use  
Arkansas Expand "instructional materials" for purposes of sales tax exemption -$2.59 -$2.58 7/1/2021 Sales and Use  
Arkansas Sales tax exemptions for items sold for use in printing -$2.40 -$2.40 7/1/2021 Sales and Use  
Arkansas Expand sales tax holiday to certain electronic devices -$1.10 -$1.10 7/1/2021 Sales and Use  
Arkansas Sales tax exemption for water used in poultry farming -$1.60 -$1.60 7/1/2021 Sales and Use  
Arkansas Low Income Tax Credit -$19.60 -$19.60 7/1/2021 Personal Income  
Arkansas Standard Deduction Increased by CPI -$4.00 -$6.00 7/1/2021 Corporate Income  
Arkansas Graduated reductions to Personal Income Tax, and combining Lower and Middle tax tables with cliff adjustments -$274.30 $0.00 1/1/2023 Personal Income  
Arkansas Graduated reductions to Personal Income Tax, and combining Lower and Middle tax tables with cliff adjustments $0.00 -$329.10 1/1/2024 Personal Income  
Arkansas Graduated reductions to Corporate Income Tax -$9.50   1/1/2023 Corporate Income  
Arkansas Graduated reductions to Corporate Income Tax   -$28.50 1/1/2024 Corporate Income   
Arkansas Tax Revenue= -$329.39 -$405.18      
Arkansas Non-Tax Revenue= $0.00 $0.00      
Arkansas Revenue Total= -$329.39 -$405.18      
California  Addition EITC for foster youth -$19.00 -$20.00 1/1/2022 Personal Income  
California  Extend Young Child Tax Credit to households with zero income -$55.00 -$55.00 1/1/2022 Personal Income  
California  Index Young Child Tax Credit to inflation -$14.00 -$43.00 1/1/2023 Personal Income  
California  Conformity to Federal Tax Treatment of Shuttered Venue Operator Grants  -$49.00 -$39.00 1/1/2020 Corporate Income  
California  Conformity to Federal Tax Treatment of Restaurant Revitalization Fund Grants  -$95.00 -$75.00 1/1/2020 Corporate Income  
California  Conformity to Federal Tax Treatment of Late PPP Loans -$160.00 -$65.00 1/1/2020 Corporate Income  
California  Diesel Sales Tax Pause -$327.00 -$112.00 7/1/2022 Sales and Use  
California  Tax Credits for Certain Cannabis Businesses $0.00 -$40.00 1/1/2023 Corporate Income  
California  Eliminate Limits on NOLs and business credits previously enacted as a budget solution -$3,500.00 $170.00 1/1/2022 Corporate Income   
California  Tax Revenue= -$4,219.00 -$279.00      
California  Reduced civil assessment penalty for failing to pay criminal fines/fees or to appear without good cause -$67.00 -$67.00 7/1/2022   Court Fees
California  One-time civil assessment penalty waiver -$10.00 $0.00 7/1/2022   Court Fees
California  Increased ways for lower-income individuals to qualify for automatic civil fee waivers -$18.00 -$18.00 7/1/2022   Court Fees
California  Elimination of 17 criminal justice-related fees, 5 of which impacted the judicial branch -$10.30 -$10.30 7/1/2022   Court Fees
California  2023 CPI increase to Liquor License Fees (4.69%) $1.91 $3.82 1/1/2023   Miscellaneous Fees
California  2022-23 Banks and Industrial Banks Assessment. The rate for this assessment decreased, but the assets that the rate is calculated against increased resulting in an overall revenue increase. This assessment is determined annually and does not impact FY 2024, therefore it is recorded as N/A. $6.63 N/A     Miscellaneous Fees
California  Certifications and accreditation fees: SB 1076 (bill awaiting action by Governor) adds section 105250.5 to the Health and Safety Code, establishing new fees to cover the costs of developing, administering, and enforcing the standards and regulations of the Renovation, Repair and Painting Program. These new fees are to be deposited into the pre-existing Lead-Related Construction Fund.  N/A - fees would not be in effect yet. (+) TBD (+)     Miscellaneous Fees
California  Processed Food Registration: Fees were increased for the Food Safety Fund by 14.60%, as permitted by California Health and Safety (H&S) Code Section 100425, through the Budget Act of 2021 (AB 128). (Fees for the Processed Food Registration vary depending on the facility location, type of operation (manufacturing vs. storing), the number of employees, and square footage.) $1.15 $0.00 7/1/2022   Miscellaneous Fees
California  Industrial Hemp Enrollment and Oversight Authorization - Manufacturers: The Industrial Hemp Enrollment and Oversight Authorization fund was established to implement requirements from Assembly Bill (AB) 45. (Fees for this Program are determined by Gross Annual Sales, through a tiered system. Fees were established in 2021-22 and implemented in 2022-23 and ongoing.) TBD - new program (+) TBD - new program (+) 7/5/2022   Miscellaneous Fees
California  Industrial Hemp Enrollment and Oversight Authorization - Extractors: The Industrial Hemp Enrollment and Oversight Authorization fund was established to implement requirements from Assembly Bill (AB) 45. (*Fees for this Program are determined by Gross Annual Sales, through a tiered system. Fees were established in 2021-22 and implemented in 2022-23 and ongoing.) TBD - new program (+) TBD - new program (+) 7/5/2022   Miscellaneous Fees
California  Vital Records Certificate Fees: Fee increase, as permitted by Health and Safety Code 100425, through the Budget Act of 2021 (AB 128), which resulted in a $14.3% fee increase for Vital Records.  $1.70 $1.70 1/1/2022   Miscellaneous Fees
California  Non-Tax Revenue= -$93.91 -$89.78      
California  Revenue Total= -$4,312.91 -$368.78      
Colorado  SB 22-124 allows pass-through businesses to pay state income tax at the entity level in order to access a federal SALT deduction for doing so $0.00 $0.00 1/1/2018 Personal Income N.A.
Colorado  HB 22-1205 creates a refundable, means-tested income tax credit for seniors who do not quailfy for the state's homestead exemption program -$100.00 $0.00 1/1/2022 Personal Income N.A.
Colorado  HB 22-1051 extends the state income tax credit for affordable housing developers $0.00 $0.00 1/1/2024 Personal Income N.A.
Colorado  HB 22-1010 creates a refundable credit for early childhood educators -$19.00 $13.70 1/1/2022 Personal Income N.A.
Colorado  HB 22-1083 replaces and extends a credit for projects to address homelessness -$2.60 -$6.10 1/1/2023 Personal Income  
Colorado  HB 22-1392 expands and extends the tax credit for brownfields remediation -$4.50 -$5.00 1/1/2023 Personal Income  
Colorado  HB 22-1149 extends the advanced industry investment credit -$1.10 -$2.90 1/1/2023 Personal Income  
Colorado  SB 22-051 creates an income tax for purchases of heat pump systems -$1.60 -$3.30 1/1/2023 Personal income  
Colorado  SB 22-233 changes how the FY 2021-22 state TABOR surplus is refunded to taxpayers, giving an equal amount (tentatively $400) to each full-year resident individual $0.00 $0.00 1/1/2022 Personal income  
Colorado  SB 22-006 increases the sales tax vendor allowance for low-volume retailers -$2.50 -$2.80 1/1/2023 Sales and Use  
Colorado  HB 22-1406 creates a sales tax deduction for food service businesses -$39.30 $0.00 7/1/2022 Sales and Use  
Colorado  HB 22-1055 exempts menstrual and incontinence products from the state sales tax -$5.20 -$11.00 1/1/2023 Sales and Use  
Colorado  HB 22-1391 changes calculation of the largest state severance tax credit $0.00 $0.00 1/1/2025 Miscellaneous  
Colorado  SB 22-238 reduces property tax assessment rates for the 2023 and 2024 property tax years $0.00 $0.00 1/1/2023 Property Tax  
Colorado  HB 22-1006 exempts childcare facilities from property tax $0.00 $0.00 1/1/2023 Property Tax  
Colorado  HB 22-1223 exempts certain mobile homes from property tax $0.00 $0.00 1/1/2022 Property Tax  
Colorado  HB 22-1301 requires greenhouses to be treated as agricultural rather than commercial property     1/1/2023 Property Tax  
Colorado  SB 22-220 expands the state property tax deferral program $0.00 $0.00 1/1/2022 Property Tax  
Colorado  Tax Revenue= -$175.80 -$17.40      
Colorado  HB 22-1351 postpones new fees on motor fuel that were scheduled to be enacted in SB 21-001 -$61.50 -$17.00 7/1/2022   Motor Vehicle/Driving Fees 
Colorado  Non-Tax Revenue= -$61.50 -$17.00      
Colorado  Revenue Total= -$237.30 -$34.40      
Connecticut Accelerate (from tax year 2025 to tax year 2022) the 100% exemption for certain pensions/annuities income. Current law, unaffected by the acceleration, limits this exemption to taxpayers whose income falls under certain AGI thresholds. -$42.90 -$29.30 1/1/2022 Personal Income  
Connecticut Adjust the property tax credit amount (Increase from $200 max to $300 max)  -$60.00 -$60.00 1/1/2022 Personal Income  
Connecticut Restore eligibility for a property tax credit  -$53.00 $0.00 1/1/2022 Personal Income  
Connecticut Extend the gas tax holiday  -$150.00 $0.00   Motor Fuel  
Connecticut Enact a 2022 child tax rebate  -$125.00 $0.00   Personal Income  
Connecticut Establish a tax credit for the birth of a stillborn child -$0.30 -$0.30 1/1/2022 Personal Income  
Connecticut Authorize an assistance agreement with an eligible aerospace company that intends to take on a qualifying helicopter production project in Connecticut.  -$6.30 -$6.30   Sales and Use   
Connecticut Expand the student loan credit  -$9.40 -$9.90 1/1/2022 Corporate Income  
Connecticut  Extend the manufacturing apprenticeship tax credit to pass-through entities  -$5.00 -$5.00 1/1/2022 Corporate Income  
Connecticut  Establish a "Jobs CT" tax rebate program related to job creation by certain types of employers  $0.00 $0.00 1/1/2023 Corporate Income  
Connecticut Provide tax amnesty for certain insurers  $7.50 $0.20 7/1/2022 Miscellaneous  
Connecticut  Repeal the ambulatory surgical center tax  -$18.00 -$9.40 7/1/2022 Miscellaneous  
Connecticut  Extend the repeal of the admissions tax to include movie heatres  -$2.50 -$5.00 7/1/2022 Miscellaneous   
Connecticut  Restore an extension for goods and services purchased by certain private, investor-owned water companies  -$3.40 -$3.40 7/1/2022 Sales and Use  
Connecticut Create a municipal utilities exemption from the state's gross receipts tax on natural gas -$1.30 -$1.30 7/1/2022 Miscellaneous  
Connecticut Extend manufacturing-related sales tax exemption to wine makers $0.00 -$0.50 7/1/2023 Sales and Use   
Connecticut  Reimburse beer and manufacturers for retroactive payments remitted to the Commissioner of the DRS on sales and use tax on certain manufacturing-related purchases $0.00 -$2.30   Sales and Use  
Connecticut  Expand motor fuel tax rebate to include EMS systems -$0.50 -$0.50 7/1/2022 Motor Fuel   
Connecticut Tax Revenue= -$470.10 -$133.00      
Connecticut Non-Tax Revenue= $0.00 $0.00      
Connecticut Revenue Total= -$470.10 -$133.00      
Delaware SB-188- Excludes up to $12,500 in military retirement pay from PIT -$1.40 -$1.10 8/1/2022 Personal Income  
Delaware  SB-189 Increases tax credit for volunteer fire service members from $500 to $1,000 -$1.80 -$1.80 6/14/2022 Personal Income  
Delaware Senior property tax credit increased from max of $400/year to $500/year -$4.70 -$4.70 7/1/2022 Property Taxes  
Delaware  HB-285 Exempts unemployment compensation benefits recievedd in calendar year 2021 from the definition of adjusted gross income for Delaware personal income tax purposes -$6.30   1/27/2022 Personal Income  
Delaware  Tax Revenue= -$14.20 -$7.60      
Delaware  HB-244 Prohibits courts from imposing fines and fees for certain defendants  -$1.95 -$1.95 8/1/2022    
Delaware  Non-Tax Revenue= -$1.95 -$1.95      
Delaware  Revenue Total= -$16.15 -$9.55      
District of Columbia Earned Income Tax Credit Expansion Amendment Act of 2022. Expanded DC EITC to DC residents that are noncitizens or resident aliens of the US $0.00 -$1.80 Tax Year 2023 Personal Income  
District of Columbia Seniors and Individuals with Disabilities Real Property Tax Increase Limit Amendment Act of 2022.  Changed formula for taxable value increases of residential property taxes for seniors and individuals with disabilities.  -$0.88 -$1.80 10/1/2022 Property Tax  
District of Columbia Tax Abatements for Housing in Downtown Amendment Act of 2022.  Provides incentives for downtown commercial to residential conversions. $0.00 -$2.50 Tax Year 2024 Property Tax  
District of Columbia Tax Revenue= -$0.88 -$61.06      
District of Columbia Motor Vehicle Registration Fee Amendment Act of 2022. Increase of fees across all vehicle classes. New class for extremely heavy vehicles (e.g. 6,000+ lbs for passenger vehicles). New 1,000 pound weight deduction for electric vehicles. $2.31 $9.21 Various. Existing classes 10/1/2022. New classes 9/30/2023. Weight Deduction 10/1/2023.   Motor Vehicle/Driving Fees 
District of Columbia Sustainable Energy Trust Fund Amendment Act of 2022.  Planned reduction in surcharge on electric providers was repealed.   $1.10 $2.25 10/1/2022   Miscellaneous
District of Columbia Non-Tax Revenue= $3.41 $11.46      
District of Columbia Revenue Total= $2.53 -$49.60      
Florida            
Florida Tax Revenue= $0.0        
Florida Non-Tax Revenue=          
Florida Revenue Total= $0.0        
Georgia  Gradual income tax reduction  $0.00 $420.00 1/1/2024 Personal Income  
Georgia  Tax credit for employers that provide paid leave for organ donors $1.20 $0.00   Corporate Income   
Georgia  maximum credit allowed for any project other than historic homes once again equals $300,000 $0.10 $4.20   Property Tax  
Georgia  increases the tax credit that can be claimed by individual income tax payers for donations made to student scholarship organizations $1.20 $1.20 1/1/2022 Personal Income   
Georgia  taxpayers who are under the age of 62 to exclude certain amounts of military retirement income from Georgia income taxation $16.80 $21.30   Personal Income   
Georgia  Income Tax rebate  $1,100.00 $0.00 3/23/2022 Personal Income   
Georgia  Extension of five sales tax exemptions for sales of tickets, fees, or charges for fine arts performances or exhibitions at certain facilities owned or operated by certain organizations with a specific mission. $13.30 $1.30 5/10/2022 Sales and Use  
Georgia   income tax credit to recruit and retain teachers who teach in qualifying
rural or low-performing schools in high-need subject areas
$1.10 $2.05 7/1/2021 Personal Income  
Georgia  Tax Revenue= $1,131.3 $441.7      
Georgia  Non-Tax Revenue= $0.0 $0.0      
Georgia  Revenue Total= $1,131.3 $441.7      
Hawaii  EITC refundable; permanent  -$47.10 -$48.40 Tax year 2022 Personal Income  
Hawaii  Tax Revenue= -$47.10 -$48.40      
Hawaii  Non-Tax Revenue= $0.00 $0.00      
Hawaii  Revenue Total= -$47.10 -$48.40      
Idaho  Rate reduction and bracket consolidations  -$233.20 -$262.40 1/1/2022 Personal Income   
Idaho Rate reduction -$27.30 -$30.10 1/1/2022 Corporate Income  
Idaho  Tax Revenue= -$260.50 -$292.50      
Idaho  Increase hospital Assessments for upper payment limit Medicaid reimbursement  $66.00 $66.00 7/1/2022   Miscellaneous Fees
Idaho  Non-Tax Revenue= $66.00 $66.00      
Idaho  Revenue Total= -$194.50 -$226.50      
Illinois  No survey received.          
Indiana Affordable workforce housing state tax credit. $0.00 $2.10 1/1/2024 Corporate Income  
Indiana Individual Income Tax rate reduction - based on certain revenue growth and pension fund threshold being met. -$87.40 -$181.50 1/2/2023 Personal Income  
Indiana Repeals Utility Receipts Tax $212.70 $222.90 7/1/2022 Miscellaneous  
Indiana Existing credit was 20% of a taxpayer's contribution to a 529 College Savings Account, up to a maximum credit of $1,000 annually. This change increases the maximum credit to $1,500 annually. $0.00 -$28.10 1/1/2023 Personal Income  
Indiana Creats a new stand-alone credit for contributions to Indiana ABLE 529A accounts for individuals with disabilities. The tax credit is nonrefundable, and is equal to 20%  of the total taxpayer contribution to the ABLE account up to a maximum credit of $500 annually. The revenue impact will begin in FY 2025. $0.00 $0.00 1/1/2024 Personal Income  
Indiana SEA 382 reduced the tax rate (percentage of wholesale price) on closed system cartridges. -$1.6 M to -$2.8 M -$1.6 M to -$2.8 M 7/1/2022 Cigarette and Tobacco  
Indiana (Enacted in 2021) Increased maximum amount of school scholarship tax credit that may be awarded from $16.5M annually to $17.5M in FY 2022 and $18.5M in FY 2023, before returning the annual cap to $16.5M in FY 2024 and moving forward.  Indeterminable  Indeterminable 7/1/2022 Personal Income  
Indiana SEA 361 provided an aggregate tax cap limit of $300 M for all taxpayers for the following tax credits: Hoosier Business Investment, Economic Development for a Growing Economy (EDGE), Headquarters Relocation, Community Revitalization Enhancement District, Redevelopment, and Film and Media Production Indeterminable  indeterminable 7/1/2022 Corporate Income  
Indiana SEA 361 provided for the establishment of Innovation Development Districts which would capture incremental revenue from Personal Income Tax and Sales Tax Indeterminable indeterminable 7/1/2022 Personal Income  
Indiana SEA 361 provided for the establishment of Innovation Development Districts which would capture incremental revenue from Personal Income Tax and Sales Tax Indeterminable indeterminable 7/1/2022 Sales and Use  
Indiana Tax Revenue= $125.30 $15.40      
Indiana Non-Tax Revenue= $0.00 $0.00      
Indiana Revenue Total= Indeterminable      
Iowa No survey received.          
Kansas Phaseout of state sales tax on food; 4.0%-1/1/23; 2.0% 1/1/24; 0.0% 1/1/25; also sunsets food sales tax credit 12/31/24 -$77.40 -$252.40 1/1/2023 Sales and Use  
Kansas Targeted Employment Act - 50% credit for wages paid to certain individuals with developmental disabilities -$2.00 -$2.00 1/1/2022 Personal Income  
Kansas Targeted Employment Act - 50% credit for wages paid to certain individuals with developmental disabilities -$3.00 -$3.00 1/1/2022 Corporate Income  
Kansas College Contribution Credit - 60% for contribution to community or technical colleges -$1.00 -$1.00 1/1/2022 Corporate Income   
Kansas College Contribution Credit - 60% for contribution to community or technical colleges -$4.00 -$4.00 1/1/2022 Personal Income  
Kansas Increase residential exemption from statewide school property tax from $20,000 to $40,000 -$42.80 -$44.50 1/1/2022 Property Tax  
Kansas Shortline Railroad Infrastructure Credit -$4.35 -$4.35 1/1/2022 Personal Income  
Kansas Shortline Railroad Infrastructure Credit -$4.35 -$4.35 1/1/2022 Corporate Income  
Kansas Aviation and Aerospace Employment Credits -$3.55 -$3.55 1/1/2022 Personal Income  
Kansas Aviation and Aerospace Employment Credits -$4.35 -$4.35 1/1/2022 Corporate Income  
Kansas Teacher Classroom Supplies Credit -$10.40 -$10.40 1/1/2022 Personal Income  
Kansas Homestead Program Expansion - Tax Freeze Circuit Breaker -$6.90 -$14.00 1/1/2022 Personal Income  
Kansas Agricultural Fencing Exemption -$2.60 -$2.60 7/1/2022 Sales and Use  
Kansas Delivery Charges Sales Tax Exclusion $0.00 -$4.80 7/1/2023 Sales and Use  
Kansas Housing Investor Credits -$13.00 -$13.00 1/1/2022 Miscellaneous  
Kansas Low Income Housing Credits $0.00 -$14.40 1/1/2023 Miscellaneous  
Kansas Historic Structure Preservation -$11.30 -$11.30 1/1/2022 Miscellaneous  
Kansas Creation of new economic development incentive (Attracting Powerful Economic Expansion) that, if utilized, would trigger corporation income tax rate reduction of 0.5% for each time used.     7/1/2022 Corporate Income  
Kansas Tax Revenue= -$191.00 -$394.00      
Kansas Sports Betting Legalization  $1.80 $6.00 7/1/2021   Miscellaneous Fees
Kansas Non-Tax Revenue= $1.80 $6.00      
Kansas Revenue Total= -$189.20 -$388.00      
Kentucky Rate Reduction Based on Certain Conditions -$265.00 -$805.50 1/1/2023 Personal Income  
Kentucky Tax on certain services $29.80 $80.30 1/1/2023 Sales and Use  
Kentucky Car and Ride Sharing Tax and Electric powered vehicle tax $7.10 $18.40   Miscellaneous  
Kentucky New tax credit- Revitalization of decontaminated property  -$7.50 -$7.50   Corporate Income  
Kentucky Update to Internal Revenue Code -$7.50 -$10.50   Corporate Income  
Kentucky  Tax Amnesty Program  $101.70 -$42.20 Fall 2022    
Kentucky Tax Revenue= -$141.40 -$767.00      
Kentucky Non-Tax Revenue= $0.00 $0.00      
Kentucky Revenue Total= -$141.40 -$767.00      
Louisiana  Lower rates and elimination of certain large deductions to target state revenue neutrality $1.00 -$0.60 1/1/2022 Personal Income  
Louisiana  Lower rates and compressed income brackets; elimination of certain large deductions to target state revenue neutrality $26.30 $29.20 1/1/2022 Corporate Income  
Louisiana  Corporate Franchise Tax on taxable capital suspended through TY22; Thereafter, no tax on first tier (up to $300,000) and lowered rate on second tier ($300,000+) to target state revenue neutrality -$25.20 -$50.30 1/1/2022 Miscellaneous  
Louisiana  Tax Revenue= $2.10 -$21.70      
Louisiana  Non-Tax Revenue= $0.00 $0.00      
Louisiana  Revenue Total= $2.10 -$21.70      
Maine Newly enacted (reinstated): income tax deduction for contributions to college savings accounts (LD 23) $0.00 -$1.05 1/1/2023 Personal Income  
Maine Newly enacted: sales tax refund for certain energy storage equipment (LD 2030) $0.00 -$2.07 1/1/2023 Sales and Use  
Maine Modification: increase earned income credit (LD 1995, Part E) -$27.61 -$28.52 1/1/2022 Personal Income  
Maine  Modification: make 2021 Property Tax Fairness Credit maximum amount permanent (LD 1995, Part F) -$7.00 -$7.07 1/1/2022 Property Tax  
Maine Newly Enacted - Student Loan Repayment Tax Credit (LD 1995, Part G & H) -$58.66 -$51.29 1/1/2022 Personal Income  
Maine Modification - Increase pension deduction to $25,000 in tax year 2022; $30,000 in tax year 2023; and $35,000 in tax years begininng on or after 1/1/2024 (LD 1995, Part DDD)  -$36.80 -$50.40 1/1/2022 Personal Income  
Maine Tax Revenue= -$130.07 -$140.40      
Maine License fees related to new sports wagering license requirements (LD 585) $1.27 $0.00 8/8/2022   Miscellaneous
Maine Fee on the disposal of construction and demolition debris  disposed of in a landfill (LD 1694)  $0.92 $1.84 1/1/2023   Miscellaneous
Maine Repeal of septage and sludge handling fee (LD 1911) -$3.60 -$3.60 8/8/2022   Miscellaneous
Maine Non-Tax Revenue= -$1.41 -$1.76      
Maine Revenue Total= -$131.48 -$142.16      
Maryland  30-day motor fuel tax holiday on gasoline and clean-burning fuel (36.1 cents per gallon) and diel and special fuel (36.85 cents per gallon) -$93.60 $0.00 3/18/2022 Motor Fuel  
Maryland Nonrefundable credit against State income tax for a resident who is at least age 65 and whose FAGI does not exceed $100,000 ($150,000 if married filing jointly) -$291.20 -$300.80 7/1/2022 Personal Income  
Maryland Nonrefundable credit against State income tax for up to 50% of federal Work Opportunity Tax Credit claimed by employer with respect to qualified individual employed in the State. *Note--Credit may also be claimed against personal income tax -$26.30 $27.30 7/1/2022 Corporate Income  
Maryland Extension of certification period, from June 1, 2022 to June 1, 2024, for More Jobs for Marylanders credit program and alteration of eligibility requirements and available benefits for qualified businesses enrolled beginning June 1, 2022   Revenue reduction to total $138.0 million in fiscal 2025 through 2036. 6/1/2022 Corporate Income  
Maryland Extension of Historic Revitalization Tax Credit Program through fiscal 2031, mandated appropriations required for program, and increase in maximum value of commercial tax credit -$8.00 -$10.00 7/1/2022 Corporate Income  
Maryland Refundable credit against State income tax for 25% of qualified theatrical production costs incurred in the State.     * Note -- May also be claimed against personal income tax -$5.00 -$5.00 7/1/2022 Corporate Income  
Maryland Exemption for ordinary and necessary expenses paid or incurred in carrying on a trade or business as a state licensed medical cannabis grower, processor, or dispensary or any other cannabis establishment licensed by the State.                 * Note -- May also be deducted for purposes of personal income tax calculation -$5.80 -$5.80 6/1/2022 Corporate Income  
Maryland Enhanced enterprise zone property tax credit for certain properties that may be claimed over a 13-year period   Revenue reduction to total $88 million through fiscal 2035 6/1/2022 Property Tax  
Maryland Exemption from the sales and use tax for baby bottles, baby bottle nipples, diapers, diaper rash cream, baby wipes, and infant car seats -$10.40 -$10.60 7/1/2022 Sales and Use  
Maryland Exemption from the sales and use tax for toothbrushes, toothpaste, tooth powders, mouthwash, dental floss, or similar oral hygiene products -$5.40 $5.50 7/1/2022 Sales and Use  
Maryland Exemption from the sales and use tax for certain thermometers, pulse oximeters, blood pressure monitors, facepiece respirators/masks, and diabetic care products -$8.90 -$9.10 7/1/2022 Sales and Use  
Maryland Exemption from the sales and use tax for sale of construction material purchased for use in construction or redevelopment of sports entertainment facility or Blue Line Corridor facility   Revenue reduction to equal $1.5 million in fiscal 2024 through 2026 and $2.7 million in fiscal 2027 once Blue Line Corridor facility construction likely begins 6/1/2022 Sales and Use  
Maryland Reestablishment and expansion of vehicle excise tax credit for purchase of zero-emission plug-in electric drive or fuel cell electric vehicles beginning July 1, 2023 but before July 1, 2027   -$8.25 7/1/2022 Miscellaneous  
Maryland Tax Revenue= -$454.60 -$316.75      
Maryland Extends health insurance provider fee assessment on specified entities through calendar year 2028   $132.80 10/1/2022   Miscellaneous
Maryland Increases the maximum amount, from $16m to $20m, of user fees the Maryland Health Care Commission may assess against hospitals, nursing homes, payors, and health care practitioners. $4.00 $4.00 7/1/2022   Miscellaneous
Maryland Alters the maximum amount of user fees that the Health Services Cost Review Commission may assess on hospitals and related institutions  $3.69 $4.29 7/1/2022   Miscellaneous
Maryland Non-Tax Revenue= $7.69 $141.09      
Maryland Revenue Total= -$446.91 -$175.66      
Massachusetts No survey received.          
Michigan  Exempts feminine hygiene products; newly enacted $6.30 $6.30 2/3/2022 Sales and Use  
Michigan  Provides deduction for certain wagering losses; newly enacted $12.00 $12.30 12/27/2021 Personal Income  
Michigan  Legislated inflationary adjustment to motor fuel prices; enacted during a prior session $66.90 $72.70 1/1/2023 1/1/2024 Motor Fuel   
Michigan Legislated inflationary adjustment to the personal exemption; enacted during a prior session $63.00 $90.00 1/1/2023 1/1/2024 Personal Income  
Michigan Tax Revenue= $148.20 $181.30      
Michigan Non-Tax Revenue= $0.00 $0.00      
Michigan Revenue Total= $148.20 $181.30      
Minnesota Unemployment Insurance (UI). Freeze base rate at 0.1%,  sets additional assessment rate at 0%, special assessment rate at zero percent. $2.730 billion in FY22  (NOTE:  This is not a revenue reduction but an appropriation to: (1) replenish the UI trust fund, etc; and (2) repay outstanding federal unemployment insurance trust fund loans and interest.)   CY 2022 Miscellaneous  
Minnesota Tax Revenue=          
Minnesota Non-Tax Revenue= $0.00        
Minnesota Revenue Total=          
Mississippi No survey received           
Missouri Revenue Reduction - GENERAL REVENUE - Sales tax exemption and refunds Could exceed     -$15.56 Could exceed       -$7.47 8/28/2022 Sales and Use  
Missouri Revenue Reduction - Sales tax exemption and refunds Could exceed            -$6.35 Could exceed       -$3.05 8/28/2022 Sales and Use  
Missouri  Revenue Reduction - GENERAL REVENUE - Solar Energy Project Sales Tax Exemption -$5.55 to  -$7.42 Could exceed -$3.05 8/28/2022 Sales and Use  
Missouri Revenue Reduction- Solar Energy Project Sales Tax Exemption -$2.27 to -$3.03 Could exceed -$3.05 8/28/2022 Sales and Use  
Missouri Revenue Savings - GENERAL REVENUE - Credit
Redemption for self employed filers with greater than
$3,000 liability
Could exceed -$5.94 Could exceed -$3.05 8/28/2022 Personal Income  
Missouri Revenue Savings - GENERAL REVENUE - Credit
Redemption for self employed nonresident filers
Could exceed -$.90 Could exceed -$3.05 8/28/2022 Personal Income  
Missouri Revenue Reduction - GENERAL REVENUE - Tax Credit For Qualified Research Expenses 0 Could exceed -$3.05 8/28/2022 Corporate Income  
Missouri Revenue Reduction - GENERAL REVENUE - expansion of the New Business Facility tax credit $0 or Could exceed  -$6.34 to  -$12.00 Could exceed -$3.05 8/28/2022 Corporate Income  
Missouri Revenue Gain  - GENERAL REVENUE – §144.605 & §144.752 – Online Use Tax – Less than $39.67 to $60.60 Could exceed -$3.05 1/1/2023 Sales and Use  
Missouri  Revenue Gain – SCHOOL DISTRICT TRUST FUND - §144.605 & §144.752 – Online Use Tax Less than $13.22 to $20.20 Could exceed -$3.05 1/1/2023 Sales and Use  
Missouri Revenue Gain – CONSERVATION COMMISSION FUND - §144.605 & §144.752 – Online Use Tax Less than $1.65 to $2.53 Could exceed -$3.05 1/1/2023 Sales and Use  
Missouri Revenue Gain – PARKS & SOILS STATE SALES TAX FUND - §144.605 & 144.752 – Online Use Tax Less than $1.32 to $2.02 Could exceed -$3.05 1/123 Sales and Use  
Missouri  Revenue Gain - §142.803 - Increased motor fuel tax (incrememental $0.025 increases beginning in FY 22 and ending in FY 26 when the total additional fuel tax reaches $0.125) Less than $90.04 to $101.29 Could exceed -$3.05 8/28/2022 Motor Fuel  
Missouri  Tax Revenue= Indeterminate       
Missouri  Revenue Reduction - Potential loss of 2% collection fee that may have been collected if not for the one time decrease of 90% of the
outstanding balance from the
local political subdivision if they submit a timely financial
statement by 1/01/23.
$0 or up to -$1.83   8/28/2022 Miscellaneous Fee  
Missouri  Non-Tax Revenue= Indeterminate       
Missouri  Revenue Total= Indeterminate       
Montana  Not in session. No significant tax changes.          
Montana  Tax Revenue= $0.0        
Montana  Non-Tax Revenue= $0.0        
Montana  Revenue Total= $0.0        
Nebraska  Phase out taxation of social security.  Current law was 5% exempt going to 50% by 2025..  New law going from 5% exempt to 100% by 2025 -$40.83 -$44.65 Tax Year 2022 Personal Income  
Nebraska  Reduce rate on top income bracket from 6.84% in TY 2022 to 5.84 in TY2027 -$24.70 -$86.10 Tax Year 2022 Personal Income  
Nebraska Reduce rate on corporate income tax >$100,000 from 7.25% in TY 2023  to individual top tax in TY 2027 (5.84%) in FY 2027 $0.00 -$5.17 Tax Year 2023  Corporate Income  
Nebraska Income tax credit for property taxes paid to community colleges. Credit is a % of taxes paid in total $50 million in TY  2022 to $195 million in FY 2026 -$50.00 -$100.00 Tax Year 2022  Personal Income  
Nebraska Tax Revenue= -$115.53 -$235.92      
Nebraska Non-Tax Revenue= $0.00 $0.00      
Nebraska Revenue Total= -$115.53 -$235.92      
Nevada  Not in session. significant tax changes.          
Nevada  Tax Revenue= $0.00        
Nevada  Non-Tax Revenue= $0.00        
Nevada  Revenue Total= $0.00        
New Hampshire Business profits tax rate decrease -$1.90 -$7.20 6/17/2022 Corporate Income   
New Hampshire Changes to business profits tax statute impacting net operating loss  -$3.00 -$11.60 7/1/2022 Corporate Income   
New Hampshire Expands number of retailers that can offer KENO $3.10 $5.80 7/1/2022 Miscellaneous  
New Hampshire  Phase out of the interest and dividends tax by 2027 -$6.30 -$22.20 1/1/2022 Personal Income  
New Hampshire Reduction of the statewide education property tax  -$100.00 $0.00 7/1/2021 Property tax  
New Hampshire Tax Revenue= $51.20 -$35.20      
New Hampshire Non-Tax Revenue= $0.00        
New Hampshire Revenue Total= $51.20        
New Jersey Child Tax Credit Program  -$135.00 -$135.00 1/1/2023 Personal Income  
New Jersey Sales Tax Holiday  -$40.00 -$40.00 6/30/2022 Sales and Use  
New Jersey Tax Revenue= -$175.00 -$175.00      
New Jersey Temporary fee waiver for licenses  -$22.30   7/1/2022   Motor Vehicle/Driving Fees
New Jersey Temporary fee waiver for certain professional licenses  -$9.50   7/1/2022   Miscellaneous Fees
New Jersey Temporary fee waiver for marriage licenses -$1.20   7/1/2022   Miscellaneous Fees
New Jersey Non-Tax Revenue= -$33.00 $0.00      
New Jersey Revenue Total= -$208.00 -$175.00      
New Mexico Creation of the Child Tax Credit $0.00 -$74.00 7/1/2022 Personal Income  
New Mexico Created a Military Pension Exemption from PIT  -$7.40 -$13.50 7/1/2021 Personal Income  
New Mexico Created a Social Security Exemption from PIT -$84.10 -$89.50 7/1/2021 Personal Income  
New Mexico Expanded the Solar Market Tax Credit -$1.90 -$1.80 7/1/2022 Personal Income  
New Mexico Created a Nurses Tax Rebate -$9.35 $0.00 7/1/2021 Personal Income  
New Mexico Provided for a Tax Rebate 1 -$312.00   7/1/2020 Personal Income  
New Mexico Provided for a Tax Rebate 2 -$338.00   7/1/2020 Personal Income  
New Mexico Expanded the Technology Readiness Gross Reciepts Tax Credit $2.50 -$2.00 7/1/2022 Sales and Use  
New Mexico Expanded the State's Food and Medical Hold Harmless Program for Local Governments -$2.10 -$3.50 7/1/2022 Sales and Use  
New Mexico Defined Disclosed Agent in the Tax Code $0.00 $0.00 7/1/2022 Sales and Use  
New Mexico Implented a Gross Receipts Tax Rate Cut of 0.25% -$94.00 -$194.00 7/1/2022 Sales and Use  
New Mexico Some business-to-business transactions were exempted from the GRT base -$5.60 -$5.80 7/1/2022 Sales and Use  
New Mexico Feminine Hygiene Products were exempted from the GRT base -$1.40 -$1.50 7/1/2022 Sales and Use  
New Mexico Tax Revenue= -$853.35 -$385.60      
New Mexico Non-Tax Revenue= $0.00 $0.00      
  Revenue Total= -$853.35 -$385.60      
New York No survey received          
North Carolina Expand tax exclusion of military retirement pay to National Oceanic and Atmospheric Administration (NOAA) and U.S. Public Health Service (USPHS) retirees -$1.60 -$1.70 1/1/2022 Personal Income  
North Carolina Expand sales tax exemption for conveyor systems purchased by air and ground couriers for use at package sorting facilities. -$6.30 no estimate 7/1/2022 Sales and Use  
North Carolina Previously legislated (2021 Session) - multi-year tax rate reduction -$365.00 -$825.00 1/1/2023 Personal Income  
North Carolina  Previously legislated (2021 Session) - multi-year tax rate reduction $0.00 -$237.00 1/1/2024 Personal Income  
North Carolina Previously legislated (2021 Session) - Franchise tax - eliminate alternate property bases -$173.30 -$180.60 1/1/2023 Miscellaneous  
North Carolina Previously legislated (2021 Session) - Expand existing 12.8% cigar tax to all cigar sales with a 30 cent per cigar cap $25.20 $25.70 7/1/2022 Cigarette and Tobacco  
North Carolina Tax Revenue= -$521.00 -$1,218.60      
North Carolina Non-Tax Revenue= $0.00 $0.00      
North Carolina Revenue Total= -$521.00 -$1,218.60      
North Dakota  Senate Bill No. 2351 (2021) provides an income tax deduction for Social Security benefits taxed on an individual's federal income tax return. The bill removes the thresholds requiring an individual to have $50,000 or less in federal adjusted gross income if single or $100,000 or less in federal adjusted gross income if married before the deduction could be claimed. -$7.30 -$7.30 1/1/2021 Personal Income  
North Dakota  Tax Revenue= -$7.30 -$7.30      
North Dakota  Non-Tax Revenue= $0.00 $0.00      
North Dakota  Revenue Total= -$7.30 -$7.30      
Ohio Increased historic preservation credit up to -$60 Up to -$60m FY 2023 Personal Income  
Ohio Increased Opportunity Zone credit up to -$25 Up to -$25 FY 2023 Personal Income  
Ohio Beginning farmer credit Potential loss Cap of -$10 total over several years TY 2023 Personal Income  
Ohio Classifies certain sales of business assets as business income Loss of up to several tens of millions   Loss of up to several tens of millions TY 2022 Personal Income  
Ohio Levies a voluntary tax on pass through entities, with credit for PTE owners up to -$78.3 Up to -$80.1 TY 2022 Personal Income  
Ohio Exemptions for property used in R&D or certain manufacturing processes by a qualifying semiconductor manufacturer, and construction materials for its site Loss of tens of millions  Loss of tens of millions  1/1/2022 Sales and Use  
Ohio Commercial activity tax exemption for sales of certain capital equipment to a qualifying megaproject operator Loss of tens of millions  Loss of tens of millions  1/1/2022 Miscellaneous  
Ohio Expansion of definition of megaproject supplier, qualifying the supplier for certain existing tax benefits Loss of tens of millions  Loss of tens of millions  9/13/2022 Miscellaneous  
Ohio Exemption for certain water quality projects     TY 2022 Property Taxes  
Ohio Exemption for certain housing for mentally ill or substance abuse treatment Up to -$32 Up to -$32 TY 2021 Property Taxes  
Ohio Tax Revenue= Indeterminate      
Ohio Hospital Franchise Fee $400.00 $400.00 Fy 2022   Miscellaneous Fees
Ohio Non-Tax Revenue= $400.00 $400.00      
Ohio Revenue Total= Indeterminate      
Oklahoma No survey received.          
Oklahoma Tax Revenue=          
Oklahoma Non-Tax Revenue=          
Oklahoma Revenue Total=          
Oregon A new tax credit for Agriculture Worker OT $0.00 -$2.50 1/1/2023 Personal Income  
Oregon allow 3-yr carryback for NOLs $0.00 -$2.20 1/1/2023 Corporate Income   
Oregon Tax Revenue= $0.00 -$4.70      
Oregon Non-Tax Revenue= $0.00 $0.00      
Oregon Revenue Total= $0.00 -$4.70      
Pennsylvannia  Deduction for manufacturing equipment -$3.00 -$18.70 12/31/2022 Personal Income  
Pennsylvannia  Like-kind exchange -$12.60 -$15.10 12/31/2022 Personal Income  
Pennsylvania Rate change, market-based sourcing and nexus changes -$126.60 -$305.30 12/31/2022 Corporate Income  
Pennsylvania Tax Revenue= -$142.20 -$339.10      
Pennsylvania Non-Tax Revenue= $0.00 $0.00      
Pennsylvania Revenue Total= -$142.20 -$339.10      
Rhode Island  Child Tax Rebate -$43.80 - 7/1/2022 Personal Income  
Rhode Island  Circuit Breaker tax credit -$3.70 -$3.80 1/1/2022 Personal Income  
Rhode Island  Military Pension Exemption -$3.10 -$6.30 1/1/2023 Personal Income  
Rhode Island Retirement Income Exemption -$1.60 -$3.20 1/1/2023 Personal Income  
Rhode Island Adult-Use Cannabis $2.90 $5.20 12/1/2022 Sales and Use  
Rhode Island Adult-Use Cannabis $4.10 $7.40 12/1/2022 Miscellaneous  
Rhode Island Tax Revenue= -$45.20 -$0.70      
Rhode Island Interest on delinquent taxes -$2.50 -$6.30 7/1/2022   Miscellaneous Fee
Rhode Island License plate reissuance -$2.90 -$3.20 7/1/2022   Motor Vehicle/Driving Fees
Rhode Island Non-Tax Revenue= -$5.40 -$9.50      
Rhode Island Revenue Total= -$50.60 -$10.20      
South Carolina Modifies marginal personal income tax rates  -$596.30 $0.00 1/1/2022 Personal Income  
South Carolina Modified exemption for military retirement income -$8.00 $0.00 1/1/2022 Personal Income  
South Carolina The motor fuel tax increased from 26 to 28 cents per gallon on July 1, 2022 as part of the multi-year increase. This is the last year of increases $82.20 $0.00 7/1/2022 Motor Fuel  
South Carolina Expansion of manufacturing property value exemption -$106.00 $0.00 1/1/2022 Property Tax  
South Carolina Industry partnership fund tax  credit increase -$2.30 $0.00 7/1/2022 Corporate Income  
South Carolina Tax Revenue= -$630.40 $0.00      
South Carolina Non-Tax Revenue= $0.00 $0.00      
South Carolina Revenue Total= -$630.40 $0.00      
South Dakota No survey received.          
Tennessee  PC1065 Exempts a person, a person’s agent, or direct
employees from sales and use taxes on the
installation and repair of computer software, if these services are used for the person’s own use and consumption. Extends the current sales tax exemption for fabrication of computer software to apply to a person’s agent.
-$6.43 -$6.43 7/1/2022 Sales and Use  
Tennessee  PC1082 Authorizes all dealers, when reporting and remitting sales taxes to the Department of Revenue, to retain a
certain portion of such state taxes in order to compensate for costs incurred in accounting for and remitting such taxes, during the period of time beginning July 1, 2022, and ending June 30, 2023. Limits the deduction to a maximum of $25 per report. Requires an amount equal to the excess of the amount calculated by the formula provided under current law, over and above the $25 limit, to be deposited in the General Fund.
-$11.04 $0.00 7/1/2022 Sales and Use  
Tennessee  PC1083 Exempts physicians and osteopathic physicians from
the occupational privilege tax. 
-$9.71 -$9.71 5/27/2022 Miscellaneous  
Tennessee  PC1102 Enacts the Tennessee Broadband Investment Maximization Act of 2022. Creates an exemption
from sales and use tax of purchases and leases of all equipment, machinery, software, ancillary components, appurtenances, accessories, or other infrastructure that is used in whole or in part in producing broadband communications services or providing internet access, beginning July 1, 2022 through June 30, 2025. Excludes from the sales and use tax exemption the retail sale of certain items. Requires the Commissioner of Revenue to reimburse counties and municipalities for loss of revenue resulting from the tax exemption. 
-$50.00 -$50.00 5/31/2022 Sales and Use  
Tennessee  PC1104  Expands and restructures the agricultural sales and use tax exemptions under Tenn. Code Ann. § 67-6-207. Increases, from $1,000 to $1,500, the minimum value of agricultural products produced and sold during the year, including payments from government sources, for which farmers and nurserymen may receive a sales and use tax exemption certificate. Exempts the sale at retail, lease, rental, use, consumption, distribution, repair, or storage for use or consumption in a state of tangible personal property, including building material, repair services, labor, warranty, software, or any other sales-taxable item from the sales tax, when sold to a qualified farmer or nurseryman. Effective January 1, 2023.  -$1.42 -$2.84 1/1/2023 Sales and Use  
Tennessee  PC1131 Exempts from the sales tax on retail sales of food and food ingredients any such relevant
transactions occurring between 12:01 a.m. on Monday, August 1, 2022, and Wednesday, August 31, 2022. Stipulates that this sales tax exemption does not apply to sales from a micro
market, or vending machine or device
-$53.66 $0.00 8/1/2022 Sales and Use  
Tennessee  PC898 Creates the “Annual Coverage Assessment Act of 2022”, which extends an annual coverage
assessment on hospitals of 4.87 percent of a covered hospital’s annual coverage assessment base. Authorizes the use of funds within the Maintenance of Coverage Trust Fund for programs and initiatives developed by the Division of TennCare (Division) in consultation with the Tennessee Hospital Association to offset the unreimbursed costs of providing services to TennCare enrollees and the
financial consequences of the public health emergency cause by the COVID-19 pandemic.
$622.40 $0.00 6/30/2022 Health Care Related  
Tennessee  PC1052 Extends the “Ground Ambulance Service Provider
Assessment Act” to June 30, 2023. Allows TennCare to use total transports submitted to the Office of Emergency Medical Services for calendar year 2021 for calculation of assessments if quarterly transport data is not adequately available. Alters the
assessment amount due from each ambulance provider for the remainder of FY21-22.
$10.66 $0.00 7/1/2022 Health Care Related  
Tennessee  PC1059 Extends the nursing home assessment through FY22-23. $135.93 $0.00 7/1/2022 Health Care Related  
Tennessee  Tax Revenue= $636.73 -$68.98      
Tennessee  PC867 Establishes that all fees collected by the Secretary of State under the Division of Charitable Solicitations and Gaming will remain at $10 during FY22-23. -$2.19 $0.00 7/1/2022   Miscellaneous 
Tennessee  PC998 Authorizes the Commissioner of Commerce and Insurance (DCI) to promulgate rules to effectuate
the purposes of policies regarding pharmacy benefits and pharmacy benefits managers (PBMs). Requires the rules to implement audits, provide for additional requirements of PBMs, implement a complaint and administrative hearing process.
Authorizes the Commissioner to charge a fee to be paid by PBMs for costs associated with administering compliance of the rules including the
auditing of a PBM. Requires that any audits conducted to not occur more than once every three years unless otherwise determined by the
Commissioner.
$6.83 $6.83 5/4/2022   Miscellaneous 
Tennessee  PC1143 Waives the vehicle registration renewal fee for a Class A or Class B motor vehicle if the renewal occurs between July 1, 2022 and June 30, 2023. -$121.60 $0.00 7/1/2022   Motor Vehicle/Driving Fees
Tennessee  Non-Tax Revenue= -$116.96 $6.83      
Tennessee  Revenue Total= $519.77 -$62.15      
Texas  No significant tax actions reported (not in session)          
Texas  Tax Revenue= $0.00 $0.00      
Texas  Non-Tax Revenue= $0.00 $0.00      
Texas  Revenue Total= $0.00 $0.00      
Utah modifies provisions related to corporate income tax and sales and use tax exemptions -$3.13 -$2.77 5/1/2022 Sales and Use  
Utah The Property Tax Act is modified to addresses property tax deferral for certain owners of a single-family residence: modify the interest rate -$8.00 $0.00 5/4/2022 Property Taxes  
Utah income tax provisions are modified -$210.93 -$192.92 5/4/2022 Personal Income  
Utah Supplies used in the course of business are exempted from property tax and exempts certain tangible personal property consumed in the performance of a
taxable service from sales and use tax.
-$3.80 -$4.50 7/1/2022 Sales and Use  
Utah tax credit related to mineral exploration activities -$7.19 -$7.19 5/4/2022 Miscellaneous  
Utah Tax Revenue= -$233.05 -$207.38      
Utah Reduce Commerce Fees on Securities and Corporations -$5.30 -$5.30 7/1/2022   Miscellaneous 
Utah Non-Tax Revenue= -$5.30 -$5.30      
Utah Revenue Total= -$238.35 -$212.68      
Vermont  Child Tax Credit for personal income taxes -$31.80 -$31.80 1/1/2022 Personal Income   
Vermont  expansion of  the existing Vermont Child and Dependent care tax credit -$3.44 -$3.44 1/1/1/2022 Personal Income  
Vermont  Vermont’s Earned Income Tax Credit (EITC) is modified equal to 38% of the Federal credit -$1.5 -$1.50 1/1/2022 Personal Income  
Vermont  new deduction for student loan interest paid by a taxpayer, subject to income limits -$2.20 -$2.20 1/1/2023 Personal Income  
Vermont  increases the income thresholds for the Vermont Social Security income exemption -$1.67 -$1.77 1/1/2022 Personal Income  
Vermont  any subsidiary operating in Vermont, even if 20% or less of its operations are based in the United States, would be counted as a member of a unitary group’s sales for sales apportionment. $0.83 $2.28 1/1/2023 Corporate Income  
Vermont  modification of Vermont's current minimum tax for coorporations $0.83 $2.33 1/1/2023 Corporate Income  
Vermont  Change in the way Vermont calculates a corporation’s presence in Vermont for the purposes of taxation. Changes apportionment to sales only -$4.01 -$11.05 1/1/2023 Corporate Income  
Vermont  bill addresses how corporations with many subsidiaries determine their presence in Vermont,  if one subsidiary has nexus, the entirety of the group of subsidiaries is considered to have nexus in Vermont $2.65 $7.27 1/1/2023 Corporate Income  
Vermont  Tax Revenue= -$40.31 -$39.88      
Vermont  Increase in renewal fees  paid by securities dealers to the Department of Financial Regulation for
selling their products in the state 
$3.60 $3.60     Misc. 
Vermont  Non-Tax Revenue= $3.60 $3.60      
Vermont  Revenue Total= -$36.71 -$36.28      
Virginia HB 30 (2022 Special Session I, Chapter 2) provides an individual income tax subtraction on military benefits for military retirees, or surviving spouses, age 55 or older of up to $10,000 in tax year 2022, $20,000 in tax year 2023, $30,000 in tax year 2024, and $40,000 in tax year 2025 and each year thereafter.  -$145.00 -$156.00 1/1/2022 Personal Income  
Virginia HB 30 (2022 Special Session I, Chapter 2) modifies the Virginia earned income tax credit to be refundable up to 15 percent of the federal earned income tax credit. -$159.00 -$156.00 1/1/2022 Personal Income  
Virginia HB 30 (2022 Special Session I, Chapter 2) exempts food for human consumption (groceries) and personal hygiene products from the state’s 1.5 percent sales tax effective January 1, 2023. These products remain subject to the 1 percent local option Retail Sales and Use Tax. -$107.30 -$265.20 1/1/2023 Sales and Use  
Virginia HB 30 (2022 Special Session I, Chapter 2) increases the standard deduction from $4,500 to $8,000 for single filers and from $9,000 to $16,000 for married filers filing jointly. The increase for Taxable Year 2022 is contingent on annual revenue growth of at least five percent for the six-month period of July 2022 through December 2022. The increase for Taxable Year 2023 is contingent on annual revenue growth of at least five percent for the twelve-month period of July 2022 through June 2023. If the five percent growth rate is not met for either taxable year, the standard deduction for that taxable year will be $7,500 for single individuals and $15,000 for married persons. -$970.20 -$665.10 1/1/2022 Personal Income  
Virginia HB 1006 (2022 Session, Chapter 648) increases the Virginia individual and corporate income tax deduction for business interest to 30 percent of the business interest disallowed as a deduction under the federal business interest limitation. -$15.30 -$10.90 1/1/2022 Corporate Income   
Virginia See HB 1006 (2022 Session, Chapter 648) above. $0.00 $0.00 1/1/2022 Personal Income  
Virginia HB 551 (2022 Session, Chapter 551) and SB 517 (2022 Session, Chapter 552) exempts veterinarians from Retail Sales and Use Tax on their purchases of prescription medicines and drugs that are administered or dispensed to patients within a veterinarian-client-patient relationship. -$4.20 -$4.60 7/1/2022 Sales and Use  
Virginia HB 30 (2022 Special Session I, Chapter 2) increases the individual and corporate tax credit cap on the Neighborhood Assistance Act Tax Credit from $9 to $12 million.  -$3.00 -$3.00 7/1/2022 Personal Income  
Virginia See HB 30 (2022 Special Session I, Chapter 2) above. $0.00 $0.00   Corporate Income  
Virginia HB 1414 (2020 Session, Chapter 1230) and SB 890 (2020 Session, Chapter 1275) requires that the base motor fuels tax rate be indexed to the CPI-U beginning July 1, 2022. The CPI adjustment for the motor fuels tax increased the tax by 1.8 cents per gallon, from $0.262 to $0.280.  The CPI adjustment for diesel increased the tax by 1.9 cents per gallon, from $0.27 to $0.289.  Both of these reflect a 7 percent adjustment based on CPI-U.   $0.00 $0.00 7/1/2022 Motor Fuel  
Virginia HB 103 (2022 Special Session I) provides an income deduction up to $500 for the amount actually paid or incurred for eligible educator qualifying expenses -$1.30 -$1.30   Personal Income  
Virginia Tax Revenue= -$1,405.30 -$1,262.10      
Virginia Non-Tax Revenue= $0.00 $0.00      
Virginia Revenue Total= -$1,405.30 -$1,262.10      
Washington No survey received.          
West Virginia Newly modified tax (HB4502) "Legislation to create tax incentives to build middle-income housing was signed into law by West Virginia Gov. Jim Justice. H.B. 4502 includes a sales tax exemption for contractors and a tax credit for the property value adjustment for new housing in certified districts for graduate, post-graduate, professional and technical personnel. The legislation is effective June 10 and expires Jan. 1, 2028. The tax credit will be for 60% of the approved costs for the development multiplied by the statewide average class III property tax rate of the state for the year in which the property is completed. That amount can be taken annually over 10 years. The annual statewide approved costs cap is $40 million and the transaction cap for approved costs is $3 million, unless the proposal includes six or more residential units." Indeterminate Indeterminate 6/10/2022 Property Taxes  
West Virginia (HB 4567): HB 4567 phases out the municipal business and occupation (B&O) tax on businesses selling new cars over the next three years. The bill was passed without a fiscal note estimating the bill’s financial impact on municipalities across the state. However, the bill’s sponsor indicated that HB 4567 is just a first step to fully eliminating the municipal B&O tax, which accounts for up to 40 percent of total revenue for some municipalities, raising concerns from local government officials. Indeterminate Indeterminate 6/9/2022 Sales and Use  
West Virginia (HB 4336): Unhappy with the results of last year’s bill changing how natural gas property is valued for property tax purposes, HB 4336 once again will require the State Tax Department to develop a new valuation process using actual operating costs and allowing for more expense deductions. With the current volatility in energy prices, the total fiscal impact on local governments is unclear, but previous versions of the bill and a fiscal note based on lower energy prices put the cost at between $8 million and $11 million. Indeterminate Indeterminate 6/9/2022 Miscellaneous  
West Virginia (HB 4451): HB 4451 modifies the existing certified capital addition tax incentive, which reduces property taxes for qualifying manufacturers who make capital investments in existing manufacturing facilities. HB 4451 removes the requirement that the capital investment must be located within two miles of an existing facility, making it easier for manufacturers to receive the incentive. No fiscal note was provided for the bill, but the existing tax incentive reduces property tax revenue by $40.5 million annually. Indeterminate Indeterminate 6/7/2022 Property Taxes  
West Virginia (HB 2096): HB 2096 reinstates the film tax credit, which had been repealed in 2017. The bill allows for a tax credit against the personal income and corporate net income taxes for the costs of film production incurred in West Virginia, with increased credits for productions that hire West Virginia residents. According to the Tax Department, the reestablished credit would cost up to $10 million annually. Indeterminate Indeterminate 6/9/2022 Miscellaneous  
West Virginia  (SB 656): SB 656 provides a tax credit to for-profit and nonprofit corporations who establish child care facilities for the benefit of their employees, or for employers who sponsor child care benefits. The tax credit would be applied against the corporate net income tax for for-profit corporations and against personal income tax withholdings for non-profits. Once again, due to a lack of data, an estimated cost of the credit was not provided, but the fiscal note did state that the bill’s costs could have “some significance” on the state General Revenue Fund, and that the bill was “ripe for exploitation.” As a previous post noted, the bill could also exacerbate current inequities in our system –where child care is predominately accessible to high-wage workers living in more populous areas of the state – by reducing revenue that could lead to cuts to discretionary programs like child care subsidies for low-income families. Indeterminate Indeterminate 6/12/2022 Corporate Income  
West Virginia (SB 533): SB 533 will repeal the state’s soda tax by 2024. The current soda tax generates about $14 million per year, and the revenue is dedicated to WVU’s Schools of Medicine, Nursing, Dentistry, and other health programs. The bill will first move the soda tax’s revenue to the General Revenue Fund, and replace the funding for the WVU health programs with $14 million of insurance premium tax revenue. In addition, $5.5 million of insurance premium tax revenue will be dedicated to Marshall University’s School of Medicine and $3.9 million will be dedicated to the West Virginia School of Osteopathic Medicine. Once the soda tax is eliminated in 2024, the net cost to the General Revenue Fund, including the new transfers, will be a loss of $23.4 million per year. Indeterminate Indeterminate 6/10/2022 Miscellaneous  
West Virginia  HB4636 -  clarifying that business and occupation taxes, as well as city service fees, that are owed to a city or municipality are considered to be remitted “on time” when the date that they are postmarked is on or before the deadline date, rather than on the date that such taxes are physically received by a city or municipality; and clarifying that cities and municipalities may not impose a late fee or penalty for those taxes owed to them so long as they are postmarked on or before the deadline date. Indeterminate Indeterminate 6/9/2022 Miscellaneous  
West Virginia Tax Revenue= Indeterminate      
West Virginia SB 228 - Providing tuition and fee waivers at state higher education institutions for volunteers who have completed service in AmeriCorps programs in WV Indeterminate Indeterminate 6/9/2022   Miscellaneous
West Virginia SB 546 - Expanding uses of fees paid by students at higher education institutions Indeterminate Indeterminate 6/8/2022   Miscellaneous
West Virginia HB4450 - Removing the $0.50 fee charged and deposited in the Combined Voter Registration and Driver’s Licensing Fund for each driver’s license issued by the Department of Motor Vehicles Indeterminate Indeterminate 7/1/2022   Motor Vehicle/Driving 
West Virginia HB4461 - Relating to the consolidation of all administrative fees collected by the agency into the existing “Tax Administration Services Fund” Indeterminate Indeterminate 6/5/2022   Miscellaneous
West Virginia HB4488 - Relating to coal mining and changing fees for permitting actions Indeterminate Indeterminate 6/9/2022   Miscellaneous
West Virginia Non-Tax Revenue= Indeterminate      
West Virginia Revenue Total= Indeterminate      
Wisconsin Exempt Economic Support Grants  $1.20 $2.50 Tax Year 2020 Corporate Income  
Wisconsin IRC Update -$8.50 -$10.90 Tax Year 2019 Personal Income  
Wisconsin IRC Update $143.90 $181.60 Tax Year 2020 Personal Income  
Wisconsin Rural Broadband Exemption Telephone Companies -$1.80 -$3.70 Tax Year 2021 Property Taxes  
Wisconsin Increase General School Aids -$188.00 -$188.00 Tax Year 2021 Property Taxes  
Wisconsin Delete Independent Charter School Aid Reduction -$1.10 -$1.10 Tax Year 2021 Property Taxes  
Wisconsin Increase WTCS Property Tax Relief Aid -$14.00 -$14.00 Tax Year 2021 Property Taxes  
Wisconsin Expand Refundable Research Credit -$6.90 -$6.90 Tax Year 2021 Corporate Income  
Wisconsin Net Capital Loss Limit -$4.30 -$17.20 Tax Year 2023  Personal Income  
Wisconsin Restaurant Grant Exclusion $8.10 $4.10 Tax Year 2021 Corporate Income  
Wisconsin Child and Dependent Care Credit -$9.80 -$9.80 Tax Year 2022 Personal Income  
Wisconsin Tax Revenue= -$81.20 -$63.40      
Wisconsin Public Library System Aid  $1.50 $1.50 2021-2022   Miscellaneous Fees
Wisconsin Increased Supplier Admin. Allowance -$1.60 -$1.60 10/1/2021   Motor Vehicle Driving Fees
Wisconsin Non-Tax Revenue= -$0.10 -$0.10      
Wisconsin Revenue Total= -$81.40 -$63.60      
Wyoming Severance tax rate on surface coal production lowered from 7.0% to 6.5% -$9.60 -$8.70 7/1/2022 Miscellaneous   
Wyoming  Tax Revenue= -$9.6 -$8.70      
Wyoming  Non-Tax Revenue= $0.0 $0.0      
Wyoming  Revenue Total= -$9.6 -$8.7      
Puerto Rico No survey received           
U.S. Virgin Islands            

2021
Juridiction Description Type Effective Date Fiscal Year 2022 Fiscal Year 2023
Alabama Enacted new non refundable tax credit for construction, acquisition, or installment of qualified storm shelter or safe room. Limited to a maximum cost of $2 million annually. Personal Income 1/1/2021 -$2.0 -$2.0
Alabama Modified sales and use tax exemptions for  contractors engaged in construction projects for government entities to include contracts for the construction or roads and bridges. Sales and Use 10/1/2021 -$11.5 -$11.5
Alabama Enacted new exemption from sales and use tax for airport authorities. Sales and Use 1/1/2020 -$3.4 -$3.4
Alabama Enacted new change to apportionment factor for corporate income taxpayers to a single sales factor formula; allow pass-through entities to elect to be taxed at the entity level; change interest expense limitation; and decouple Alabama from Federal Global Intangible Low-Taxed Income. Corporate Income 1/1/2021 $12.8 $12.8
Alabama Modified and extended existing historic rehabilitation tax credit for improvements to historical structures used for commercial purposes. Capped at $20 million. Corporate Income 5/14/2021 -$20.0 -$20.0
Alabama Modified and re-enacted Jobs Credit against utility taxes, or an  Investment Credit against income taxes, financial institution excise taxes, insurance premium taxes, or utility taxes. Capped at $350 million annually. Corporate Income 2/12/2021 -$350.0 -$350.0
Alabama Modified and reenacted tax credit for cash contributions to local economic development organizations. Credit is against financial institutions excise tax, the insurance premium tax, and/or state public utility license tax. Corporate Income 2/12/2021 -$20.0 -$20.0
Alabama Enacted new State Reservoir Management Grant Program, funded by additional $5 registration fee on Class 1 through 4 vessels. Fee 1/1/2022 $1.3 $1.3
Alaska Alaska's Fisheries Business Tax levies a tax on the value of fish (and other fisheries product) either processed in Alaska or exported out of Alaska. A credit to incentivize salmon and herring processing expired on 12/31/2020. The credit allowed applicants to apply 50% of qualified capital investments against their tax liability, reducing their tax liablity by a maximum of 50%. Corporate Income 12/31/2020 $1.8 $1.8
Alaska Alaska's corporate income tax is tied to federal rules for net operating losses. The CARES Act allows businesses to temporarily carry back losses, as well as use carry forward losses to reduce their 2020 taxable income to zero. No legislative action was taken, so Alaska corporate income tax will use the same net operating loss provisions. Corporate Income 3/27/2020 -$139.0 $0.0
Arizona Imposes maximum tax rate of 4.5% on taxable income above $250,000 (single)/$500,000 (married), including separate non-General Fund tax. Personal Income 1/1/2021 -$836.0 -$487.8
Arizona Provides full individual income tax exemption on military pensions. Personal Income 1/1/2021 -$48.3 -$37.9
Arizona Reduces number of brackets from 4 to 2 as well as reducing tax rates.  (Future rate reductions to a single 2.5% bracket contingent upon specified revenue triggers.) Personal Income 1/1/2022 $0.0 -$1,016.6
Arizona Imposes a new alternative income tax on certain types of income.  (Future scheduled rate reductions for this alternative income tax were enacted, eventually resulting in a 2.5% tax rate.  Future changes are not contingent upon specified revenue triggers.) Revenue impact is General Fund: +173.4 (reduces the cost of the maximum tax rate listed above) Non-General fund: -292.0 (Note that income tax surcharge approved in Nov. 2020 won't apply to alternative income tax) Personal Income 1/1/2021 -$118.6 N.A.
Arizona Reduces the assessment ratio for commercial property from 18% to 16% over 4 years. Increases formula cost for K-12 education by $4.4 M. (No impact on revenue.) Property 1/1/2022 $0.0 $0.0
Arizona Increases property tax credit ("Homeowner's Rebate") for residential property from 47.2% to 50%. Increases formula cost for K-12 education by $30.0 M. (No impact on revenue.) Property 1/1/2022 $0.0 $0.0
Arkansas Exempt certain forgiven small business loans; provide deduction for certain loan expenses Personal Income 1/1/2019 -$179.0 N.A.
Arkansas Exempt unemployment benefits from income tax for tax years 2020 and 2021 Personal Income N.A. -$3.1 $0.0
Arkansas Amend income tax credit for waste reduction, reuse, or recycling equipment Personal Income 1/1/2021 $0.0 -$6.5
Arkansas Tax credit for contributions to organization under Philanthropic Investment in Ark. Kids Program Personal Income 1/1/2021 $0.0 -$2.0
Arkansas Create the Elective Pass-Through Entity Tax Act; impose a tax on pass-through entities Personal Income 1/1/2022 $2.1 $4.2
Arkansas Provide a reduced sales/use tax rate for certain used motor vehicles Sales and Use 1/1/2021 -$6.5 -$13.1
Arkansas Expand "instructional materials" for purposes of sales tax exemption Sales and Use 7/1/2021 -$4.4 -$4.5
Arkansas Sales tax exemptions for items sold for use in printing Sales and Use 10/10/2021 -$2.6 -$4.0
Arkansas Expand sales tax holiday to certain electronic devices Sales and Use 7/1/2021 -$2.0 -$2.0
Arkansas Sales tax exemption for water used in poultry farming Sales and Use 10/1/2021 -$1.8 -$2.7
Arkansas Create Arkansas Wood Energy Products and Forest Maintenance income tax credit Corporate Income 1/1/2021 -$5.0 -$5.0
Arkansas Income tax credit for railroad track maintenance expenses Corporate Income 1/1/2022 -$4.9 $0.0
Arkansas Increase annual cap on Historic Rehabilitation Income Tax Credit Corporate Income 7/1/2021 -$1.0 -$2.0
Arkansas Extend sunset date to July 1, 2023 for medical marijuana tax act Marijuana 7/1/2021 $13.3 $13.3
Arkansas Reduce additionall $100 registration fee on hybrid vehicles to $50. Fee 1/1/2022 -$6.0 -$1.1
Arkansas Amend authorized fee collected for victim impact panel. Fee 1/2/2022 $0.3 $0.3
California Exempts grants from state COVID-19 economic relief programs from taxable income. Personal Income 1/1/2020 -$85.0 -$2.0
California Partial conformity with federal law on tax treatment of forgiven PPP loans Personal Income 1/1/2020 -$2,900.0 -$1,500.0
California Created a new, elective, pass-through entity tax. Personal Income 1/1/2021 $1,300.0 $650.0
California Extends hiring credit for firms impacted by the pandemic and creates new hiring credit for workers who are homeless Personal Income 1/1/2021 $18.0 $62.0
California Makes existing (temporary) exemptions for menstrual products and children's diapers permanent Sales and Use 7/1/2023 $0.0 $0.0
California Expands existing film tax credit Corporate Income 1/1/2022 $0.0 -$11.0
California Expands existing "California Competes" tax credit for business expanding or retaining operations in the state Corporate Income 7/1/2021 $0.0 -$22.0
California Creates new retail excise tax on electronic cigarettes in addition to existing distributor-level excise tax Tobacco 7/1/2022 $20.0 $40.0
California Increase fee on owners of oil and petroleum products and expand fees to new types of fuel for funding oil spill prevention and response activities. Fee 10/1/2021 $12.0 $14.0
California Creation of an application fee for a debt collection licensure. Fee 7/16/2021 $1.2 N.A.
California Temporary waiver of certain cardroom-related fees on a one-time basis between January 2020 and August 2022 (exact period differs by fee). Fee 7/16/2021 -$5.8 -$0.5
California Tempoaray waiver of various Department of Alcoholic Beverage Control licenese renewal fees between March 1, 2021, and February 28, 2023. Fee 2/23/2021 -$46.5 -$31.0
California Temporary waiver of Board of Barbering and Cosmetology license renewal fees for all licenses that expire in calendar years 2021 and 2022. Fee 2/23/2021 -$12.8 -$6.4
California Consolidation of several fees and creation of Generation and Handling Fee. Fee level will be set in alignment with appropriation levels beginning in FY 2024 and ongoing. Fee 7/1/2021 $0.0 $42.6
California Increase in Facility Fee. Fee will now be set in alignment with appropriation levels beginning in FY 2024 and ongoing. Fee 7/1/2021 $0.0 $7.0
Colorado HB21-1002 broadens eligibility for the state EITC and uncouples from CARES Act provisions that reduce certain taxpayers income tax liability. Personal Income 1/1/2021 -$24.0 -$21.5
Colorado HB21-1311 made several changes to existing income tax expenditures.  Includes an increase in the EITC, caps on certain itemized deductions, and tax haven legislation. Personal Income 6/23/2021 $13.3 $39.5
Colorado Proposition 116 was approved by voters in the November election and reduced the individual and corporate income tax rate from 4.63% to 4.55% beginning in tax year 2020. Personal Income 1/1/2020 -$154.0 -$160.0
Colorado HB21-1265 extends a a sales tax exemption for restaurant and bar industries through August 2021. Sales and Use 6/14/2021 $45.1 $0.0
Colorado Expands sales and use taxation to digital goods; eliminates the vendor fee retailers with sales over $1 million. Sales and Use 6/24/2021 $19.0 $30.1
Colorado Proposition 116 was approved by voters in the November election and reduced the individual and corporate income tax rate from 4.63% to 4.55% beginning in tax year 2020. Corporate Income 1/1/2020 Revenue loss estimate included in PIT cut Revenue loss estimate included in PIT cut
Colorado Modifies eligibility for insurance premium taxes and scales back tax expenditures for severance taxes. Severance 6/24/2021 $80.5 $115.0
Colorado SB 21-260 created several new transportation fees to fund transportation projects.  The bill temporarily suspends an existing fee, resulting in a revenue reduction in FY 2021-22. Fee 6/17/2021 -$32.8 $113.2
Connecticut Within certain income thresholds, exempt income distributions from Individual Retirement Accounts. The exemption is phased in equally over four income years, beginning with Income Year 2023. Once fully implemented, it is estimated that the policy will reduce General Fund revenues by $71m annually. Personal Income 1/1/2023 $0 $0
Connecticut Continue with scheduled, phased-in increase to income tax exemptions (pensions and annuities income) for certain taxpayers. Personal Income N.A. ($16.40) ($32.80)
Connecticut Continue with scheduled, phased-in increase to a separate income tax exemption for teachers' pensions. For the 2021 tax year and thereafter, taxpayers with teacher pension income may take the 50% (up from 25% in the prior year) teacher pension exemption or, if it applies, the general pension and annuity exemption described above). The 2022-2023 budget language clarifies that those taxpayers with incomes below the threshold for the general pension and annuity exemption may take either the 50% teacher exemption or the general pension and annuity exemption, whichever is greater. Personal Income N.A. -$8.0 -$8.0
Connecticut Exempt breast-feeding supplies. The exemption covers taxable purchases or rentals of breast pumps and eligible accessories, qualifying parts and services. Sales and Use 7/1/2021 ($0.50) ($0.50)
Connecticut Extend specified manufacturing-related sales and use tax exemptions to beer manufacturers that are not currently eligible because they manufacture beer at a facility that also makes substantial retail sales. Sales and Use 7/1/2023 ($1.30) ($1.30)
Connecticut Allow the Film Production tax credit to be claimed against the Sales and Use Tax at 78% of the total tax credit amount for credits issued on or after January 1, 2022. Sales and Use 1/1/2022 ($2.20) -4.3
Connecticut Reduce the excise tax on beer from $.24/gallon back to its 2011 rate of $.20/gallon. Effective July 1, 2023. The annualized, estimated state General Fund revenue loss is $2 million beginning in FY 24. Alcohol 7/1/2023 $0.0 $0.0
Connecticut Extend the 10% Corporation Business Tax Surcharge through income year 2022. Corporate Income 1/1/2021 $80 $50
Connecticut Delay the scheduled, incremental phasing out of the Capital Base method of taxation until 2024. Corporate Income 1/1/2021 $20.90 $29.20
Connecticut Restore the Research and Development (R&D) Tax Credit Cap to 70% of Liability (in the prior biennium it had been reduced to 50.01%). The restoration is phased in over two income years: IY 21 and IY 22. Corporate Income 1/1/2021 ($6.50) ($17.20)
Connecticut Beginning July 1, 2023, replace the current 6% gross receipts tax on Ambulatory Surgical Centers (ASCs) with a 3% net revenue tax on ASC services, subject to certain exclusions; eliminate the current exemption for the first $1 million of ASC gross receipts but retain the exemption for Medicaid and Medicare payments. The annual net revenue loss to the General Fund is estimated to be $9.5 million beginning in FY 24. Health Care Related 7/1/2023 $0.00 $0.00
Connecticut Repeal the Admissions Tax for all places of amusement, entertainment, or recreation except movie theaters venues. Miscellaneous 7/1/2021 ($11) ($11)
Connecticut Implement a Tax Amnesty program Miscellaneous 11/1/2021 $40 ($4)
Connecticut Maintain through the FY 22 - FY 23 Biennium limited eligibility (only the elderly and those with dependents) for the (up to $200) Property Tax Credit against the Income Tax. Miscellaneous 1/1/2021 $53.0 $53.0
Connecticut Increase the CT Earned Income Tax Credit to 30.5% (from 23%) of the Federal EITC. Miscellaneous 1/1/2021 -$40.7 -$40.7
Connecticut Impose a highway use tax (HUT) on every “carrier” for the privilege of operating, or causing to be operated, certain heavy, multi-unit motor vehicles on any highway (i.e., public road) in the state. The HUT is calculated based on a vehicle’s weight and the number of miles driven in the state. The per-mile tax rates increase based on vehicle gross weight, ranging from (1) 2.5 cents per mile for vehicles weighing 26,000-28,000 pounds (lbs.) to (2) 17.5 cents per mile for vehicles weighing more than 80,000 lbs. Carriers must file returns and remit the tax to the Department of Revenue Services (DRS) on a monthly basis. Estimated annual revenues of $90m (FY 23 is partial year). Miscellaneous 1/1/2023 $0.0 $45.0
Connecticut Legalize Adult-Use Recreational Cannabis through the following: 1) imposing a state cannabis excise tax on retail sales with separate rates for plant materials, edibles and other cannabis products using THC content (measured in milligrams) as the basis;  2) prohibiting any exemptions under the state’s sales and use tax law from applying to cannabis sales, other than exemptions for (a) sales of cannabis for palliative use and (b) the transfer of cannabis to a transporter;  3) extending the state angel investor tax credit (against the Personal Income Tax) program to eligible cannabis businesses owned and controlled by social equity applicants, allowing investors to claim a 40% income tax credit for credit-eligible investments in these businesses and raising the overall cap on angel investor tax credits; 4) imposing a 3% municipal sales tax on the sale of cannabis that applies in addition to the state’s 6.35% sales tax and the state cannabis tax; 5) imposing various licensure fees; and 6) repealing the tax on marijuana and controlled substances that are illegally purchased, acquired, transported, or imported into the state. Annual (state and municipal) revenues are projected to reach $73.4 million by FY 26. Miscellaneous Various $4.1 $56.3
Connecticut Expand gaming options by authorizing the following: 1) sports wagering and fantasy contests (in-person and online); 2) online casino gaming; and 3) online lottery draw games / keno. Each master wagering licensee must pay to the General Fund 13.75% of gross gaming revenues: 1) each Tribe, their instrumentality or affiliate must make these payments based on the amount of gross gaming revenue from online sports wagering and fantasy contests which are operated outside of the tribe's reservation; 2) the CT Lottery Corporation must pay the same percentage based on its (up to 15 facilities located throughout the state) retail and online sports wagering gross gaming revenue and fantasy contest gross receipts  General Fund payments for online casino gaming are 18% of gross gaming revenue from online casino gaming outside each tribe’s reservation during the first five years of operation and then 20% during the sixth and any succeeding year of operation. Aside from the designated transfer to the Debt Free Community College program (up to $14 million annually from online lottery revenues beginning in FY 24), expansion by the CT Lottery Corporation to include online lottery draw games is an extension of current law. Overall, the CT Lottery Corporation must increase (beginning in FY 22) the annual transfer to the chronic gamblers' account. Total, annual state revenues (before any transfers) from all of these changes is projected to be $100 million by FY 26. Miscellaneous Various $30.5 $43.1
Connecticut Restructure the Unemployment Insurance Benefits program: Increasing, from $15,000 to $25,000, the taxable wage base and indexing it to inflation, and adjusting the fund solvency and experience tax rates results in an estimated revenue gain of $130.9 million annually beginning in FY 24. Solvency tax revenue would eventually drop in future years as the Unemployment Compensation Fund becomes solvent. Miscellaneous Various $0.0 $0.0
Connecticut Revamp the state’s beverage container redemption law as follows: 1) increase, beginning January 1, 2024, the beverage container deposit amount to at least 10 cents, rather than five cents; 2) expand the scope of the state's "bottle bill" law to include various other beverage containers and exempt containers less than 150mL; 3) increase the handling fee to two and one-half cents or three and one-half cents per beverage container, depending on the type of container involved, that distributors must pay to dealers
and redemption centers, 4) incrementally reduce the amount of unclaimed deposits that distributors must remit to the General Fund from 100% currently to 45% by FY 26, and allows the distributors to keep the remainder; and 5) establish a five-cent surcharge on the sale of spirit or liquor beverage containers of 50mL or less (commonly referred to as “nips”) and require (a) wholesalers to remit the surcharges to the municipalities in which the containers were sold and (b) the municipalities to use the remitted funds for environmental measures aimed at reducing solid waste or reducing the impact of litter. The net state revenue impact is approximately $0.5 million until the distribution of unclaimed desposits to the General Fund is scheduled to be reduced to 45% in FY 26 (at such time, the net total impact to the General Fund is estimated to be -$13 million).
Miscellaneous N.A. $0.0 $0.5
Connecticut Require state agencies to impose a service fee for credit/debit card use in the payment of fees (to recoup the cost to the state). Estimated annual revenue gain annually of $2.5m to the General Fund and $2.5m to the Special Transportation Fund (DMV fees). Fee N.A. $0.0 $6.0
District of Columbia Permanent Extension of DC Income Tax Exclusions for Unemployment Compensation and Public Health Emergency Financial Assistance Personal Income 1/1/2021 ($22.10) ($2.20)
District of Columbia ARP Expansion of EITC for Childless Workers.  The District's local EITC already matches 100% of the federal EITC for childless workers.  The ARP expansion of this benefit was matched in DC Law.  Personal Income 1/1/2021 ($36) $0
District of Columbia Local Expansion of DC EITC for Households with Children.  Expands the DC Earned Income Tax Credit (EITC) to increase, for filers with a qualifying child, the amount of federal EITC matched by the District from 40 percent to 70 percent for tax years 2022 through 2024, 85 percent for tax year 2025, and 100 percent for tax years after 2025.  The DC EITC will be refundable on a monthly basis to provide a basic income to lower income households with children.  Personal Income 1/1/2022 $0 ($30)
District of Columbia Income Tax Increase.  Changes District income tax brackets and rates beginning in tax year 2022, creating new brackets for incomes between $250,000 and $500,000 (taxed at 9.25 percent) and between $500,000 and $1 million (taxed at 9.75 percent), while raising the tax on income in excess of $1 million to 10.75 percent. Personal Income 1/1/2021 $101.10 $161.80
District of Columbia WMATA Dedicated Funding. Aligns the sales tax dedication to the Washington Metropolitan Area Transit Authority to current funding agreements and removes the annual increase in the dedication. Sales and Use N.A. $10.90 $16.60
District of Columbia Revised Uniformed Unclaimed Property. Updates the District’s unclaimed property laws, including decreasing the required holding period for marketable securities and increasing the types of properties subject to the unclaimed property laws. Miscellaneous N.A. $6.90 $0.20
District of Columbia Basic Business License Fees Fee 10/1/2021 -$2.6 -$3.3
District of Columbia Business Entity Filing Fees Fee 10/1/2021 -$1.6 -$1.6
District of Columbia Occupational and Professional License Fees Fee 10/1/2021 -$1.8 $0.0
District of Columbia For-Hire Vehicle Fees Fee 10/1/2021 -$1.8 $0.0
Florida Florida's "piggyback" bill that adopts the federal IRC. Corporate Income Upon becoming a law ($2.2) $0.0
Florida Temporary program that provides a tax credit to businesses that hire interns. Corporate Income 7/1/2021 ($2.5) ($2.5)
Florida A one time increase in the total amount of credits available to businesses who refurbish contaminated sites. Corporate Income 7/1/2021 ($17.5) $0.0
Florida Provides a tax credit against various taxes for businesses that make contributions to organizations that provide services to prevent child abuse. Miscellaneous 7/1/2021 ($5.0) ($5.0)
Florida Requires out-of-state sellers and marketplace providers to collect Florida's sales tax, discretionary sales surtaxes, and ancillary fees. Sales and Use 7/1/2021 $973.6 $1,161.1
Florida "Back-to-School" sales tax holiday. Exempts clothing, school supplies, and personal computers and accessories below certain prices. Sales and Use 7/31/2021 ($53.4) $0.0
Florida Disaster preparedness sales tax holiday. Exempts various items used to prepare for disasters. Sales and Use 5/28/2021 ($8.1) $0.0
Florida Exempts from the sales and use tax certain items used to enable independent living. Sales and Use 7/1/2021 ($1.2) ($3.0)
Florida Freedom Week sales tax holiday. Exempts various items to promote outdoor activities and certain recreation. Sales and Use 7/1/2021 ($41.4) $0.0
Florida Extends the opportunity to qualify for a sales and use tax exemption for personal property and electricity located at a data center. Sales and Use 7/1/2022 $0.0 ($1.6)
Florida Requires dealers to use standard rounding practices when calculating sales tax owed on amounts between whole dollar values instead of Florida's "bracket" system. Sales and Use 7/1/2021 ($16.2) ($18.1)
Florida Commercial Rental Sales Tax. A reduction in the rate imposed against the rental of commercial real estate. This reduction will occur at a later date corresponding to Florida's Unemployment Compensation Trust Fund meeting a predetermined balance. Sales and Use   $0.0 $0.0
Georgia Standard Deduction increase Personal Income 1/1/2022 ($58) ($151)
Georgia Tax credit for teachers in under performing schools Personal Income 1/1/2022 $0 ($1.50)
Georgia New medical device and pharma manufacturing tax credit Corporate Income 1/1/2021 ($5.20) ($4.10)
Georgia Extend sunset on exemption of sales tax on materials for project of regional significance Sales and Use 7/1/2021 ($4.50) ($9.50)
Georgia Extend sunset on exemption of tickets for admission to fine arts Sales and Use 7/1/2021 ($5.70) ($2.90)
Georgia Reinstates exemption on maintenance parts for concrete mixer trucks Sales and Use 7/1/2021 ($1.30) ($1.30)
Georgia Expand $5 hotel/motel fee to all lodging Fee 7/1/2021 $17.1 $20.3
Illinois Rollback of the Federal TCJA 100% accelerated depreciation deduction. Personal Income   $38.0  
Illinois Capped the corporate NOL deduction for the next three years at $100k/yr. Corporate Income   $314.0  
Illinois Rolled back the Federal TCJA 100% accelerated depreciation deduction. Corporate Income   $177.0  
Illinois Aligned the tax treatment of foreign-source dividends to domestic dividends. Corporate Income   $107.0  
Illinois Eliminated the continued repeal of the corporate franchise tax. Corporate Income   $20.0  
Indiana New exemption for utility scale battery energy storage systems Sales and Use 5/1/2021 indeterminable, but potentially significant indeterminable, but potentially significant
Indiana New exemption for public safety equipment and materials Sales and Use 7/1/2021 indeterminable, but potentially significant indeterminable, but potentially significant
Indiana New tax imposed on closed system cartridges Cigarette and Tobacco 7/1/2022 N/A $9.30
Indiana New tax imposed on electronic cigarettes (excluding closed system cartridges) Cigarette and Tobacco 7/1/2022 N/A $1.20
Indiana Existing credit was 20% of a taxpayer's qualified investment to a qualified Indiana business, capped at $1M per taxpayer. Increased credit to 25% of investment capped at $1M per taxpayer, or 30% of investment up to $1.5M if the business is a minority or women's business enterprise. Raised the cap on annual credits that may be awarded from $12.5M to $20M. Personal Income 7/1/2021 N/A $20
Indiana Increased maximum amount of school scholarship tax credit that may be awarded from $16.5M annually to $17.5M in FY2022 and $18.5M in FY2023, before returning the annual cap to $16.5M in FY2024 and moving forward. Personal Income 7/1/2021 $17.50 $18.50
Indiana Increased Indiana Earned Income Tax Credit from 9% to 10% of Federal EITC. Personal Income 7/1/2021 N/A ($12.00)
Indiana (Enacted in 2011 and 2014) Phased in reduction of Corporate Income Tax from 8.5% in FY 2012 to 6.5% in FY 2016. In 2014 Session the Corporate Income Tax rate was further phased down from 6.5% in FY 2016 to 4.9% in FY 2022 and thereafter.  Corporate Income The new phased down rate is effective at the beginning of each fiscal year. ($205.50) ($252.70)
Indiana Tribal gaming revenue sharing. Miscellaneous 1/1/2022 0 $7.10
Indiana Riverboat & Racino Wagering Taxes Miscellaneous 7/1/2021 ($18) ($18)
Kansas Extension and Expansion of Rural Opportunity Zone Program (income tax credit for relocating to rural area of state) Personal Income 1/1/2022 ($2.15) ($4.97)
Kansas Requires Marketplace Facilitators to Remit Compensating Use Tax Sales and Use 7/1/2021 $42.40 $49.80
Kansas $500 Increase to Standard Deduction and Allowance for Kansas taxpayers to itemize at state level, even if not itemizing at federal level Personal Income 1/1/2021 ($82.90) ($83.70)
Kansas Decoupled from 2017 federal tax reform changes for Global Intangible Low Tax Income, Business Interest, Capital Contributions, FDIC Premiums, and Business Meal Expenses Personal Income 1/1/2021 ($6.40) ($6.60)
Kansas Decoupled from 2017 federal tax reform changes for Global Intangible Low Tax Income, Business Interest, Capital Contributions, FDIC Premiums, and Business Meal Expenses Corporate Income 1/1/2021 ($49.70) ($55.70)
Kansas Permit Individual Income Taxpayers to Claim Expensing Deduction. Personal Income 1/1/2021 ($8) ($8)
Kansas Requires Corporate Income Taxpayers to offset the amount of federal expensing deduction when claiming the Kansas expensing deduction. Corporate Income 1/1/2021 $10.30 $10.40
Kansas Extension of Sunset on Sales Price Exclusion for Motor Vehicle Manufacturer's Rebate Sales and Use 7/1/2021 ($4.50) ($4.50)
Kansas Creation of Technology Enabled Fiduciary Financial Institution program. Fees are newly created. Fee 7/1/2021 $1.5 unknown
Kentucky New income tax credit for contributions to scholarship-granting organizations Personal and Corporate 1/1/2021 -$25.0 -$25.0
Kentucky Exclude paycheck protection loans that are forgiven Personal and Corporate 3/7/2020 -$125.0 substantial
Kentucky Clarification of vaping tax and amount of required bond Tobacco   -$1.0 -$1.0
Kentucky Exempt electricity used in the production of crytocurrency Sales and use 7/1/2021 -$10.0 substantial
Maryland Exempts from income tax certain unemployment benefits received by a specified taxpayer for tax years 2020 and 2021 Personal Income 2/15/2021 ($48.10) n/a
Maryland Increases value of the refundable earned income credit and expands credit for individuals without qualifying children for tax years 2020 through 2022 Personal Income 2/15/2021 ($160.40) ($162.30)
Maryland Exempts from income tax certain federal, State, and local grants and forgiven loans provided for pandemic relief for tax years 2020 and 2021
*Note--Exemption may also be claimed against corporate income tax
Personal Income 2/15/2021 ($35.90)  
Maryland Expands eligibility for the State and local earned income and poverty level credits for tax years 2020 through 2022 Personal Income 3/5/2021 ($66.40) ($68.40)
Maryland Establishes a refundable income tax credit for certain taxpayers with a dependent child with a disability for tax years 2020 through 2022 Personal Income 3/5/2021 ($1.00) ($1.00)
Maryland Extends termination date for the cybersecurity investment tax credit for tax years 2024 and 2025 and expands applicability of credit to investment in other technology companies
*Note--Credit may also be claimed against corporate income tax
Personal Income 6/1/2021 Generally minimal expenditures assuming that the extension continues the $2.0 annual appropriation for 2024 and 2025  
Maryland Exempts from income tax certain utility arrearage amounts forgiven in tax year 2021 Personal Income   Reduction may be minimal depending on the extent federal cancellation of debt provisions require taxpayers to report the amount of forgiven utility arrearage as income  
Maryland Establishes a tax credit for qualified catalytic revitalization projects and historic revitalization projects
*Note--Credit may also be claimed against corporate income tax
Personal Income 7/1/2021 ($3.10) ($6.10)
Maryland Extends termination date of the research and development tax credit through tax year 2025, eliminates the basic credit, increases the total amount awarded to $12 million, requires $3.5 million to be set aside for small businesses, and limits the maximum credit to $250,000.
*Note--Credit may also be claimed against corporate income tax
Personal Income 7/1/2021 ($6.10) ($7.60)
Maryland Extends termination date of the job creation tax credit to January 1, 2027, enhances credit for hiring of qualified veterans, extends program eligibility to small businesses who hire a qualified veteran, and repeals the Hire Our Veterans Tax Credit.
*Note--Credit may also be claimed against corporate income tax
Personal Income 7/1/2021 ($3.30) ($3.30)
Maryland Authorizes certain businesses to retain an incresased sales and use tax vendor credit for three months following passage of relief package Sales and Use 2/15/2021 Reduction of $185.80 for fiscal year 2021  
Maryland Imposes sales and use tax on specified digital products and codes Sales and Use 5/30/2021 Increase may be potentially signficant depending on the amount of digital products and codes purchased  
Maryland Exempts from sales and use tax construction material or warehousing equipment purchased solely for use in a specified federal facilities redevelopment area in Cecil County Sales and Use 7/1/2021 Reduction may be significant depending on the value of eligible construction material and warehousing equipment that is purchased  
Maryland Imposes a tax on gross revenues of specified digital advertising beginning with tax year 2022; subsequent legislation exempts a broadcast entity and news media entity from the digital advertising gross revenues tax and clarifies implementation of the tax Miscellaneous 3/14/2021;
5/30/2021
Increase may be significant but may not be reliably estimated due to lack of data  
Maryland Imposes a tax on cigarettes, electronic smoking devices, and other tobacco products; subsequent legislation clarifies and makes alterations                            Miscellaneous 3/14/2021;
5/30/2021
$92.10 $88.10
Maryland Imposes a 15% tax on proceeds from sports wagering Miscellaneous 5/18/2021 $5.90 $15.10
Maryland Extends the current fee (8.0 cents per barrel) assessed on oil transferred into the State until July 1, 2024; beginning July 1, 2024, the fee is 5.0 cents per barrel Fee 7/1/2021 $2.1 $2.9
Minnesota Federal Conformity to CARES, CAA and other federal acts, PPP Loan, 100% Exclusion Personal Income Taxable Years 2020/2021 -$191.5 -$18.2
Minnesota Federal Conformity to CARES, CAA and other federal acts, PPP Loan, 100% Exclusion Corporate Income Taxable Years 2020/2021 -$183.5 -$15.9
Minnesota Federal Conformity to FCC, Exclusion of Discharge of Indebtedness on Qualified Principal Residence Personal Income Taxable Years 2018/2019/2020 -$6.7 $0.0
Minnesota Federal Conformity to FCC, Special Expensing Rules for Certain Film, TV and Live Theatrical Productions Personal Income Taxable Years 2018/2019/2020 -$2.2 $0.5
Minnesota Federal Conformity to FCC, Special Expensing Rules for Certain Film, TV and Live Theatrical Productions Corporate Income Taxable Years 2018/2019/2020 -$1.8 $0.4
Minnesota Federal Conformity to FCC, Special Expensing Rules for Certain Film, TV and Live Theatrical Corporate Income Taxable Years 2018/2019/2020 -$1.1 $0.6
Minnesota Federal Conformity to FCC, Special Rule for Sales or Dispositions of Transmission Lines for Qualified Electric Utilities Corporate Income Taxable Years 2018/2019/2020 -$1.3 $0.3
Minnesota Federal Conformity to CARES, Special Rules for Use of Retirement Funds Personal Income Taxable Year 2020 -$1.6 $1.7
Minnesota Federal Conformity to CARES, Special Rules for Use of Retirement Funds Corporate Income Taxable Year 2020 -$3.5 -$0.4
Minnesota Federal Conformity to CAA, 100% Exclusion of Economic Injury Disaster Loan Advances Repayments Corporate Income TY 2020 -$3.4 -$0.3
Minnesota Federal Conformity to CAA, 100% Exclusion of Small Business Loan Personal Income TY 2020 -$1.5 -$0.1
Minnesota Federal Conformity to CAA, 100% Exclusion of Small Business Loan Corporate Income TY 2020 -$1.5 -$0.1
Minnesota Federal Conformity to the American Rescue Plan, Exclusion of up to $10,200 with $150,000 AGI Limitation Personal Income TY 2020 -$234.8 $0.0
Minnesota Full Conformity, Clarification to Section 179 Expensing, Clarification Provided on Carryover Properties Personal Income TY 2020 -$3.8 $1.0
Minnesota Refundable Small Business Investor Tax Credit, Sunset Date Extended by One-Year Personal Income TY 2022 $0.0 -$5.0
Minnesota Modifications to Partnership Audits:  Multi-State Tax Commission Personal Income TY 2019 -$0.6 -$1.4
Minnesota Refundable Historic Rehabilitation Tax Credit, Sunset Date Extended by One-Year Corporate Income TY 2022 -$5.6 -$7.0
Minnesota Exemption (by Refund) for Construction Materials Used for Public Safety Facilities.  Sales and Use 7/1/2021 -$2.0 -$4.1
Minnesota Exemption from Accelerated June Payment Requirement, Vendors of Certain Construction Materials.  Sales and Use 6/1/2022 -$12.1 -$0.5
Minnesota State General Levy, Increase Market Value Exclusion to $150,000 (CI property),  Decrease Total Levy Property TY 2022 $0.0 -$10.7
Minnesota Homeowner Property Tax Refunds, Exclude Veteran Benefits from Household Income for Homestead Credit State Refund Property TY 2022 $0.0 -$3.6
Minnesota Renter Property Tax Refunds, Exclude Veteran Benefits from Household Income Property TY 2022 $0.0 -$1.2
Minnesota Local Government Assistance Grants - Utility Property Tax Refunds (one-time) Property FY 2022 -$29.4 $0.0
Minnesota Local Government Aid - One-time Supplement Property FY 2022 -$5.1 $0.0
Minnesota Newborn screening per specimen fee Fee 7/1/2021 $2.1 $2.9
Minnesota Allowing dried raw cannabis as part of medical cannabis program Fee 7/1/2021 $6.5 $6.5
Minnesota Timber permit refunds Fee 7/1/2021 -$1.7 -$1.7
Minnesota Reorganize license plate Fees Fee 7/1/2021 $7.6 $8.2
Minnesota Construction personal licensing fee reduction Fee 1-Jul -$2.3 -$2.3
Minnesota Petro fund prorams and fee sunset elimination Fee 7/1/2022 $0.0 $28.4
Minnesota Efficient technology accelerator assessment Fee 7/1/2021 $3.4 $3.4
Mississippi Continued phase out of the 3% income tax rate Personal Income 7/1/2021 -$30.0 $0.0
Mississippi Continued phase out of the 3% income tax rate Corporate Income 7/1/2021 -$0.5 $0.0
Mississippi Continued phase out of the corporate franchise tax Corporate Income 7/1/2021 -$26.0 $0.0
Montana Increase exemption for business equipment from $100,000 to $300,000 Property 7/1/2021 -$0.7 -$1.1
Montana Revise regulation of adult-use and medical marijuana, legalizes adult-use marijuana, and sets tax rate at 20% of retail sales Sales and Use 1/1/2022 $5,911,669.0 $19,727,899.0
Montana Increase Elderly Homeowner/Renter credit income exclusion and increase maximum claimable credit Personal Income 7/1/2021 -$2.9 -$2.8
Montana Tax credit for employer-paid education of trade professions Personal Income 4/19/2021 -$1.0 -$1.0
Montana Increase credit cap on film tax credit Personal Income 7/1/2021 $0.0 -$2.0
Montana Increase maximum claimable credits for Student Scholarship Organization and Education Improvement Program credits Personal Income 7/1/2021 $0.0 -$1.9
Montana Reduce top individual income tax rate Personal Income 7/1/2021 -$6.0 -$31.3
Montana Revise and simplify income taxes. Align MT taxable income with federal taxable income Personal Income 1/1/2022 $0.0 $4.9
Montana Corporate tax modernization through double-sales factor apportionment Corporate Income 7/1/2021 $2.4 $3.2
Nevada Modified Business Tax on nonfinancial (general), financial, and mining businesses:  The Department of Taxation is required to lower the MBT tax rates for FY 2022 and FY 2023 and provide refunds for taxes paid at the higher tax rates for FY 2020 and FY 2021.  This is due to the Nevada Supreme Court in late May 2021 upholding a lower court ruling that the Legislature’s action in the 2019 Legislative Session to override the impact of a MBT rate reduction calculation provision, established in the 2015 Legislative Session, without a 2/3’s majority vote was unconstitutional.  Miscellaneous 7/1/2021 -$5.1 -$5.4
Nevada AB 495 imposes a new annual tax on entities engaged in the business of extracting gold or silver in the State whose Nevada gross revenue in a calendar year exceeds $20 million.  Proceeds from the new tax are deposited in the State General Fund for FY 2022 and FY 2023 and then in the State Education Fund for K-12 education beginning in FY 2024. Severance 7/1/2021 $83.8 $81.0
New Hampshire Phase out of the Interest and Dividends Tax by 2027 Personal Income 1/1/2022 $0.0 $6.3
New Hampshire Business Profits Tax rate decrease Corporate Income 7/1/2021 -$1.3 -$3.6
New Hampshire Business Enterprise Tax rate decrease Corporate Income 7/1/2021 -$4.7 -$13.3
New Hampshire Statutory change so the Paycheck Protection Program is not taxed under state laws. Corporate Income 6/10/2021 -$25.4 -$44.0
New Hampshire Increase Business Enterprise Tax threshold to $250,000 Corporate Income 1/1/2022 $0.0 -$3.1
New Hampshire Meals and Rental Tax Rate Decrease Miscellaneous 7/1/2021 -$11.4 -$19.0
New Hampshire Reduction of the Statewide Education Property Tax Property 7/1/2021 $0.0 -$100.0
New Hampshire Increase the minimum gross business income required to file BPT return Corporate Income 7/1/2021 unknown unknown
New Jersey Statutory prescribed decrease in Petroleum Products Gross Receipts Tax Motor Fuel 10/1/2021 No estimate No Estimate
New Jersey Allows deduction from tax of certain expenses when taxpayer's federal paycheck protection program loan is forgiven and excludes those forgiven loans from gross income tax. Personal Income Tax 1/1/2020 Indeterminate Indeterminate
New Jersey Provides partial pension and retirement income exclusion for taxpayers with income between $100,000 and $150,000. Personal Income Tax 1/1/2021 -$72.9 -$72.9
New Jersey Expands eligibility under New Jersey earned income tax credit program to allow taxpayers who are at least 18 years of age or older to qualify for modified benefit. Personal Income Tax 1/1/2021 -$6.3 $15.2
New Jersey Allows deduction from tax of certain expenses when taxpayer's federal paycheck protection program loan is forgiven and excludes those forgiven loans from gross income tax. Corporate Income 1/1/2020 Indeterminate Indeterminate
New Jersey Cannabis subject to State's sales and use tax when retail sales commence. Sales and Use   no estimate no estimate
New Jersey Sales tax imposed on medical cannabis phases out. Sales and Use 7/1/2020 -$6.0 No Estimate
New Jersey Gross Income Tax deduction for college savings account contributions, in-State tuition payments, and certain principal and interest student loan payments. Personal Income 1/1/2022 $0.0 $105.9
New Jersey Established, revised, and expanded new and existing economic development program incentives. Personal Income 1/7/2021 Various Various
New Mexico Deduction of sales from certain food and beverage establishments for March 2021 to June 2021 Sales and Use 3/1/2021 -$90.0 $0.0
New Mexico $600 income tax rebate to low-income individuals eligible for the earned income tax credit Personal Income Tax Year 2020 -$109.0 $0.0
New Mexico Allow liquor license holders, who held licenses on June 30, 2021, to deduct alcohol sales up to $50 thousand if a dispenser license, and up to $25 thousand if a retailer license from gross receipts for four consecutive years Sales and Use 7/1/2021 -$2.0 -$2.0
New Mexico Personal and Corporate income tax deduction for liquor license holders in an amount equal to the gross receipts from sales of alcoholic beverages, not to exceed $50 thousand Personal and Corporate Income 7/1/2021 -$1.5 -$1.5
New Mexico Gross receipts tax deduction for manufacturing services and manufacturing equipment Sales and Use 1/1/2022 -$3.0 -$3.0
New Mexico Expand the refundable low-income comprehensive tax rebate to higher income levels, provide higher rebates, and creates an automatic inflation adjustment Personal Income Tax Year 2021 -$49.0 -$50.0
New Mexico Update, expand, and lengthen the sustainable building tax credit against personal and corporate income taxes Personal Income   $0.0 loss of $2.2 million in FY 24
New Mexico Increase the Health Insurance Premium Surtax Health Care 1/1/2022 $22.0 $38.0
New Mexico Enacted the Cannabis Regulation Act and Cannabis Tax Act - imposes a 12 percent excise tax on cannabis retailers in addition to gross receipts tax on cannabis retail sales Excise 7/1/2022 $9.8 $30.0
New Mexico Enacted the Cannabis Regulation Act and Cannabis Tax Act - imposes a 12 percent excise tax on cannabis retailers in addition to gross receipts tax on cannabis retail sales Sales and Use 7/1/2022 $5.6 $17.5
New Mexico Gross Receipts tax deduction for medical cannabis sales Sales and Use 7/1/2022 -$15.7 -$19.0
New Mexico Gross receipts tax revenue sharing for certain large local economic development projects with capital and infrastructure costs over $350 million (75% of GRT revenue will go to assist with capital costs to recruit projects) Sales and Use 6/15/2021 unknown unknown
North Dakota House Bill No. 1309 (2021) exempts a contractor or subcontractor from paying use tax on tangible personal property installed by the contractor or subcontractor unless the contractor or subcontractor enters a contract for the purchase of the tangible personal property. Sales and Use 7/1/2021 -$12.5 -$12.5
North Dakota House Bill No. 1412 (2021) imposes a lignite research tax in lieu of the state's portion of tax imposed on coal conversion facilities. The bill provides counties the option of exempting the counties' portion of the coal conversion tax. The lignite research tax imposed in lieu of the state's portion of the coal conversion tax is deposited in the lignite research fund and any coal conversion tax not exempted by the counties is allocated to the counties. The bill also provides the board of county commissioners the option of exempting up to 70 percent of the coal severance tax. Miscellaneous 7/1/2021 -$21.3 -$21.3
North Dakota Senate Bill No. 2328 (2021) provides a producer employing a flare mitigation system installed on a qualifying well on or after June 30, 2021, a temporary credit against oil extraction tax. The credit is equal to 75 cents per one million British thermal units of flare mitigation resulting from the onsite flare mitigation system. The credit may be claimed for up to 12 months per well and may not exceed $6,000 per well per month. The credit does not apply to production from wells located within the exterior boundaries of the Fort Berthold Reservation unless the Chairman of the Tribe submits to the Tax Commissioner a written request for the credit to apply. While the amount that will be claimed cannot be determined, it is estimated that for each 50 connected wells there will be a corresponding reduction in oil extraction tax revenue totaling $3.6 million. Miscellaneous 7/1/2021 -$1.8 -$1.8
North Dakota House Bill No. 1212 (2021) modifies the charitable gaming tax rate and applies the tax rate to adjusted gross proceeds rather than gross proceeds. Miscellaneous 7/1/2021 -$9.9 -$9.9
Ohio Rate decrease, increased tax exempt threshold from $21,750 to $25,000, suspended bracket indexing for 2021, suspended personal exemption indexing for 2021 and 2022  Personal Income 1/1/2021 -$968.0 -$816.0
Ohio Nonrefundable credit for home schooling expenses (max $250) Personal Income 1/1/2021 -$3.7 -$3.7
Ohio Nonrefundable credit for donations to certain nonprofit scholarship granting organizations (max $750) Personal Income 1/1/2021 -$52.3 -$52.3
Ohio Nonrefundable credit for tuition paid to nonpublic, nonchartered school (max $1,000) Personal Income 1/1/2021 -$4.3 -$4.3
Ohio Deduction for capital gains from eligible Ohio-based venture capital firms Personal Income 1/1/2026 $0.0 $0.0
Ohio Deduction for capital gains from certain ownership interests in Ohio-based businesses Personal Income 1/1/2026 $0.0 $0.0
Ohio Exemption for employment services Sales and Use 10/1/2021 -$95.6 -$143.4
Ohio Exemption for investment metal bullion, coins Sales and Use 10/1/2021 -$4.6 -$6.9
Ohio Exemption for certain self-assessing electric customers Miscellaneous 10/1/2021 -$2.6 -$3.9
Ohio Exemption of BWC dividends from commercial activity tax base Miscellaneous 1/1/2021 -$1.0 -$1.0
Ohio Tire fee - sunset extended 2 years Fee 7/1/2022 $0.0 $7.6
Ohio Solid waste disposal - sunset extended 2 years Fee 7/2/2022 $0.0 $68.1
Ohio Public water system application fee - sunset extended 2 years Fee 7/3/2022 $0.0 $4.6
Ohio Surface water plan review - sunset extended 2 years Fee 7/4/2022 $0.0 $2.5
Ohio Annual discharge fee for NPDES permit holders - sunset extended 2 years Fee 7/5/2022 $0.0 $4.0
Ohio Non-NPDES application fee - sunset extended 2 years Fee 7/6/2022 $0.0 $1.4
Oklahoma Reduced individual income tax rates imposed on Oklahoma taxable income of resident and nonresident individuals. The maximum individual income tax rate was reduced from 5% to 4.75% (HB 2962) Personal Income Tax Year 2022 -$83.0 -$236.7
Oklahoma Refundable earned income tax credit equal to 5% of federal credit (HB 2962). Personal Income Tax Year 2022 Included in PIT cut Included in PIT cut
Oklahoma Reduced the corporation income tax/bank privilege tax rate from 6% to 4% (HB 2960 and 2961). Corporate Income Tax Year 2022 -$323.5 -$337.8
Oklahoma Created new peer-to-peer car sharing program and requires shared vehicle drivers to collect 6% vehicle rental tax (SB 355). Excise   N/A N.A
Oklahoma Creates a $0.03 tax per kilwatt hour on the electric current used to charge or recharge the battery or batteries of an electric vehicle Motor Fuel 1/1/2024 N/A N/A
Oklahoma Created the “Filmed in Oklahoma Act of 2021,”  an incentive rebate program relating to film production incentives (S 608). Corporate Income   N/A N/A
Oklahoma Extended the Oklahoma Quality Events Incentive Act through June 30, 2026 (H 1121). Corporate Income   N/A N/A
Oklahoma Created the Oklahoma Remote Quality Jobs Incentive Act, which provides for incentives to be paid to qualifying establishments that facilitate the attraction of remote workers to Oklahoma (H 2860). Corporate Income   N/A N/A
Oregon Modify Oregon's policy on pass-through entity taxation Personal Income 1/1/2021 $13.4 $28.3
Oregon Extend various tax credits Personal Income 1/1/2022 -$5.8 -$62.7
Oregon Repealed a sunset in the aviation fuels tax and reprealed a sunset in the jet fuel tax. Motor Fuel 1/1/2022 $1.8 $3.3
Oregon UI Tax Miscellaneous 10/1/2021 -$89.9 -$201.9
Oregon UI Tax Miscellaneous 5/17/2021 -$75.0 $0.0
Oregon UI Tax Miscellaneous 7/14/2021 $1.0 $1.0
Oregon Family Medical Leave Trust: delayed new tax start date by one year Miscellaneous   -$1,041.1  
Pennsylvania Sales tax exemption on software exclusively for use in helicopters and flight simulators, training materials and operational documents, as well as the lease of helicopters. Sales and Use 8/30/2021 -$1.6 -$2.2
Pennsylvania Sales tax exemption on multipurpose agricultural vehicles used for broader farming purposes, such as trucks used for fence repairs or ATVs. Sales and Use 1/1/2022 -$0.4 -$0.9
Pennsylvania Sales tax exemption for items manufactured to support or sustain breast feeding. Sales and Use 1/1/2022 -$1.2 -$2.9
Pennsylvania Tax credit cap increase on the mixed-use development tax credit from $3 million to $4.5 million Miscellaneous 7/1/2021 -$1.1 -$1.4
Pennsylvania Housing tax credit implementation of $10 million cap Miscellaneous 7/1/2021 -$10.0 -$10.0
Pennsylvania Table games tax - making permanent a 2% portion of the tax (which was set to expire 8/1/21) Excise 7/1/2021 $18.3 $20.2
Pennsylvania Establishing a new tax exemption for sales tax on computer data center equipment Sales and Use 1/1/2022 -$14.0 -$41.3
Rhode Island Decouples from federal tax treatment of forgiven PPP loan proceeds to include amounts above $250,000 as taxable income Personal Income 7/1/2021 $14.4 $0.0
Rhode Island Decouples from federal tax treatment of forgiven PPP loan proceeds to include amounts above $250,000 as taxable income Corporate Income 7/1/2021 $31.8 $0.0
Rhode Island Broker Dealer License Fee Increase Fee 7/1/2021 $2.7 $2.7
South Carolina The motor fuel tax increased from 24 to 26 cents per gallon on July 1, 2021 as  part of a multi-year increase.  It will increase another two cents in 2022. Motor Fuel 7/1/2021 $80.0 $82.1
South Carolina Abandoned Building Credit Extended Personal Income 4/26/2021   $5.2
South Carolina Community Development Tax Credits Aggregate Limit Increased Personal Income 5/18/2021 $1.0 $1.0
South Carolina Geothermal Machinery and Equipment Tax Credit Extended Personal Income 5/17/2021   $2.7
South Carolina New Tax Year 2020 Exemption for Unemployment Compensation Personal Income 5/18/2021 -$61.3 $0.0
South Carolina Excludes Manufacturing Property used by Utilities from Phased-in Value Exemption Property 5/6/2021 $45.8 $58.0
South Dakota Implemented 2020 sports betting legalization ballot measure (H 1231). Established total tax rate of 9% on operator adjusted gross revenue. Excise   $0.5 n.a
South Dakota IRC Conformity (SB 40) Personal Income   n.a. n.a.
Tennessee PC 456 - Creates a sales and use tax holiday on the retail sale of food and food ingredients from Friday July 30, 2021 through Thursday, August 5, 2021.  Creates a sales and use tax holiday on the retail sale of prepared food, but excluding alcoholic beverages, from July 30, 2021, through August 5, 2021.  Removes the requirement that any unencumbered or unexpended funds within the Tennessee Higher Education Commission's (THEC) Qualified Work-Based Learning Grant Fund must remain in the Fund, and removes the requirement that moneys in the Fund must only be expended with THEC's approval and in accordance with the Qualified Work-Based Learning Grant Program. Sales and Use 7/30/2021 -$24.9  
Tennessee PC 451 - Authorizes the sales of alcohol with the purchase of food, if the alcohol provided has a lid and is not a bottle of liquor.  Requires applicable restaurants to post specific signage.  Requires licensees selling alcoholic beverages to go with food to collect and remit the liquor-by-the-drink tax.  Authorizes customers to take home an unfinished bottle of wine that was partially consumed at a restaurant.  Terminates on July 1, 2023. Alcoholic Beverages 5/14/2021 $4.7 $2.9
Tennessee PC 401 - Makes multiple changes to the state and local sales tax apportionments to municipalities with National Football League and Canadian Football League franchises. Sales and Use 7/1/2021 -$2.0 -$2.0
Tennessee PC 459 - Enacts the Annual Coverage Assessment Act of 2021, which establishes an annual coverage assessment on hospitals of 4.87 percent of a covered hospital's annual coverage assessment base.  Authorizes the use of funds within the Maintenance of Coverage Trust Fund for programs and initiatives developed by the Division of TennCare in consultation with the Tennessee Hospital Association to offset the unreimbursed costs of providing services to TennCare enrollees and the financial consequences of the public health emergency caused by the COVID-19 pandemic. Health Care 7/1/2022 $600.5 $0.0
Tennessee PC 122 - Extends the Ground Ambulance Provider Assesment Act Health Care 7/1/2022 $10.7 $0.0
Tennessee PC 530 - Extends the annual nursing home assesment for FY21-22 Health Care 7/1/2022 $134.6 $0.0
Tennessee PC 477 - Decreases, from 4.5 to 4.25 percent, the aviation fuel tax rate.  Decreases the maximum amount of sales and use tax due from a person's purchase, use, consumption, or storage of aviation fuel from $10,500,000 to $8,500,000 in FY21-22 and to $5,000,000 in FY22-23 and subsequent years.  Requires the Transportation Equity Trust Fund to be reimbursed by the General Fund for decreased aviation fuel tax revenue resulting from any public act passed by the General Assembly after January 1, 2021, in an amount equal to the estimated decrease in tax revenue reflected in the fiscal note. Miscellaneous 7/1/2021 -$2.9 -$6.4
Tennessee The Division of Charitable Solicitations and Gaming charges fees for registrations of nonprofit organizations, professional solicitors, and annual gaming events; late fees are charged for untimely registration applications and gaming event financial statements. This legislation decreases every fee to $10 only for FY21-22. Fee 7/1/2021 -$1.9 $0.0
Utah Amends an addition to income for corporate income tax purposes Corporate Income 1/1/2020 -$1.0 -$1.0
Utah Removes the 80% limitation on a Utah net loss carry forward for the 2018 through 2020 Income Tax Years Corporate Income 1/1/2020 -$2.8  
Vermont IRC Conformity (ARPA) Personal Income 3/31/2021 -$7.7 -$0.1
Vermont Sales Tax Exemption for Feminine Hygeine Products Sales and Use   -$0.6 -$0.6
Vermont Clarification of Residential Fuel Sales Tax Exemption for Wood Pellets Sales and Use   -$1.0 -$1.0
Virginia Senate Bill 1398 (Special Session I, Chapter 383) provides that the retail sales taxes and local transient occupancy taxes on room rentals be computed on the basis of the total price paid by the consumer, including any accommodation fee paid to an accommodations intermediary who facilitates the transaction (e.g. Travelocity, Expedia, etc.). Sales and Use 9/1/2021 $3.7 $4.2
Virginia House Bill 2185 (Special Session I, Chapter 55) and Senate Bill 1403 (Special Session I, Chapter 56) exempt temporarily from retail sales and use tax, personal protective equipment (“PPE”) Sales and Use 3/11/2021 unknown  
Virginia Senate Bill 1163 (Special Session I, Chapter 272) eliminates the nonrefundable Conservation Tillage Equipment and Pesticide and Fertilizer Application Equipment Tax Credits and replaces them with one, new refundable credit for individuals and corporations. Personal Income 1/1/2021 -$1.3 -$1.3
Virginia House Bill 1763 (Special Session I, Chapter 39) and Senate Bill 1162 (Chapter 40) amends Virginia’s Agricultural Best Management Practices Tax Credit to increase the amount that may be claimed and to provide an enhanced Agricultural Best Management Practices Tax Credit for certain taxpayers with an approved resource management plan. Personal Income 1/1/2021 -$1.0 -$1.0
Virginia Senate Bill 1197 (Special Session I, Chapter 495) establishes, for taxable years 2021 through 2025, a Virginia housing opportunity tax credit, which is equal to the amount of the federal low-income housing tax credit allocated or allowed by the Virginia Housing Development Authority to a low-income building that is eligible for the federal credit. The credit would be nonrefundable and could be carried forward for up to five years. No more than $15 million in credits shall be granted per calendar year. Corporate Income 1/1/2021 -$15.0 -$15.0
Virginia House Bill 2312 (Special Session I, Chapter 551) and Senate Bill 1406 (Special Session I, Chapter 550) establish a framework for the legalization of non-medical marijuana, including a licensing and regulatory system for cultivation facilities, marijuana manufacturing facilities, marijuana testing facilities, and retail marijuana stores. Imposes a tax on retail marijuana, retail marijuana products, and marijuana paraphernalia sold by a retail marijuana store, as well as non-retail marijuana and non-retail marijuana products at a rate of 21 percent and provides that localities may by ordinance levy a three percent tax on any such marijuana or marijuana products. Such tax will be administered by a new state agency, the Virginia Cannabis Control Authority (“the Authority”). Excise 1/2/2024    
Washington Imposes new excise tax on the capital gains realized from the sale of certain long-term capital assets sold by an individual. Excise 1/1/2022 $0.0 $442.0
Washington Imposes a premium tax on eligible captive insurers for the risk covered by premiums allocable to WA (requires some retroactive payments during FY22). Miscellaneous 5/12/2021 $31.9 $2.3
Washington Working Families Tax Exemption expansion to include ITN filers and the base amount. Phaseout rates established.  Funded for first time. Miscellaneous 7/25/2022 $0.0 -$242.0
Washington Expands and modifies farmerworker housing SUT exemption. Excludes housing built for H-2A visa workers. Miscellaneous 10/1/2021 -$1.2 -$2.5
Washington  Temporary waiver of liquor licensing fees required from certain businesses Fee 4/14/2021 -$11.1  
Washington Suspends collection of child care license fees until 6/20/23 Fee 7/25/2021 -$1.7 -$1.7
Washington Creates an annual registration fee for captive insurers Fee   revenue estimate included in premium tax estimate  
West Virginia Exempt a portion of Social Security benefits for certain taxpayers Personal Income 1/1/2021 -$3.1 -$10.1
West Virginia Reduce Severance Tax on steam coal sold directly to electric power generators--rate reduced over a 3-year period Miscellaneous 7/1/2020 -$26.0 -$39.0
West Virginia Impose a tiered Health Care Provider Tax on HMO's Miscellaneous 7/1/2020 $41.0 $3.7
West Virginia Permit counties to retain Property Transfer Tax (phased in over a 10-year period) Property 7/1/2021 $0.0 -$1.2
Wisconsin Self-Employed Medical Deduction Personal Income Tax Year 2021 -$9.5 -$9.5
Wisconsin IRC Update Personal Income Tax Year 2019 $8.2 -$0.3
Wisconsin IRC Update Personal Income Tax Year 2020 -$29.5 -$9.7
Wisconsin Income Tax Rate Reduction, 3rd Bracket Personal Income Tax Year 2021 -$1,109.2 -$994.3
Wisconsin Child/Dependent Care Credit Personal Income Tax Year 2022 Minimal -$9.8
Wisconsin Federal Active Duty Military Pay Exclusion Personal Income Tax Year 2021 -$20.2 -$20.2
Wisconsin Rural Broadband Exemption Telephone Companies Property Tax Year 2021 -$2.3 -$3.5
Wisconsin Increase General School Aids Property Tax Year 2021 -$110.0 -$298.0
Wisconsin Delete Independent Charter School Aid Reduction Property Tax Year 2021 -$82.8 -$83.9
Wisconsin Increase WTCS Property Tax Relief Aid Property Tax Year 2021 -$29.0 -$43.0
Wisconsin Expand Refundable Research Credit Corporate Income Tax Year 2021 -$2.3 -$9.2
Wisconsin PPP Loan Exemption Corporate Income Tax Year 2020 -$178.7 -$53.4
Wisconsin Statewide Debt Collection Positions Fee 2021-2022 $1.7 $2.3
Wisconsin Increased Supplier Admin. Allowance Fee 10/1/2021 -$3.8 -$5.4
Wisconsin Public Library System Aid Fee 2021-2022 $2.5 $4.0
Wyoming New authorization of online sports wagering and associated remittances Excise 9/1/2021 Indeterminable indeterminable
Wyoming Increase in fees paid to the office of the Secretary of State Fee   $1.9 $1.9
Wyoming Increased conservation stamp fee Fee   $1.7 $1.7

2020
Juridiction Description Type Effective Date Fiscal Year 2021 Fiscal Year 2022
Alabama Increased the privilege assessment on nursing facilities. Health Care 9/1/2020 $112.1 Unknown
Alaska Automatically conformed to net operating loss provisions included in the federal CARES Act. Corporate Income 3/27/2020 -$100.0 -$100.0
California Suspended net operating loss deductions for taxpayers with net income above $1 million. Corporate Income 1/1/2020 $1,820.0 $1,300.0
California Limited the use of most business tax credits to a total of $5 million per year. Corporate Income 1/1/2020 $2,000.0 $1,540.0
California Interaction between the limitation on net operating loss deductions and tax credits will result in an additional revenue increase. Corporate Income 1/1/2020 $611.0 $454.0
California Established first-year exemption from minimum tax for LLCs and partnerships. Corporate Income 1/1/2021 -$50.0 -$100.0
California Required used car dealers to remit sales tax along with vehicle registration fees. Sales and Use 1/1/2020 $12.0 $24.0
California Extended the sales tax exemption for diapers and menstrual products. Sales and Use 1/1/2022 $0.0 -$23.0
California Expanded eligibility for state EITC to filers with an Individual Tax Identification Number (ITIN). Personal Income 1/1/2020 -$65.0 -$65.0
California Reauthorize and modify managed care organization (MCO) enrollment tax. Health Care 1/1/2020 $394.0 $729.0
Colorado Decoupled from business relief provisions in the federal CARES Act, including deductions for NOLs, excess business losses, and business interest income. Corporate Income TY 2020 $79.8 $23.1
Colorado Reverses federal 199A deduction for some high income taxpayers. Personal Income TY 2021 $19.5 $43.2
Colorado Extended and expanded the state earned income tax credit. Personal Income TY 2021 -$5.2 -$34.2
Colorado Narrowed the state sales and use tax exemption for long-term lodging, allowing the exemption for long-term stays by natural persons only. Sales and Use 1/1/2021 $3.7 $7.4
Colorado Increased civil penalties for air and water quality violations. Fee 1/1/2021 $0.5 $1.5
Colorado Imposed a fee that is assessed per truckload of fuel products to fund PFAS and transportation hazmat management. Fee 9/1/2020 $6.3 $7.5
Colorado 911 Emergency Telephone Surcharge. Fee 1/1/2021 $3.3 $6.6
Colorado Fee per ton of air pollutants. Fee 1/1/2021 $1.6 $3.4
Colorado Limitation on debt collection actions through 11/1/2020. Fee 7/1/2020 -$1.7 $0.0
Connecticut Temporary Restrictions on the Property Tax Credit expire. Personal Income 12/31/2020 $0.0 -$53.0
Connecticut Exempt certain pension and annuity income. Personal Income 1/1/2019 -$16.5 -$16.4
Connecticut Increased Teachers' Pension exemption from 25% to 50%. Personal Income 1/1/2021 $0.0 -$8.0
Connecticut Eliminate the Capital Stock Tax method (phased out). Corporate Income 1/1/2021 -$5.7 -$9.5
Connecticut Sunset the (now) 10% surcharge, which was estblished in 2012 at 20%. Corporate Income 12/31/2020 -$22.5 -$15.0
Connecticut Phased reduction or elimination of the state Admissions & Dues tax for various venues. Miscellaneous 7/1/2019 -$0.8 $0.0
Connecticut 10-cent surcharge on plastic bags expires as plastic bags are banned effective July 1, 2021. Miscellaneous 6/30/2021 $0.0 -$7.0
Connecticut Adopt Federal Exemption Level for Inheritance and Estate Tax (phased in). Miscellaneous 1/1/2018 -$28.3 -$13.2
District of Columbia Repealed a number of provisions of the District’s tax incentives for Qualified High-Technology Companies. Corporate Income 10/1/2020 $27.5 $34.9
District of Columbia Delayed implementation of combined reporting laws that would allow publicly-traded companies a future deduction if the implementation of combined reporting resulted in an increase in a combined group’s net deferred tax liability. Corporate Income 1/1/2021 $7.4 $7.4
District of Columbia Taxable income includes gains from a sale or other disposition of assets, even if such sale results in the termination of an unincorporated business. Corporate Income 1/1/2021 $1.1 $3.3
District of Columbia Establishes a new local transportation surcharge on motor vehicle fuels of $0.053 in FY21 and $0.103 in FY22, to be increased by CPI annually and dedicates the revenue to local transportation projects.  The base motor vehicle fuel tax rate will remain at $.235 and revenue from that tax will continue to be dedicated to the local Highway Trust Fund. Motor Fuel 10/1/2020 $5.6 $11.9
District of Columbia Decoupled the federal capital gains tax deferral for Qualified Opportunity Fund investments that are not located in the District or are not expected to meet certain criteria. Personal Income 10/1/2020 $2.0 $6.2
District of Columbia Authorized bars and restaurants to offer electronic games of skill and taxed gross machine revenue at 10 percent. Miscellaneous 10/1/2020 $1.2 $3.3
District of Columbia Reduced the amount of assets that can be excluded from District taxes when transferred from a deceased person’s estate from $5.682 million to $4 million. Miscellaneous 1/1/2021 $1.8 $2.4
District of Columbia Increased fee that private waste haulers are charged to dump their solid waste loads at District-operated waste transfer stations. Fee 10/1/2020 $1.2 $1.2
District of Columbia Authorized the Department of Consumer and Regulatory Affairs (DCRA) to require all third-party inspections to be arranged through an exclusive DCRA online platform and authorized the agency to charge a fee for using the platform. Fee 1/1/2021 $1.1 $1.7
Florida Back-to-School Sales Tax Holiday. Sales and Use 4/8/2020 -$41.8 N.A.
Florida Disaster Preparedness Sales Tax Holiday. Sales and Use 4/8/2020 -$5.6 N.A.
Florida Reduction/elimination of occupational license fees. Fee 7/1/2020 -$1.5 N.A.
Georgia Exempted transportation services from sales tax. Sales and Use 8/5/2020 -$25.0 -$30.0
Georgia Enacted Marketplace Facilitator sales tax collection requirements. Sales and Use 4/1/2020 $78.0 $81.0
Georgia Implemented a tax on vaping. Tobacco 1/1/2021 $3.0 $7.0
Georgia PPE Manufacturer Tax Credit. Corporate Income 6/30/2020 -$7.0 -$7.0
Georgia IRC Update. Personal Income 6/30/2020 -$199.0 -$1.0
Georgia IRC Update.  Corporate Income 6/30/2020 -$199.0 -$1.0
Georgia Implemented a transportation services fee. Fee 8/5/2020 $35.0 $36.0
Idaho Federal Tax Conformity. Personal Income 1/1/2019 -$6.6 -$4.3
Idaho Adopted First Time Homebuyers Tax Credit. Personal Income 1/1/2020 -$1.9 -$1.9
Indiana Reduced the Corporate Income Tax rate as part of a multi-year phased-in reduction enacted in 2014. The rate was lowered from 6.5% in FY 2016 to 4.9% in FY 2022. Corporate Income 7/1/2020 -$195.7 -$216.6
Indiana Reduced the Financial Institution Tax (FIT) as part of a multi-year phased-in reduction enacted in 2014. The FIT rate was lowered from 6.5% in CY 2018 to 4.9% in CY 2023 and thereafter.   Miscellaneous 1/1/2020 -$31.5 -$38.3
Indiana Modification of SUTA (State Unemployment Tax Act) taxes. The legislation freezes the rate schedule at the 2020 rate for calendar years 2021-2025. After 2025, the rate schedule will adjust according to the fund ratio. Under the prior law the rate schedule, frozen at schedule E from 2011 through 2020, would vary beginning in 2021 depending on the fund ratio of the unemployment trust fund. The fund ratio is equal to the balance in the Unemployment Insurance Trust Fund divided by covered payroll.  The bill intended to prevent a shift to a lower rate schedule. The reduced tax shift was anticipated to occur given the continued low unemployment levels leading up to the beginning of 2020. This would have reduced tax revenue into the unemployment trust fund over time. Given the sudden high unemployment rates related to the COVID-19 pandemic, the law change now may prevent a shift to a rate schedule with higher tax rates due to a reduced fund ratio. Miscellaneous 1/1/2021 Indeterminable Indeterminable
Iowa Net operating loss change. Personal Income TY 2020 -$1.0 -$1.0
Iowa Business Interest and GILTI. Corporate Income TY 2019 -$20.0 -$9.2
Iowa Broadband Grants. Corporate Income TY 2019 -$2.3 -$1.5
Iowa Paycheck Protection Program. Corporate Income TY 2019 -$5.8 $0.0
Iowa Entity level income tax. Corporate Income TY 2020 -$4.2 -$4.
Iowa Small business relief grants Corporate Income 3/23/2020 -$1.3 $0.0
Iowa Use tax exemption for personal protection equipment. Sales and Use 1/1/2020 -$1.8 $0.0
Iowa Adjusted the fuel tax schedule for biofuel percentage. Motor Fuel 7/1/2020 -$15.3 -$16.5
Iowa Criminal fines and court surcharges. Fee 7/1/2020 $8.4 $8.4
Kentucky Imposed a tax on vaping products. The tax rate is 15% of the actual price at the distributor level on open vaping systems and $1.50 on each closed vapor cartridge. Tobacco 8/1/2020 $7.9 $15.9
Kentucky Extended the sales and use tax to golf courses Sales and Use 8/1/2020 $1.9 $2.2
Kentucky Expanded the availability of the New and Expanded Industry exemption Sales and Use 8/1/2020 -$2.0 -$2.0
Kentucky Coal Severance Tax refund for coal exported outside US Miscellaneous 8/1/2020 -$1.3 -$1.3
Louisiana Suspended the bottom tier of tax for firms with up to $1 million of taxable capital. Corporate Income TY 2020 -$7.0 -$0.4
Louisiana Extended the Enterprise Zone Program from July 1, 2021 to July 1, 2026. Corporate Income TY 2020 $0.0 -$5.0
Louisiana Increases the vendor compensation rate for dealers remitting on a timely basis to 1.05% from 0.935% of sales taxes collected. Retains the monthly maximum compensation of $1,500. Sales and Use 8/1/2020 -$1.9 -$2.0
Louisiana Exempted $5 million of promotional play wagers from state gaming taxes per gambling property (riverboat, racetrack slot facilities, and land-based casinos). Miscellaneous TY 2020 -$11.2 -$16.3
Maryland Establishes a subtraction modification for gains recognized as a result of the direct or indirect transfer or conveyance of specified racing facilities and a training center and the amount of income recognized as a result of any expenditure of specified governmental funds. Corporate Income 6/1/2020 Indeterminable Indeterminable
Maryland Exempts from sales and use tax specified construction materials for use in the construction or redevelopment of certain racing facility sites. Purchases must be made by January 1, 2026, to be eligible for the exemption. Sales and Use 6/1/2020 $1.8 $1.8
Maryland Exempts from sales and use tax qualified data center personal property purchased or leased for use at qualified data centers that meet certain eligibility requirements. Sales and Use 7/1/2020 Indeterminable Indeterminable
Maryland Exempts from sales and use tax custom-made earmolds, battery chargers, and receivers for artificial hearing devices. Sales and Use 7/1/2020 Indeterminable Indeterminable
Maryland Exempts from sales and use tax a sale of construction material or warehousing equipment purchased by a person solely for use in a qualified opportunity zone or a target redevelopment area in certain counties. Sales and Use 7/1/2020 Indeterminable Indeterminable
Massachusetts Delayed the charitable deduction for fiscal year 2021 cycle. The deduction was set to take effect for fiscal year 2021 but implementation was postponed. Personal Income 7/1/2020 $64.0 N.A.
Massachusetts Accelerated Sales Tax for businesses with $150K or more in state tax liability in prior fiscal year. Sales and Use 7/1/2020 $267.0 N.A.
Michigan Exempt Sales of Certain Prosthetic Devices Sales and Use 3/4/2020 -$2.0 -$2.1
Minnesota Conformity to Section 1031 and 179 expensing revised Personal Income TY 2020 $63.0 N.A.
Minnesota Conformity to Section 1031 and 179 expensing revised Corporate Income TY 2020 $27.0 N.A.
Mississippi Revised the definition of the term "person doing business in this state" under the MS Use Tax law and to define the terms "marketplace facilitator", "marketplace seller" and "remote seller" under the MS Use Tax law. This expanded the number of marketplace sellers/facilitators that are required to collect and remit all applicable use tax. Sales and Use 7/1/2020 $20.0-$30.0 $20.0-$30.0
New Hampshire Adopted market-based apportionment. Corporate Income 1/1/2021 $10.0 No estimate
New Hampshire Tax conformity, including GILTI. Corporate Income 1/1/2020 $31.2 No estimate
New Hampshire Enacted a tax on sports betting. Miscellaneous 7/12/2019 $10.0 No estimate
New Jersey Increases marginal tax rate imposed on gross income between $1 million to $5 million. Personal Income  1/1/2020 $427.0 $450.0
New Jersey Surtax imposed on certain corporate taxpayers. Corporate Income 1/1/2020 $333.0 $342.0
New Jersey Increase in annual assessment on HMO net written premiums. Health Care 10/1/2020 $103.0 $137.0
New Jersey Statutory prescribed increase in Petroleum Products Gross Receipts Tax Motor Fuel 10/1/2020 $351.5 No estimate
New Mexico 2019 legislation effective in TY 21; adds new top income bracket starting at $210K for single, $315K MFJ, and $157.5K for MFS. Personal Income 1/1/2021 $20.0 $40.0
New Mexico Create the "solar market development tax credit" - provides a personal income tax credit of 10 percent
of the cost of equipment and installation of residential, business (commercial or industrial), or agricultural solar energy systems. The amount of solar tax credits claimed is not to exceed $8 million per calendar year.
Personal Income 3/1/2020 -$5.0 -$5.0
New Mexico Extend and expand the Investment Tax Credit - repeals the $2 million limit on the value of equipment, and changes the employment  requirements at the 1 job per $750 thousand investment up to $30 million and 1 job per $1 million investment over $30 million. Also increases the rate of credit from 5.125 percent effectively to the amount of the state GRT rate plus applicable local option GRT rates. Sales and Use 7/1/2020 -$2.5 -$3.0
New Mexico Create a new "technology readiness tax credit" against GRT - applies to the state’s national laboratories’ qualified expenditures – including salaries, wages, benefits, and employer payroll taxes – in assisting businesses to license
laboratory technology or participate in research development.
Sales and Use 7/1/2020 -$1.5 -$1.5
New Mexico Add electric transmission facilities as eligible projects under the Industrial Revenue Bond (IRB) Act and the County Industrial Revenue Bond Act, which would allow local governments to permit the foregoing of property taxes and state and local gross receipts taxes involved with the financing or refinancing of electric transmission facility projects. Other 7/1/2020 No estimate No estimate
New York Decouple from increase in Federal interest expense deduction (CARES Act). Personal Income Same effected tax years as the CARES Act. $1,600.0 $1,600.0
New York Extend personal income tax credits for hiring veterans, known as the Hire-A-Vet credit. This is a temporary tax until Fiscal Year 2023. No change in taxpayer liability. Personal Income 1/1/2021 $0.0 $0.0
New York Extend corporate income tax credits for hiring veterans, known as the Hire-A-Vet credit. This is a temporary tax until Fiscal Year 2023. No revenue impact. Corporate Income 1/1/2021 $0.0 $0.0
New York Capped the Long Term Care Credit at $15,000 annually,  limited to income less than $250,000. Personal Income 1/1/2020 $0.0 $28.0
New York Increased tobacco product tax by changing from manufacturer price to tax on wholesaler. Cigarette and Tobacco 10/102020 $10.0 $23.0
New York Extended and decreased the film tax credit from 30% to 25% credit. No change in taxpayer liability. Corporate Income 4/1/2020 $0.0 $0.0
New York Extended the Real Estate Transfer Tax rates for REITS for New York State and New York City by three years. Miscellaneous 9/1/2020 -$1.0 -$1.0
North Carolina Conformed to Federal change in allowable percent for itemized deduction for medical and dental expenses in TY 2019 and 2020. Personal Income TY 2020 -$36.0 N.A.
North Carolina To keep rate from decreasing, the tax rate in 2021 remains the same as 2020, original tax formula re-applied in 2022. Motor Fuel 1/1/2021 $20.2 $33.4
North Carolina Applies the states Gross Premiums tax to Medicaid capitation payments received by prepaid health plans. Health Care 7/1/2021 $115.0 $247.0
Ohio Exempted feminine hygiene products from the sales tax Sales and Use 4/1/2020 -$3.6 -$3.6
Ohio Authorized a credit up to $250 for teachers' purchases of classroom supplies, proffessional development. Personal Income TY 2020 -$1.0 -$1.0
Oregon City property is withdrawn from a special district. Property 6/30/2020 -$1.7 -$1.8
South Carolina The motor fuel tax increased  from 24 to 26 cents per gallon as  part of a multi-year increase.  It will increase another two cents in 2021. Motor Fuel 7/1/2020 $82.6 $84.8
South Carolina Non-refundable tax credit of 35% for angel investors (extension of previously enacted legislation). Personal Income 5/6/2020 -$5.0 -$5.0
South Carolina Non-refundable tax credit for qualified low-income housing projects. (Based on the federal housing tax credit in IRC 42. May also be applied against corporate income, license fees, bank, and insurance premium taxes.) Personal Income 5/14/2020 $2.1 $1.6
Tennessee Required marketplace facilitators with sales over $100K to remit sales and use tax; lowers the threshold for dealers with no presence in the state, from $500K to $100K, regarding such collection. Sales and Use 10/1/2020 $108.3 $144.4
Tennessee One-time expansion of sales tax holiday. Sales and Use 7/1/2020 -$9.8 $0.0
Tennessee Enacts the Annual Coverage Assessment Act of 2020 which establishes an annual coverage assessment on hospitals of 4.87 percent of a covered hospitals annual coverage assessment base. Health Care 7/1/2020 $602.6 $0.0
Tennessee Extended the Ground Ambulance Provider Assessment Act. Health Care 7/1/2020 $10.7 $0.0
Tennessee Extended the Nursing Home Assessment Act. Health Care 7/1/2020 $134.6 $0.0
Utah Amends an addition to income for corporate income tax purposes. Corporate Income 1/1/2020 -$1.0 -$1.0
Utah Removes the 80% limitation on a Utah net loss carry forward for the 2018 through 2020 Income Tax Years. Corporate Income 1/1/2020 -$2.8 N.A.
Virginia Increase cigarette tax from $0.30 to $0.60 per pack. Tobacco 7/1/2020 $99.1 $108.2
Virginia Double the tax on other tobacco products (10% to 20%). Tobacco 7/1/2020 $20.1 $22.6
Virginia New tax on liquid nicotine at the rate of $0.066 per milliliter. Tobacco 7/1/2020 $3.9 $4.3
Virginia Monthly tax on distributors of skill games. Miscellaneous 7/1/2020 $150.0 $0.0
Virginia Lower the threshold for 1099K reporting to $600. Personal Income 1/1/2020 $10.3 $20.6
Virginia Increase the motor fuels tax by $0.10 per gallon over two years. The existing gas tax based on a percentage of the wholesale price of gasoline and diesel fuel is converted to a cents-per-gallon tax. A rate of $0.262 per gallon of gasoline will be phased in over two years, and then indexed every year thereafter. Motor Fuel 7/1/2020 $200.7 $400.5
Virginia Impose 0.7% regional sales tax for transportation in Planning District 15. Sales and Use 10/1/2020 $96.3 $198.2
Virginia Impose regional fuels tax in Planning District 15. Motor Fuel 7/1/2020 $47.1 $51.4
Virginia Impose a grantor's tax of $0.06 per $100 of value, called the “Regional transportation improvement fee,” imposed on real estate sale transactions located in any county or city that is a member of the Hampton Roads Transportation District. Miscellaneous 7/1/2020 $7.4 $6.9
Virginia Impose a 1% additional Transportation District Transient Occupancy Tax (TDTOT) for localities located in the Hampton Roads Transportation District. Miscellaneous 5/1/2021 $0.6 $7.4
Virginia Impose a 1% additional Transportation District Transient Occupancy Tax (TDTOT) for localities located in the Northern Virginia Transportation District. Miscellaneous 5/1/2021 $2.5 $15.4
Virginia additional grantor’s tax of $0.05 per $100 of value in Planning District 8. Miscellaneous 5/1/2021 $3.0 $17.8
Virginia District Court Civil Filing Fees - Increases the fees for services of district court judges, clerks, and magistrates in civil cases by $6. Fee 7/1/2020 $3.9 $3.9
Virginia Reduce annual motor vehicle registration fee by $10. Fee 7/1/2020 -$80.7 -$81.4
Virginia Highway Use Fee on electric vehicles. Fee 7/1/2020 $39.9 $49.3
Washington Removed expiration and expanded eligibility for property tax exemption for tribal owned property used for economic development. Property 6/11/2020 N.A. N.A.
Washington Expanded and extended property tax exemption for nonprofits providing housing to very low income households. Property 7/1/2020 N.A. N.A.
Washington Clarified and expanded Sales and Use Tax exemptions for batteries and battery packs for electric and hybrid vessels and related infrastructure. Sales and Use 7/1/2020 N.A. N.A.
Washington Authorized the extension in certain cities of the special property validation of historic properties. Property 6/11/2020 N.A. N.A.
Washington Extension of the multi-family property tax exemption for properties currently receiving MFTE set to expire until 12/31/21. Property 7/1/2020 N.A. N.A.
Washington Provides Sales and Use Tax for feminine hygiene products. Sales and Use 1/1/2022 N.A. N.A.
Washington Changes heavy equipment rental from property tax and imposes a rental tax of 1.25%. Property 6/11/2020 N.A. N.A.
Washington Extends SUT exemption for large private airplanes owned by nonresidents that are being modified in WA until 7/1/31. Property 6/11/2020 N.A. N.A.
Washington Exempts value of constructing Accessible  Dwelling Units from property taxes for 3 years. Property 6/11/2020 N.A. N.A.
Washington Makes use tax exemption permanent for receipt of prize valued under $12K from nonprofit or library fundraising activity. Sales and Use 6/11/2020 N.A. N.A.
Washington Eliminates Workforce Education Investment surcharge that was effective Jan 1 2020.  Delayed imposition until April 1.  Increases service B&O rate on certain business to 1.8%.  Increases rate on advanced computing businesses. Corporate Income 2/10/2020 N.A. N.A.
Washington Repealed 0.2904% B&O rate for civil aircraft manufacturing. Provided for 0.357% rate if allowed pursuant to WTO agreement and certain conditions met. Corporate Income 3/25/2020 N.A. N.A.
Washington Creates an insurance fraud surcharge (reduces administrative charge commensurately) to fund insurance commissioner fraud program. Other 7/1/2020 N.A. N.A.
Wisconsin Adopt federal deduction for contributions to HSA, Archer MSA, flexible FSA, and health reimbursement arrangements used for expenses related to menstrual care products. Personal Income 1/1/2020 -$3.2 -$4.2
Wisconsin Automatic Income Tax Rate Reduction Based on Estimated Increased Sales Tax Revenue from Remote Sellers and Marketplace Providers. Personal Income TY 2020 -$119.3 -$119.3
Wisconsin Adopted the federal subtraction before the calculation of federal AGI for up to $300 of qualified charitable contributions in tax year 2020. Personal Income TY 2020 -$4.2 $0.0
Wisconsin Suspend state penalty for any distribution related to Covid-19 from an eligible retirement plan in 2020. Personal Income 1/1/2020 -$12.1 $2.0
Wisconsin CARES Act - Required Minimum Distribution Waived for Qualified Retirement Plans in 2020. Personal Income 1/1/2020 -$41.0 $6.0
Wisconsin CARES Act - Minimum Required Contribution for Single Employer Pension Plan Deadline Extended. Corporate Income 1/1/2020 $14.2 $1.6
Wisconsin Adopted the federal deduction for qualified charitable contributions up to 50% of federal AGI (individuals) and up to 25% of adjusted taxable income (corporations). Corporate Income TY 2020 -$25.7 $14.4
Wisconsin Payments made by employer on behalf of employee for student loan principal and interest are excluded from income. Corporate Income 1/1/2021 -$2.1 Minimal
Wisconsin Create provisions that require a marketplace provider to collect/remit sales and use tax on sales facilitated by the marketplace provider on behalf of a marketplace seller. Sales and Use 1/1/2020 $67.1 $67.1
Wisconsin Repeal sales tax on internet access, as required under federal law. Sales and Use 7/1/2020 -$166.0 -$166.0
Wisconsin Decrease the administrative allowance that licensed motor vehicle fuel suppliers may deduct when remitting the fuel tax on gasoline to the Department of Revenue. Motor Fuel 1/1/2020 $5.7 $5.7
Wisconsin Eliminate the refund of the motor vehicle fuel tax paid on gasoline received into a service station operator's storage facilities to cover shrinkage and evaporation losses. Motor Fuel 1/1/2020 $4.2 $4.2
Wyoming Applied tax to specified nicotine products, including electronic cigarette and vapor material. Tobacco 7/1/2020 N.A. N.A.
Wyoming Implemented a statewide lodging tax. Miscellaneous 1/1/2021 $9.3 $18.6
Wyoming Tax exemption for new oil and gas wells. Miscellaneous 7/1/2020 -$3.6 -$3.6
Wyoming Severance tax exemption for coal shipped internationally. Miscellaneous 7/1/2020 N.A. N.A.
Wyoming Adjusted uranium taxation rates. Miscellaneous 7/1/2020 N.A. N.A.
Wyoming Taxation on sale of electricity from nuclear reactors. Miscellaneous 1/1/2021 N.A. N.A.
Wyoming Increased filing and automation court fees. Fee 7/1/2020 $1.5 $1.5

2019
Juridiction Description Type Effective Date Fiscal Year 2020 Fiscal Year 2021
Alabama Increased and extended the private hospital assessment. The rate went from 5.75% to 6%. This assessment will sunset Sept. 30, 2022. Health Care 10/1/2019 $23.7 Unknown
Alabama Extended the nursing home assessments that were set to expire in 2019. No change in taxpayer liability. Health Care 9/1/2019 N.A. N.A.
Alabama Increased motor fuel tax rates by six cents. Two more increases will be phased in on Oct. 1, 2020 and Oct. 1, 2021. The increase in 2020 is expected to bring in an additional $65 million in FY 2021. These changes were part of a larger reform measure. Motor Fuel 8/31/2019 $194.0 $194.0
Alabama Enacted a new license fee on electric/hybrid vehicles. Fee 1/1/2020 $3.0 $4.2
Arizona Conformed the state's tax code to the IRC as of January 1, 2019, including federal provisions that became effective in 2018. This change was part of a larger reform measure. Corporate Income 1/1/2018 $7.1 N.A.
Arizona Reduced the annual increase of the aggregate cap for a private school tuition tax credit for students from low-income families. Corporate Income 7/1/2020 $5.4 $13.4
Arizona Conformed the state's tax code to the IRC as of January 1, 2019, including federal provisions that became effective in 2018. This change was part of a larger reform measure. Personal Income 1/1/2018 $209.9 N.A.
Arizona Made numerous changes to the state individual income tax code, including the following:  (1) eliminating personal and dependent exemptions, (2) increasing the standard deduction, (3) allowing taxpayers that take the standard deduction to increase their standard deduction by 25% of their charitable contributions that otherwise would have been deductible had they itemized their deductions, (4) establishing a new dependent tax credit, and (5) reducing the number of tax brackets from 5 to 4 and lowering the marginal tax rates. These changes were a part of a larger reform measure. Personal Income 1/1/2019 -$326.0 N.A.
Arizona Expanded an existing charitable tax credit to include charitable organizations supporting adults with chronic illness or physical disability. Personal Income 1/1/2019 -$1.2 N.A.
Arizona Enacted "Wayfair" provisions enabling Arizona to begin collecting sales tax from out-of-state businesses. Sales and Use 10/1/2019 $57.0 $28.0
Arizona Expanded an existing sales tax exemption for propagative materials to include fertilizers. Sales and Use 1/1/2019 -$7.4 -$7.4
Arkansas Extended the sunset date for the special privelege tax on medical marijuana to July 1, 2021. No change in taxpayer liability. Health Care 7/1/2019 $2.5 $2.5
Arkansas Enacted a new tax of 1.6% on the average wholesale price of fuel. This change was a part of a larger tax reform measure. Motor Fuel 7/1/2019 $58.0 $86.0
Arkansas Reduced the tax credit available to offset the insurance premium tax. This change was a part of a larger tax reform measure. Other 7/1/2019 $1.0 $4.0
Arkansas Enacted personal income tax rate changes. The state will consolidate its brackets through 2021, overall reducing its brackets from six to four. The top income tax rate will fall from 6.9% to 5.9% over that period. These changes were a part of a larger tax reform measure. Personal Income 7/1/2019 -$26.0 -$74.0
Arkansas Increased the homestead property tax credit. This change was a part of larger tax reform measure. Property 7/1/2019 -$12.5 -$12.5
Arkansas Modified the sales and use tax base to include remote sellers and marketplace facilitators. This change was a part of a larger tax reform measure.  Sales and Use 7/1/2019 $32.0 $27.0
Arkansas Reduced the concealed carry fee from $100 to $50. Fee 7/1/2019 -$1.4 -$1.4
Arkansas Increased 911 System fees from $0.65 to $1.30. Fee 7/1/2019 $10.1 $10.1
California Eliminated like-kind exchanges of personal and intangible property for single filers earning more than $250,000 or joint filers earning more than $500,000. This was part of a larger reform measure that partially conformed to the IRC. Corporate Income 1/1/2019 $238.0 $200.0
California Eliminated net operating loss carrybacks. This was part of a larger reform measure that partially conformed to the IRC. Corporate Income 1/1/2019 $200.0 $190.0
California Limited the deduction of federal deposit insurance corporation premiums paid by banks. This was part of a larger reform measure that partially conformed to the IRC. Corporate Income 1/1/2019 $65.0 $65.0
California Eliminated the difference between state and federal law regarding the tax treatment of corporate mergers and acquisitions. This was part of a larger reform measure that partially conformed to the IRC. Corporate Income 1/1/2019 $38.0 $60.0
California Repealed the "technical termination" of partnerships. This was part of a larger reform measure that partially conformed to the IRC. Corporate Income 1/1/2019 $10.0 $5.0
California Increased the annual revenue threshold to $25 million for certain simplified accounting rules for small businesses. This was part of a larger reform measure that partially conformed to the IRC. Corporate Income 1/1/2019 -$280.0 -$110.0
California Limited noncorporate business losses. This was part of a larger reform measure that partially conformed to the IRC. Personal Income 1/1/2019 $1,300.0 $850.0
California Expanded the state's EITC. Personal Income 1/1/2019 -$600.0 -$600.0
California Created a tax exemption for menstrual products and children's diapers. This change sunsets Jan. 1, 2022. Sales and Use 1/1/2020 -$17.5 -$35.0
Colorado Following the U.S. Supreme Court ruling in Wayfair v. South Dakota, this bill codified the Department of Revenue's rules that established economic nexus for out-of-state retailers and in-state destination-based sourcing rules, as well as requiring marketplace facilitators to collect and remit sales taxes on behalf of their vendors. It is expected to increase revenue on an ongoing basis starting in FY 2020. It is estimated to bring in anywhere from $40.5 million to $47.2 million in FY 2020, and $54.9 million and $65.7 million in FY 2021. The change was a party of a larger reform measure. Sales and Use 6/1/2019 $43.9 $60.3
Colorado In Colorado, retailers may retain a fee for collecting and remitting state sales tax. HB 1245 increased the state vendor fee from 3.33% to 4.0% and capped the vendor fee allowance at $1,000 per account per filing period. The additional funds generated from this cap are allocated for the development of affordable housing. Sales and Use 8/2/2019 $23.1 $47.9
Colorado Voters approved a measure that decriminalized sports betting and levies a tax on net sports betting revenue. The new law would levy a 10% tax on net sports betting proceeds. HB 1327 annually increases state revenue and expenditures on an ongoing basis. This bill is expected to increase state revenue by between $6.3 million and $6.5 million in FY 2020. (This represents a part-year impact.) It is expected to increase revenue between $9.7 million and $11.2 million in FY 2021. As the sports betting market matures in the state, revenue is expected to grow around 10% in FY 2022, from between $13.5 million to $15.2 million. Revenue in FY 2020 and FY 2022 include licensing fees for the initial license and biannual renewal, respectively, for the majority of licenses. Other 5/1/2020 $1.4 $9.7
Colorado Increased the waste tire fee from $0.55 to $2.00 per tire from January 1, 2020, through December 31, 2023, and recreated the End User Fund and rebate program. SB 198 will increase state revenue and expenditures through FY 2023-24. On net, the bill increases state cash fund revenue by $3,262,500 in FY 2019-20 and $6,525,000 in FY 2020-21, which is credited 75 percent to the End Users Fund and 25 percent to the Waste Tire Fund.  The End Users Fund receives 75 percent of the waste tire fee revenue under the bill, estimated at $3,375,000 in FY 2019-20 and by $6,750,000 in FY 2020-21.  The Waste Tire Fund receives 25 percent of the waste tire fee revenue, which compared to current law, will result in a decrease in revenue to the fund of  $112,500 in FY 2019-20 and $225,000 in FY 2020-21. Fee 1/1/2020 $3.3 $3.3
Colorado Expanded the regulatory charge of the Department of Natural Resources related to oil and gas production, and allows local governments to also regulate oil and gas operations within their jurisdictions. SB 181 increased state government revenue and expenditures and may also impact local government revenue and expenditures on an ongoing basis. This bill increased state revenue from application fees to the COGCC by $3.0 million per year starting in FY 2019-20, and may impact severance tax revenue in the future. Currently, the COGCC's estimated cost to process a request for a new oil and gas location is approximately $1,000, and the estimated cost to process an application for a permit to drill isapproximately $300.  Current law caps fee amounts at $200; however, under current practice the DNR does not charge any permit fees.  This bill permits the DNR to establish fee amounts in rule. The DNR estimates that the COGCC processes about 600 new oil and gas location applications,and 8,000 permit to drill applications annually. Based on this volume of applications and anticipated increase in fee amounts, the bill will increase state revenue. Fee 4/16/2019 $3.0 $3.0
Colorado Modified ownership and investment definitions and allows publicly traded corporations to own or invest in a marijuana business. HB 1090 will increase state revenue and expenditures on an ongoing basis. This bill will increase state cash fund revenue by $3.1 million in FY 2019-20 and FY 2020-21 to the Marijuana Cash Fund in DOR from fees. This revenue is subject to TABOR, however under the March 2019 Legislative Council Staff forecast, a TABOR surplus is not expected in FY 2019-20 or FY 2020-21. Fee 5/29/2019 $3.1 $3.1
Colorado This bill created the Front Range Waste Diversion Enterprise in the Department of Public Health and Environment to promote waste diversion. SB 192 will increase state revenue and expenditures until September 1, 2029. This bill will increase revenue by $1,689,503 in FY 2019-20, $5,220,551 in FY 2020-21, and $8,961,975 in FY 2021-22 to the Front Range Waste Diversion Cash Fund.  When fully implemented, the bill increases fee revenue by $14,914,117 in FY 2023-24. The fee will increase from $0.35 per cubic yard to $0.95 per cubic yard. Fee 8/2/2019 $2.0 $2.0
Connecticut Increased excise tax rates for alcoholic beverages, except beer, by 10%. Revenue amounts reflect sales tax and FY 20 floor tax impacts. Alcohol 10/1/2019 $4.9 $5.3
Connecticut Increased excise tax rates for alcoholic beverages, except beer, by 10%. Revenue amounts reflect sales tax and FY 20 floor tax impacts. Sales and Use 10/1/2019 $4.9 $5.3
Connecticut Eliminated the Capital Stock Tax method. This change will be eliminated by Jan. 1, 2024. Corporate Income 1/1/2021 N.A. -$5.7
Connecticut Extended the 10% surcharge for two years. (7.5% vs. 8.25%) This change was part of a larger reform measure. No change in taxpayer liability. Corporate Income 1/1/2019 $60.0 $37.5
Connecticut Repealed the $250 (biennial) Business Entity Tax. Corporate Income 1/1/2020 N.A. -$44.0
Connecticut Lowered the cap on the usage of R&D and Urban and Industrial Site Reinvestment tax credits. The cap went from 70% to 50.01%. Corporate Income 1/1/2019 $34.4 $21.5
Connecticut Repealed the "7/7" Brownfield and Underutilized Property Redevelopment Tax Credit. Corporate Income 1/1/2019 N.A. $8.0
Connecticut Eliminated the scheduled reduction and maintained the Hospital Tax at the FY 19 level. No change in taxpayer liability. Health Care 7/1/2019 $516.0 $516.0
Connecticut Mandated online platforms (short-term rental facilitators) to collect and remit the occupancy tax. Other 10/1/2019 $1.5 $2.0
Connecticut Modified the Real Estate Conveyance Tax by adding a marginal rate of 2.25% on any portion of a sale exceeding $2.5 million. Other 7/1/2019 N.A. $6.3
Connecticut Phased-in reductions or eliminations of the state admissions and dues tax for various venues. Other 7/1/2019 -$0.8 -$1.6
Connecticut Established a Family and Medical Leave Insurance Program supported by employee contributions up to 0.5%. Other 1/1/2021 N.A. Unable to determine fiscal impact
Connecticut Allowed taxpayers to calculate their property tax credit using the marginal amount of Real Estate Conveyance Taxes paid at the rate of 2.25%. The credit equals 33.3% of the amount paid and is applied over 3 years. Personal Income 1/1/2021 N.A. N.A.
Connecticut Extended the limits on the property tax credit established temporarily during the 2018-2019 biennium. This change was part of a larger reform measure. No change in taxpayer liability. Personal Income 1/1/2019 $53.0 $53.0
Connecticut Delayed the scheduled increase to teachers' pension exemptions until income year 2021. This change was part of a larger reform measure. No change in taxpayer liability. Personal Income 1/1/2019 $8.0 $8.0
Connecticut Extended and expanded the Angel Investor tax credit. The credit will now sunset July 1, 2024. This change was part of a larger reform measure. Personal Income 7/1/2019 -$5.0 -$5.0
Connecticut Reduced the credit for passthrough entity taxes paid. Personal Income 1/1/2019 $50.0 $50.0
Connecticut Expanded the exemption for Social Security income. Personal Income 1/1/2019 -$24.2 -$17.4
Connecticut Phased-in the new exemption for pension and annuity income. Personal Income 1/1/2019 -$32.8 -$41.1
Connecticut Repealed the newly established tax credit for STEM graduates. Personal Income 1/1/2019 $3.9 $7.9
Connecticut Imposed a prepared foods tax of 1% in addition to the sales and use tax of 6.35%. Sales and Use 10/1/2019 $48.3 $65.8
Connecticut Expanded the base to include dry cleaning services, parking, and interior design services. Sales and Use 1/1/2020 $11.8 $24.4
Connecticut Increased the tax rate on digital goods from 1% to 6.35%. Sales and Use 10/1/2019 $27.5 $37.1
Connecticut Expanded the enhanced collections of online transactions by: 1) lowering the threshold to establish economic nexus; and 2) implementing the use of Certified Service Providers. (Budget assumes $30 million from this in FY 2021) Sales and Use 7/1/2019 $1.5 $32.0
Connecticut Raised the legal purchase for cigarettes and tobacco products to 21. The revenue amounts reflect the sales tax impact. This results in a tax base reduction. Tobacco 10/1/2019 -$4.9 -$6.3
Connecticut Imposed a tax on e-cigarettes and paraphernalia. E-cigarettes will be taxed at a rate of $0.40 per mL for pre-filled products and 10% on the wholesale price of all other e-cigarette products including paraphernalia. Revenue amounts reflect sales tax impact. Tobacco 10/1/2019 $2.0 $2.7
Connecticut Increased the fee on ridesharing services. This increased from $0.25 to $0.30 per ride. Fee 7/1/2019 $4.5 $4.6
Connecticut Imposed a 10-cent fee on single-use plastic bags at the point of sale, with a ban in effect beginning July 1, 2021. This change was part of a larger reform measure. Fee 8/1/2019 $27.7 $26.8
Connecticut Increased the Motor Vehicle trade-in fee from $35 to $100. Revenues will be deposited into the general fund. Fee 10/1/2019 $7.4 $9.8
Connecticut Increase annual filing fees with the Secretary of State for LLPs and LLCs from $20 to $100. Fee 7/1/2020 N.A. $12.0
Delaware Modified the state's alcoholic beverage tax by shifting it from a "floor" tax to a sales tax for wholesalers. It is estimated that this will bring in an additional $1.8 million to $2.4 million in revenue. This is a temporary tax change, and it was part of a larger reform measure. Alcohol 7/1/2019 $2.1 $2.1
Florida Enacted a back-to-school sales tax holiday. Exempted certain clothing, school supplies, personal computers and related accessories from Aug. 2-Aug. 6, 2019. Sales and Use 5/15/2019 -$41.7 N.A.
Florida Enacted a disaster preparedness sales tax holiday. Exempted certain tangible personal property from May 31, 2019-June 6, 2019. Sales and Use 5/15/2019 -$5.5 N.A.
Florida Exempted donations made by a business to a charitable nonprofit (501(c)3) from use tax. Sales and Use 7/1/2019 -$3.7 -$3.8
Florida Reduced the tax rate on the lease of commercial real property from 5.7 to 5.5 percent. Sales and Use 1/1/2020 -$27.4 -$60.0
Florida Enacted a refund for certain air carriers. Certain air carriers may receive a refund of 1.42 cents per gallon of the tax imposed on aviation fuel purchased. Other 7/1/2019 -$10.5 -$14.9
Florida Increased the traffic infraction fee reduction from 9% to 18% for individuals that complete driving improvement school. Fee 1/1/2020 -$0.7 -$1.7
Georgia Reduced the number of quality jobs needed to qualify for the Quality Jobs Tax credit in Tier 1 and Tier 2 rural counties from 50 to 10 and 25, respectively. Corporate Income 7/1/2019 -$2.0 -$6.0
Georgia Doubled the cap for 529 plan contributions. This change will result in an increase ranging from $1.9 million to $3 million annually. Personal Income 1/1/2019 $2.5 $2.5
Georgia Modified the threshold for out-of-state retailers to collect and remit sales taxes. The threshold was reduced from $250,000 to $100,000 annual sales in the state. This will also result in a local revenue increase of $3.2 million in FY 2020 and $7.3 million in FY 2021. Sales and Use 1/1/2020 $3.9 $8.9
Hawaii Created a new estate tax bracket at $10 million. The rate will now be 20%, rather than 15.7%, for taxpayers that meet this threshold. Other 1/1/2020 $4.5 $4.7
Hawaii Made the transient accomodation tax applicable to mandatory resort fees. Other 7/1/2019 $9.1 $10.3
Hawaii Increased the cap on film tax credits. Personal Income 1/1/2019 -$15.0 -$15.0
Hawaii Enacted a nexus standard for business income earned in Hawaii. Personal Income 1/1/2020 $3.0 $3.1
Hawaii Decoupled the research credit from the IRC. Applied it to the base. Imposed a $5 million aggregate cap. Personal Income 1/1/2020 -$1.7 -$5.0
Hawaii Modified the general excise tax to include marketplace facilitators as sellers of tangible personal property, intangible property and services. Sales and Use 1/1/2020 $4.0 $9.8
Idaho Modified IRC conformity in regard to the Tax Cuts and Jobs Act, specifically the state provided the incentives for the repatriation of foreign assets and deductions for GILTI and FDII. Corporate Income 1/1/2017 $12.8 $2.9
Idaho Enacted collection requirements for marketplace facilitators and online retailers following the Wayfair decision. Sales and Use 6/1/2019 $30.0 $34.5
Idaho Exempted labor costs from sales tax when adding accessories to a new vehicle. Sales and Use 7/1/2019 -$1.0 -$1.0
Illinois Decoupled from the federal foreign-derived intangible income deduction. Corporate Income 1/1/2020 $94.0 N.A.
Illinois Enacted the Blue Collar Jobs Act, which enacted or expanded a series of incentives for economic development. Corporate Income 1/1/2020 -$20.0 N.A.
Illinois Eliminated the state's corporate franchise tax. The tax will be phased out until 2024. This will result in a loss of $200 million per year over the phase out period. Corporate Income 1/1/2020 -$200.0 -$200.0
Illinois Enacted an assessment on managed care organizations. Health Care 1/7/2019 $530.0 N.A.
Illinois Enacted a new parking excise tax rate. The rate is 6% of the purchase price for a parking space paid for on an hourly, daily or weekly basis. The rate is 9% of the purchase price for a parking space paid for on a monthly or annual basis. Other 1/1/2020 $30.0 $60.0
Illinois Enacted numerous gaming changes, including the legalization of sports betting. Thes changes include a multiyear implementation timeframe. Other 1/7/2019 N.A. N.A.
Illinois Enacted a motor fuel tax increase. The rate went from $0.19 to $0.38. Motor Fuel 1/7/2019 $1,295.0 N.A.
Illinois Enacted a $10,000 cap on an item of like kind's trade-in allowance. Sales and Use 1/1/2020 $30.0 $60.0
Illinois Enacted legislation modifying remote sales tax collection requirements. Sales and Use 1/1/2020 N.A. $208.0
Illinois Required marketplace facilitators to collect and remit taxes for their third-party sellers. Sales and Use 1/1/2020 $80.0 $120.0
Illinois Expanded the manufacturing machinery and equipment exemptions. Sales and Use 1/7/2019 -$60.0 N.A.
Illinois Increased the cigarette tax rate from $1.98/pack to $2.98/pack. This change is estimated to increase revenue between $100 and $150 million in FY 2020. Tobacco 7/1/2019 $125.0 N.A.
Illinois Enacted a tax of 15% of the wholesale price on e-cigarettes. Tobacco 7/1/2019 $10.0 N.A.
Illinois Increased the electric vehicle registration fee. The fee increased from $35 to $248. Fee 1/1/2020 $4.0 N.A.
Illinois Increased the passenger vehicle registration fee. The fee increased from $98 to $148. Fee 1/1/2020 $465.0 N.A.
Illinois Increased registration fees for trucks, buses, and trailors. Fee 1/1/2020 $25.0 N.A.
Illinois Increased the fee on certificates of title. Fee 1/7/2019 $152.0 N.A.
Illinois Repealed commercial distribution fees. Fee 1/7/2019 -$50.0 N.A.
Illinois Enacted a franchise tax amnesty program from Oct. 1 to Nov. 15, 2019. Non-Tax 1/10/2019 $175.0 N.A.
Indiana Phased in a reduction to the corporate income tax from 8.5% in FY 2012 to 6.5% in FY 2016. In the 2014 legislative session, the corporate income tax rate was further phased down from 6.5% in FY 2016 to 4.9% in FY 2022 and thereafter. The rate will be reduced from 5.75% to 5.5% in FY 2020, and will reduce to 5.25% in FY 2021. This change was a part of a larger reform measure. Corporate Income New phased down rate is effective at the beginning of each fiscal year. -$227.5 -$240.3
Indiana In the 2014 legislative session, the Financial Institution Tax (FIT) was phased down from 6.5% in CY 2018 to 4.9% in CY 2023 and thereafter. The rate will go from 6.25% in CY 2019 to 6% in CY 2020, and 5.5% in CY 2021. Other New phased down rate is effective at the beginning of each fiscal year. -$28.5 -$36.2
Indiana Enacted TCJA conformity legislation. Other 1/1/2018 -$5.4 -$4.2
Indiana Enacted changes to the utility receipts tax. Other 1/1/2021 N.A. -$1.5
Indiana Enacted new (sports gaming) and modified existing gaming taxes. This change was part of a larger reform measure. Other 7/1/2019 $18.8 $34.4
Indiana Expanded local innkeeper's tax liability to include rooms, lodgings or other accommodations in a house, condominium or apartment that are regularly furnished for consideration for less than 30 days. Other 7/1/2019 Indeterminable, but potentially significant increase. Indeterminable, but potentially significant increase.
Indiana Expanded the military income tax deduction by providing a deduction for 100% of income. Previously, the tax deduction went up to $6,250. Personal Income 1/1/2020 -$3.3 -$6.9
Indiana Created exemptions for qualified data center equipment, including electricity. Sales and Use 1/1/2019 (retroactive) Indeterminable, but potentially significant increase. Indeterminable, but potentially significant increase.
Indiana Enacted a new provision to require marketplace facilitators to collect sales tax on behalf of third-party sellers. This change is estimated to bring in up to $55.8-$71.6 million in FY 2020 and up to $67-$86 million  in FY 2021. Sales and Use 7/1/2019 $63.7 $76.5
Indiana Enacted changes to gaming license fees. Fee 7/1/2019 $9.0 $4.0
Iowa Expanded the Beginning Farmer Tax Credit. Personal Income 1/1/2019 -$0.4 -$1.4
Iowa Expanded the state's Housing Tax Credits. Personal Income 7/1/2019 -$2.2 -$4.9
Iowa Extended the Targeted Jobs Tax Credit to June 30, 2021. No change in taxpayer liability. Personal Income 7/1/2019 -$0.6 -$1.2
Iowa Expanded the School Tuition Tax Credit. Personal Income 1/1/2020 -$0.1 -$1.1
Iowa Reinstated the geothermal tax credit. Personal Income 1/1/2019 -$1.0 -$1.0
Iowa Enacted a sales tax exemption on grain bins. Sales and Use 1/1/2019 -$5.2 -$5.3
Iowa Narrowed the state's economic nexus provision by removing the $100,000 provision and only requiring a remote retailer to have nexus if they make 200 separate transactions. Sales and Use 7/1/2019 -$0.9 -$1.0
Iowa Modified the machinery and equipment sales tax exemption for parts used at property that is centrally assessed. Sales and Use 1/1/2016 $1.5 $0.6
Kentucky Expanded the recycling and composting tax credit. This change was part of a larger reform measure. Corporate Income 1/1/2020 N.A. -$4.5
Kentucky Raised the threshold for expensing of property under IRC Section 179 to $100,000. This change was part of a larger reform measure. Corporate Income 1/1/2020 N.A. -$33.0
Kentucky Repealed the Bank Franchise Tax and required financial institutions to report and pay tax as all other corporations. This change will have a fiscal impact in FY 2022. This change was a part of a larger reform measure. Corporate Income 1/1/2021 N.A. N.A.
Kentucky The Communications Services Tax was expanded to include video streaming. This change was a part of a larger reform measure. Other 7/1/2019 $5.5 $6.0
Kentucky Previously disallowed itemized deductions are authorized again, specifically for investment interest and wagering losses. This change was part of a larger reform measure. Personal Income 1/1/2019 -$9.5 -$9.5
Kentucky Authorized an extra tax credit for families with a certain threshold of income. Personal Income 1/1/2019 -$4.2 -$4.2
Kentucky Reduced rate for certain heavy equipment rentals. The rate went from $0.45 per $100 of assessed value to $0.05 per $100 of assessed value. This change was part of a larger reform measure. Property 1/1/2020 N.A. $1.0
Kentucky Required marketplace providers to collect on behalf of their third-party sellers. This change was part of a larger reform measure. Sales and Use 7/1/2019 $17.0 $30.0
Kentucky Authorized resale certificates for the sale of certain services. This change was part of a larger reform measure. Sales and Use 7/1/2019 -$3.5 -$3.8
Kentucky Authorized a de minimis sales volume for the sale of certain services. This change was part of a larger reform measure. Sales and Use 7/1/2019 -$2.3 -$2.5
Kentucky Clarified the taxation of certain manufacturing operations using tolling operations. This change was part of a larger reform measure. Sales and Use 7/1/2018 -$4.5 -$5.0
Kentucky Exempted admissions and all fundraising event sales for all nonprofit entities. This change was part of a larger reform measure. Sales and Use 3/26/2019 -$19.3 -$21.0
Louisiana Allowed pass-through entities to elect to be taxed at the entity level ar the rate/bracket structure of individuals filing married jointly. Corporate Income 1/1/2019 Increase Decrease
Louisiana Allowed pass-through entities to elect to be taxed at the entity level ar the rate/bracket structure of individuals filing married jointly. Personal Income 1/1/2019 Decrease Decrease
Louisiana Enacted a 50% increase in special overweight permits. Fee 1/1/2020 $4.3 $8.6
Maine Modified the Maine Investment Tax Credit. Corporate Income 1/1/2020 $0.9 $7.8
Maine Made several changes to tax credits, including the Maine Investment Tax Credit. Increased the EITC rate and expanded eligibility for the credit. Personal Income 1/1/2020 $1.3 -$3.5
Maine Reduced the property tax fairness tax credit income threshold from 6% to 5%. Personal Income 1/1/2020 N.A. -$9.9
Maine Enacted a marketplace facilitator sales tax collection requirement. Sales and Use 10/1/2019 $13.1 $17.5
Maine Modified the tobacco product tax base, such as including vapor products, and increased the tax rate based on the wholesale price. The rate increased from 20% to 43%. Tobacco 1/2/2020 $5.5 $9.7
Maryland Extended the sunset date for the research and development tax credit. The new termination date is June 30, 2022. This will result in a revenue reduction of $6.9 million in FY 2022, $2.2 million in FY 2023, and $1.7 million in FY 2024. No change in taxpayer liability. Corporate Income 7/1/2019 N.A. N.A.
Maryland Extended the sunset date for the research and development tax credit. The new termination date is June 30, 2022. This will result in a revenue reduction of $6.9 million in FY 2022, $2.2 million in FY 2023, and $1.7 million in FY 2024. No change in taxpayer liability. Personal Income 7/1/2019 N.A. N.A.
Maryland Extended the job creation tax credit through TY 2021. No change in taxpayer liability. Corporate Income 7/1/2019 -$3.9 -$3.9
Maryland Extended the job creation tax credit through TY 2021. No change in taxpayer liability. Personal Income 7/1/2019 -$3.9 -$3.9
Maryland Established an income tax credit for qualified workforce housing projects located within opportunity zones. This change was part of a larger reform measure. Corporate Income 7/1/2019 -$4.0 -$4.0
Maryland Established an income tax credit for qualified workforce housing projects located within opportunity zones. This change was part of a larger reform measure. Personal Income 7/1/2019 -$4.0 -$4.0
Maryland Extended the heritage structure rehabilitation (historic revitalization) tax credit program through FY 2024; altered eligibility for small commerical projects to include certain residential units in specified development projects, certain agricultural structures, and certain post-World War II structures; and provided an additional tax credit and increased maximum credit amounts for certain commercial rehabilitations within opportunity zones. This will result in a revenue reduction of $10 million in FY 2023 and $11 million in FY 2024. This change was part of a larger reform measure. Corporate Income 7/1/2019 N.A. N.A.
Maryland Extended the heritage structure rehabilitation (historic revitalization) tax credit program through FY 2024; altered eligibility for small commerical projects to include certain residential units in specified development projects, certain agricultural structures, and certain post-World War II structures; and provided an additional tax credit and increased maximum credit amounts for certain commercial rehabilitations within opportunity zones. This will result in a revenue reduction of $10 million in FY 2023 and $11 million in FY 2024. This change was part of a larger reform measure. Personal Income 7/1/2019 N.A. N.A.
Maryland Extended and expanded the More Jobs for Marylanders tax credit program for qualifying manufacturing businesses in certain counties or certain qualifying businesses in opportunity zones. This change was part of a larger reform measure. This revenue reduction will exceed $21 million annually from FY 2022 through FY 2030. Corporate Income 6/1/2019 N.A. -$10.4
Maryland Extended and expanded the More Jobs for Marylanders tax credit program for qualifying manufacturing businesses in certain counties or certain qualifying businesses in opportunity zones. This change was part of a larger reform measure. This revenue reduction will exceed $21 million annually from FY 2022 through FY 2030. Personal Income 6/1/2019 N.A. -$10.4
Maryland Extended and expanded the More Jobs for Marylanders tax credit program for qualifying manufacturing businesses in certain counties or certain qualifying businesses in opportunity zones. This change was part of a larger reform measure. This revenue reduction will exceed $21 million annually from FY 2022 through FY 2030. Property 6/1/2019 N.A. -$10.4
Maryland Extended and expanded the More Jobs for Marylanders tax credit program for qualifying manufacturing businesses in certain counties or certain qualifying businesses in opportunity zones. This change was part of a larger reform measure. This revenue reduction will exceed $21 million annually from FY 2022 through FY 2030. Sales and Use 6/1/2019 N.A. -$10.4
Maryland Expanded the child and dependent care tax credit by increasing and indexing the incomes at which the credit phases out and making the credit refundable for certain taxpayers. Personal Income 7/1/2019 -$10.9 -$11.3
Maryland Required marketplace facilitators to collect and remit the sales and use tax due on retail sales on behalf of marketplace sellers. Sales and Use 10/1/2019 Potentially significant Potentially significant
Maryland Required short-term rental platforms to collect and remit the sales and use tax on specified short-term rental transactions. Sales and Use 6/1/2019 Potentially significant Potentially significant
Maryland Exempted cleaning services of commercial and industrial buildings owned by a common ownership community or a retirement community if used for specified purposes. Sales and Use 4/30/2019 Reduction is potentially significant Reduction is potentially significant
Maryland Extended the health insurance provider fee asssessment on specified entities through CY 2023. Fee 10/1/2019 $105.0 $140.2
Maryland Delayed until FY 2022 the exemption from the state's annual filing fee for corporations and business entities who participate in the Maryland Small Business Retirement Savings Program and Trust. No change in taxpayer liability. Fee 6/1/2019 N.A. $36.0
Maryland Increased the state 9-1-1 fee and applied the fee to each separate outbound call voice channel capacity, instead of each account. The rate is now $0.50 per outbound call voice channel capacity. Fee 7/1/2019 $53.8 $53.8
Maryland Extended the current fee assessed on oil transferred into the state until July 1, 2021. The current rate is $0.08 per barrel and will drop to $0.05 per barrel beginning July 1, 2021. Fee 7/1/2019 $2.2 $2.9
Massachusetts Required the collection and remittance of sales tax by remote marketplace facilitators to align collection policy with Wayfair decision. The threshold is set at $100,000 in sales. Sales and Use 7/1/2019 $41.7 N.A.
Massachusetts Enacted legislation late December 2018, that took effect July 1, 2019, that applies lodging tax to short-term rentals. The rate is 5.7 percent. Other 7/1/2019 $27.5 N.A.
Michigan Extended various fees' sunset dates. No change in taxpayer liability. Fee Various $27.8 N.A.
Minnesota Modified the net operating loss deduction. Corporate Income TY 2018 $49.5 $21.5
Minnesota Modified apportionment for mutual fund managers. Corporate Income TY 2018 $6.3 $9.0
Minnesota TCJA Conformity: Conformed to bonus depreciation, 80% addback with 5-year recovery. Estimated FY 2019 revenue impact is an increase of $300,000. Corporate Income TY 2018 $18.3 $22.6
Minnesota TCJA Conformity: Conformed to Section 179, 80% addback with 5-year recovery. Estimated FY 2019 revenue impact is an increase of $180,000. Corporate Income TY 2018 $1.0 $1.1
Minnesota TCJA Conformity: Conformed to the repeal rollover of publicly traded securities gain into specialized small business companies. The estimated FY 2019 impact is an increase of $50,000. Corporate Income TY 2018 $1.3 $0.6
Minnesota TCJA Conformity: Conformed to the limit on the net interest deduction to 30% of income. The estimated FY 2019 impact is an increase of $1.4 million. Corporate Income TY 2018 $31.3 $15.7
Minnesota TCJA Conformity: Conformed to the repeal of deferred gain on like-kind exchanges. The estimated FY 2019 impact is an increase of $200,000. Corporate Income TY 2018 $5.9 $4.2
Minnesota TCJA Conformity: Conformed to the reduced recovery period for real property. Corporate Income TY 2018 -$1.2 -$1.1
Minnesota TCJA Conformity: Conformed to the limitation on employer provided meals. The estimated FY 2019 impact is an increase of $800,000. Corporate Income TY 2018 $16.6 $7.3
Minnesota TCJA Conformity: Conformed to the limitation on employer provided transportation benefits. The estimated FY 2019 impact is an increase of $600,000. Corporate Income TY 2018 $12.5 $5.6
Minnesota TCJA Conformity: Conformed to the revised treatment of contributions to capital. The estimated FY 2019 impact is an increase of $90,000. Corporate Income TY 2018 $1.9 $2.0
Minnesota TCJA Conformity: Conformed to the modified historic rehabilitation credit. Corporate Income TY 2018 $39.9 $16.4
Minnesota TCJA Conformity: Conformed to the modified treatment of interest for producers of beer, wine and spirits. The estimated FY 2019 impact is a loss of $200,000. Corporate Income TY 2018-TY 2019 -$2.9 N.A.
Minnesota TCJA Conformity: Conformed to the modified limit on excessive compensation. The estimated FY 2019 impact is an increase of $300,000. Corporate Income TY 2018 $6.1 $3.6
Minnesota TCJA Conformity: Conformed to the repeal of exclusion of advanced refunding bonds. The estimated FY 2019 impact is an increase of $200,000. Corporate Income TY 2018 $3.8 $2.5
Minnesota Bipartisan Budget Act: Conformed to special expensing rules for certain films, TV and theatrical productions. Corporate Income TY 2017 -$1.0 $250.0
Minnesota Repealed the sunset date of the provider tax and reauthorized the tax at a reduced rate. The previous rate was 2% and now will be 1.8%. Health Care 1/1/2020 $213.0 $659.6
Minnesota Altered the statewide property tax. Reduced the levy on commerical industrial property and seasonal recreational residences. (The first year impact only represents a partial year impact.) Property Pay 2020/FY 2021 -$27.5 -$50.0
Minnesota Increased the school building bond agricultural property tax credit. It will increase from 40% to 50% in 2020, 55% in 2021, 60% in 2022 and to 70% in 2023. Property Pay 2020/FY 2021 N.A. -$9.8
Minnesota Reduced the 2nd tier tax rate from 7.05% to 6.8% and modified the starting point of the 4th income bracket tier. Personal Income TY 2019 -$216.8 -$144.0
Minnesota Increased the Working Family Credit and phased-out changes. Personal Income TY 2019 -$30.3 -$30.8
Minnesota Modified the Small Business Investment Tax Credit, also known as the angel tax credit. The sunset date was modified to conform to the allocation provided. Personal Income TY 2019 -$10.0 N.A.
Minnesota Increased the Social Security subtraction. Personal Income TY 2019 -$4.4 -$4.7
Minnesota TCJA Conformity: Switched the state's starting point from federal taxable income to federal adjusted gross income. Personal Income TY 2019 -$1.8 -$1.8
Minnesota TCJA Conformity: Conformed to the standard deduction, elimination of personal exemption, and other deduction changes. Personal Income TY 2019 -$164.9 -$81.9
Minnesota TCJA Conformity: Modified indexing/COLA, switched from CPI-U to C-CPI-U. Personal Income TY 2019 $12.7 $30.5
Minnesota TCJA Conformity: Conformed to the repeal of the deduction for alimony payments. Personal Income TY 2019 $1.6 $2.3
Minnesota TCJA Conformity: Conformed to the disallowance of charitable deductions for college athletic seating payments. Personal Income TY 2019 $1.9 $1.2
Minnesota TCJA Conformity: Conformed to the disallowance of the exclusion for qualified moving expense reimbursement. Personal Income TY 2019 $5.6 $3.9
Minnesota TCJA Conformity: Conformed to the adjusted gross income floor and allowed medical expense deduction in excess of 7.5%. Personal Income TY 2017 -$13.0 N.A.
Minnesota TCJA Conformity: Conformed to bonus depreciation, 80% addback with 5-year recovery retroactive to TY 2018. Estimated FY 2019 revenue impact is an increase of $400,000. Personal Income TY 2018 $8.7 $10.7
Minnesota TCJA Conformity: Conformed to Section 179, 80% addback with 5-year recovery retroactive to TY 2018. Estimated FY 2019 revenue impact is an increase of $560,000. Personal Income TY 2018 $2.6 $2.8
Minnesota TCJA Conformity: Conformed to the disallowance of certain active pass-through losses. The estimated FY 2019 impact is an increase of $4.4 million. Personal Income TY 2019 $47.8 $46.3
Minnesota TCJA Conformity: Conformed to the tax gain on sale of partnership on a look-through basis. The estimated FY 2019 impact is an increase of $200,000. Personal Income TY 2019 $1.6 $1.9
Minnesota TCJA Conformity: Conformed to charitable contributions and foreign taxes accounted for in determining the limit on partners share of loss. The estimated FY 2019 impact is an increase of $100,000. Personal Income TY 2018 $1.3 $0.8
Minnesota TCJA Conformity: Conformed to the limit on net interest deductions to 30% of income. The estimated FY 2019 impact is an increase of $8.1 million. Personal Income TY 2019 $89.6 $92.5
Minnesota TCJA Conformity: Conformed to net operating loss modifications. The estimated FY 2019 impact is an increase of $3.2 million. Personal Income TY 2019 $35.6 $43.3
Minnesota TCJA Conformity: Conformed to the repeal of deferred gain on like-kind exchanges. The estimated FY 2019 impact is an increase of $200,000. Personal Income TY 2018 $4.7 $3.3
Minnesota TCJA Conformity: Conformed to the repeal of deduction for employer provided meals. The estimated FY 2019 impact is an increase of $300,000. Personal Income TY 2019 $6.1 $2.7
Minnesota TCJA Conformity: Conformed to the limitation on employer provided transportation. The estimated FY 2019 impact is an increase of $200,000. Personal Income TY 2019 $2.7 $2.0
Minnesota TCJA Conformity: Conformed to the modified treatment of interest for producers of beer, wine and spirits. The estimated FY 2019 impact is a loss of $100,000. Personal Income TY 2018-TY2019 -$2.4 N.A.
Minnesota TCJA Conformity: Conformed to the repeal of exclusion of advanced refunding bonds. The estimated FY 2019 impact is an increase of $300,000. Personal Income TY 2019 $3.3 $4.8
Minnesota Bipartisan Budget Act: Conformed to the discharge of indebtedness on principal residence. Personal Income TY 2017 -$6.7 N.A.
Minnesota Bipartisan Budget Act: Conformed to the foreign income exclusion expansion to individuals supporting armed forces in combat zones. Personal Income TY 2017 -$1.0 -$0.4
Minnesota Bipartisan Budget Act: Conformed to special expensing rules for certain films, TV and theatrical productions. Personal Income TY 2017 -$1.2 $0.3
Minnesota Disaster Relief Act & Airports & Airways Extension Act: Conformed to temporary suspension of limits on charitable contributions. Personal Income TY 2017 -$1.3 $0.3
Minnesota Disaster Relief Act & Airports & Airways Extension Act: Conformed to modification and expansion of casualty loss deduction for damage in disaster areas. Personal Income TY 2017 -$1.4 N.A.
Minnesota Provided an upfront exemption for sales by county fair agricultural societies. Sales and Use 7/1/2019 -$1.2 -$1.5
Minnesota Changed the percent of the June sales tax liability paid on an accelerated basis from 81.4% to 87.5% for vendors with annual liabilities of more than $250,000 per year for the June 2020 and June 2021 liabilities. Non-Tax June 2020 $20.1 $0.7
Minnesota Changed the percent of the June sales tax liability paid on an accelerated basis from 81.4% to 87.5% for vendors with annual liabilities of more than $250,000 per year for the June 2020 and June 2021 liabilities. Non-Tax June 2020 $2.5 $0.0
Minnesota Enacted a new assisted living with dementia care license fee. The rate is $3,000 plus $100 per bed. This will result in an annual increase of $8.4 million, combined with the new general assisted living license fee, beginning in FY 2022. Fee 8/1/2021 N.A. N.A.
Minnesota Enacted a new assisted living license fee. The rate is $2,000 plus $75 per bed. This will result in an annual increase of $8.4 million, combined with the assisted living with dementia care license fee, beginning in FY 2022. Fee 8/1/2021 N.A. N.A.
Minnesota Modified fees for drug manufacturers, wholesalers and pharmacists. This estimate also includes the opiate product registration fee, which is $250,000, revenue. Fee 7/1/2019 $20.9 $20.9
Minnesota Extended the fertilizer inspection fee sunset date until June 30, 2025. No change in taxpayer liability. Fee 7/1/2020 N.A. $1.3
Minnesota Increased the vehicle license plate fee from $6 to $8. Fee 8/1/2019 $2.5 $2.7
Minnesota Increased the vehicle registration fee from $6 to $7. Fee 8/1/2019 $1.1 $1.2
Minnesota Increased the fee on driver's licenses from $17.25 to $21.25. Fee 8/1/2019 $3.9 N.A.
Minnesota Enacted a surcharge of $2.25 on vehicle and driver registration fees. Fee 8/1/2019 $16.5 $18.0
Mississippi Enacted the Children’s Promise Act that authorizes an income tax credit for business enterprises that donate cash to eligible organizations. Personal Income 1/1/2019 Unknown Unknown
Mississippi Provided an income tax apportionment formula for medical laboratory services. Personal Income 1/1/2019 Unknown Unknown
Mississippi Provided a sales tax exemption for the sale of certain school supplies; and, for purchases made by Junior League of Jackson, Mississippi's Toughest Kids Foundation, MS Gulf Coast Buddy Sports Inc., Biloxi Lions Inc., Lions Sight Foundation of Mississippi, and the Goldring/Woldenberg Institute of Southern Jewish Life.  Sales and Use 7/1/2019 Unknown Unknown
Missouri HB 126 increased the Pregnancy Resource Center tax credit from 50% of the amount contributed to 70%  for all tax years beginning January 1, 2021. It also removed the cap on the cumulative amount of tax credits claimed beginning FY 2021, and removes the sunset provision.  The prior cap was $3.5 million. Additionally, the statutory definition of "pregnancy resource center" was expanded to include facilities that offer services under the Alternatives to Abortion Program.  Personal Income 1/1/2021 N.A. -$1.4
Missouri SB 68 modified the Business Facility Tax Credit by amending the definition of New Business Facility Investment to remove the requirement that claimed investments relate to "real and depreciable tangible personal property" and adds that claims can be related to the purchase, lease, or license of software and hardware. Corporate Income 8/28/2019 -$12.0 -$21.6
Missouri The Missouri Works Program currently has a limit of $116 million on the amount of tax credits that may be issued during a fiscal year. For all fiscal years beginning on or after July 1, 2020, SB 68 reduced the limit to $106 million. SB 68 also allowed for an additional $10 million in tax credits for the completion of certain infrastructure projects directly connected with the creation or retention of jobs. This bill also reserved up to 21.5% of such limit for tax credits authorized under this act. For all fiscal years beginning on or after July 1, 2020, this bill established a limit of $75 million on the total amount of withholding taxes that may be authorized for retention by qualified companies with more than 50 employees. Withholding retention authorized for qualified companies with less than 50 employees are exempted from this limit. SB 68 also allowed tax credits to be awarded to a qualified manufacturing company that makes a manufacturing capital investment of at least $500 million within three years from the execution of the agreement. Such credits must be issued no earlier than Jan. 1, 2023, and may be issued each year for a period of five years. The maximum amount of credits that a qualified manufacturing company may receive must not exceed $5 million per calendar year. A qualified manufacturing company may qualify for an additional five-year period if the company makes an additional manufacturing capital investment of at least $250 million within five years. This change was part of a larger reform measure. Corporate Income 7/1/2020 -$22.8 -$32.8
Missouri Current law provides for a tax credit for banking institutions to compensate for franchise taxes paid by banking institutions. Because the corporate franchise tax was repealed on January 1, 2016, for all tax years beginning on or after January 1, 2020, SB 174 disallowed the tax credit designed to compensate for the franchise tax. This change is estimated to bring in between $2.7 million and $4.3 million in FY 2021. Corporate Income 1/1/2020 N.A. $3.5
Missouri SB 180 modified the Missouri Works program by creating an additional tax credit. This tax credit is for the expansion or improvement of a military base or installation that leads to an increase of 10 or more military/civilian support personnel with:
• An average wage of at least 90% of the county average wage
• Are offered health insurance benefits with an entity of the Department of Defense paying at least 50% of the premiums
• And investment in real or tangible personal property at a base or installation expressly for the purpose of serving a new or expanded military activity unit.
The new credit may be substituted for any other tax credit offered under the Missouri Works program. The estimated revenue impacts could exceed -$5,493,047 for FY 2020 and FY 2021.
Corporate Income 8/28/2019 -$5.5 -$5.5
Missouri HB 499 increased specified motor vehicle and trailer registration fees under Section 136.055, RSMo. This includes the following:
1) Licenses increase from $3.50 to $6 for annual and from $7 to $12 biennial.
2) Transfer of title increases from $2.50 to $6.
3) Instruction permits, nondriver's, chauffeur's, operator's and driver's licenses increase from $2.50 to $6 (three years or less) and from $5 to $12 (exceeds three years).
4) Notice of lien processing increases from $2.50 to $6.
5) Notary fee or electronic transmission per processing from $0 to $2. The revenue figures depend on whether fee increases on transactions at all fee offices statewide (176 contracted license offices) should be considered State Revenue Derived from Highway Users (SRHU) subject to the distribution requirements set out in Art. IV, Sec. 30(b)1, Mo. Const. The revenue figures only contain additional fee revenue for transactions at the Central Office and online. This figure could grow up to $22.5 million for FY 2020 and $27 million for FY 2021 for all transactions statewide.
Fee 8/28/2019 $2.3 $2.7
Missouri SB 133 increased the fees for several programs and licenses within the Department of Agriculture Plant Industries Division.  This act also requires the Department of Agriculture to convene a work group every five years to review all fees charged by the department and submit a report to the General Assembly on any recommended changes to the fees. This change is estimated to bring in between $1,650,701 to $1,842,389. Fee 8/28/2019 $1.7 $1.7
Montana Enacted a film tax credit program. (HB 293) Personal Income 7/1/2019 N.A. -$2.0
Montana Extended the termination date to Dec. 31, 2025 for the qualified endowment tax credit. No change in taxpayer liability. (SB111) Personal Income 1/1/2019 N.A. -$3.2
Montana Authorized sports wagering through the state lottery. (HB 725) Other 5/3/2019 $3.8 $4.3
Montana Modified certain licensing fees for investment-related advisors. (HB 694) Fee 5/8/2019 $7.8 $8.0
Nevada Permanently repealed the provisions, established in the 2015 Session, requiring the tax rates for the Modified Business Tax (MBT) to be prospectively reduced if the actual collections from the MBT, the Commerce Tax, and Branch Bank Excise Tax and applicable tax credits are more than 4% above the Economic Forum's May forecast in an even-numbered fiscal year. As a result of this action, MBT tax rate reductions scheduled to become effective beginning in FY 2020 and permanently going forward will not occur. No change in taxpayer liability. Other 7/1/2019 $48.2 $50.0
Nevada Permanently eliminated the 10% increase in the amount of tax credits authorized per fiscal year for Educational Choice Scholarship Tax Credit Program, established in the 2015 Legislative Session. This program allows taxpayers who make qualified donations to certain scholarship organization to receive a dollar-for-dollar tax credit against the taxpayer's liability for the Modified Business Tax. No change in taxpayer liability. Other 7/1/2019 $8.0 $9.5
Nevada Authorized an additional amount of tax credits for the Educational Choice Scholarship Tax Credit Program for FY 2020 and FY 2021 only.  Other 7/1/2019 -$4.8 -$4.8
Nevada Authorized $10 million per fiscal year for a total of $40 million in transferable tax credits that can be awarded to persons who develop affordable housing projects in Nevada over the four years of the pilot program, which can be used against the Modified Business Tax, Gaming Percentage Fee Tax, or the Insurance Premium Tax.  Program is effective beginning in FY 2020 but first tax credits estimated to be taken in FY 2021. Other 7/1/2019 N.A. -$10.0
Nevada Established a new provision that requires a marketplace facilitator, defined as a person who facilitates the sale of tangible personal property by a marketplace facilitator in or into the state of Nevada, to collect and remit sales and use taxes on certain sales facilitated on behalf of the marketplace seller. Sales and Use 10/1/2019 $16.5 $22.0
Nevada Established that vapor products, including e-cigarettes and their components, and alternative nicotine products are subject to the existing 30% wholesale excise tax on other tobacco products. Tobacco 1/1/2020 $3.7 $7.9
New Hampshire Phased-in Business Profits Tax Rate Decrease from 7.9% to 7.7% (HB 517, 2017 Session). Tax rate could change for taxable periods ending on or after December 31, 2021 if certain triggers are met as contained in Chapter 346, Laws of 2019. Corporate Income 1/1/2019 -$10.3 -$11.8
New Hampshire Phased-in Business Enterprise Tax Rate Decrease from 0.675% to 0.60% (HB 517, 2017 Session). Tax rate could change for taxable periods ending on or after December 31, 2021 if certain triggers are met as contained in Chapter 346, Laws of 2019. Corporate Income 1/1/2019 -$27.3 -$31.4
New Hampshire Enacted IRC conformity measures, including GILTI. Corporate Income 1/1/2020 $22.2 $31.3
New Hampshire Enacted market-based apportionment. Corporate Income 1/1/2021 N.A. $10.0
New Hampshire Expanded the Communications Service Tax base to include prepaid wireless and VoIP. Other 1/1/2020 $1.5 $2.5
New Hampshire Legalized sports betting. Other 7/12/2019 N.A. $10.0
New Hampshire Added e-cigarettes to definition of tobacco (closed cartidges or containers of liquid containing nicotine). Levied a $0.30 per milliliter tax on the volume of liquid. Also, levied a 8% tax of the wholesale price open containers of liquid or other substances containing nicotine. This is a combined estimate. Tobacco 1/1/2020 N.A. $5.7
New Hampshire Water Resources funds (combines a number of environmental water fees into a single fund, increasing many of the fees) Fee 7/1/2019 $2.3 $2.3
New Jersey Increased the HMO assessment by 1%. Health Care 7/1/2020 N.A. $66.0
New Jersey Lowered the sales tax rate on medical cannabis from 6.625% to 4%. This change was part of a larger reform measure. Sales and Use 7/1/2020 N.A. -$1.0
New Jersey Changed the tax structure on container e-liquid. Previously, it was taxed at $0.10 per mL and now container e-liquid is taxed at 10%. Tobacco 11/1/2019 Indeterminate Indeterminate
New Jersey Voters approved a constitutional amendment in the 2019 election extending the eligibility for veterans' property tax deductions to continuing care retirement communities. This will result in a minimal increase in state expenditures from the Property Tax Relief Fund, annually ranging from $350,000 to $550,000. For further detail, please see SB 1331's fiscal note. Property 11/1/2019 N.A. N.A.
New Jersey Increased foreclosure mediation program fees from $50 to $155. Fee 11/1/2019 $3.1 $3.1
New Jersey Modified commercial recording fees. Fee 6/30/2019 $25.0 N.A.
New Mexico Enacted a requirement for combined reporting of corporate income. This change was part of a larger reform measure. Corporate Income 1/1/2020 N.A. N.A.
New Mexico Switched to market-based sourcing. This change was part of a larger reform measure. Corporate Income 1/1/2020 N.A. N.A.
New Mexico Increased the cap on annual payouts for the film tax credit program and provided an additional 5% credit for productions in rural areas. Corporate Income 7/1/2019 -$60.0 -$60.0
New Mexico Increased the cap on annual payouts for the film tax credit program and provided an additional 5% credit for productions in rural areas. Personal Income 7/1/2019 -$60.0 -$60.0
New Mexico Imposed a daily surcharge on certain types of health care facilities. This tax will sunset January 1, 2023. Health Care 7/1/2019 $39.0 $53.0
New Mexico Increased the state's Working Families Tax Credit. It previously was 10% of the EITC and is now 17% of the EITC. This change was part of a larger reform measure. Personal Income 1/1/2019 -$37.0 -$39.0
New Mexico Created a new dependent deduction of $4,000 for every dependent beyond the first. This change was part of a larger reform measure. Personal Income 1/1/2019 -$26.0 -$27.0
New Mexico Added a new top tax rate and bracket. Single filers earning over $210,000, married filers filing joint/heads of households earning over $310,000, and married filers filing single returns earning over $157,500 will now be taxed at a rate of 5.9% rather than 4.9%. This change was part of a larger reform measure. Personal Income 1/1/2021 N.A. $20.0
New Mexico Increased the motor vehicle excise tax rate from 3% to 4%. This change was part of a larger reform measure. Other 7/1/2019 $52.0 $53.0
New Mexico Applied state sales tax (e.g., New Mexico's gross receipts tax) to internet sales. Included marketplace collection requirements in this change. This change was part of a larger reform measure. Sales and Use 7/1/2019 $43.0 $44.0
New Mexico Moved to destination sourcing of tangibles, and applied local sales tax (e.g., local gross receipts tax) to internet sales. Included marketplace collection requirements in this change. This change was part of a larger reform measure. Sales and Use 7/1/2021 N.A. N.A.
New Mexico Applied state sales tax (e.g., New Mexico's gross receipts tax) and the governmental gross receipts tax (GGRT) to nonprofit and government hospitals. The GRT rate is 5.125% for nonprofit hospitals, and GGRT rate is 5% for government hospitals. These entities were previously exempt. This change was part of a larger reform measure. Sales and Use 7/1/2019 $93.0 $96.0
New Mexico Expanded the eligibility for the high-wage jobs tax credit against the state's sales tax and extended the sunset date to July 1, 2029. This is expected to bring in an additional $3 million to $10 million in FY 2021. Sales and Use 7/1/2020 N.A. $6.5
New Mexico Extended the deduction for certain directed energy and satellite receipts through January 1, 2031. No change in taxpayer liability. Sales and Use 7/1/2020 N.A. $1.0
New Mexico Increased the tax rate on cigarettes from $1.66/pack to $2.00/pack. This change was part of a larger reform measure. Tobacco 7/1/2019 $13.0 $12.0
New Mexico Modified the tax on cigars. Previously, cigars were taxed at 25% of the wholesale price. Cigars will now be taxed at $0.50 per cigar. This change was part of a larger reform measure. Tobacco 7/1/2019 -$3.0 -$3.0
New Mexico Applied the tobacco products tax to e-liquids and e-cigarette cartridges. There will now be a 12.5% tax on the wholesale price of e-liquids and a tax of $0.50 per closed system cartidge. This change was part of a larger reform measure. Tobacco 7/1/2019 $6.0 $7.0
New Mexico Imposed a fee on applications for drilling permits, well-injection permits, hearings, and certain administrative approvals. The fees range from $150 to $10,000, depending on the type of application. Fee 7/1/2019 $1.9 $1.9
New York Enacted a new tax on opioids. $0.0025 - $0.015 per morphine milligram equivalent. Health Care 7/1/2019 $66.0 $100.0
New York Increased the real estate transfer tax within New York City only. The increase ranges from 0.25% to 2.9%. Other 7/1/2019 $243.0 $378.0
New York Enacted a new supplemental auto rental tax. This will increase the rate from 6% to 12%. Other 6/1/2019 $27.0 $36.0
New York Extended the surcharge on higher incomes. This will result in an increase of $5.4 billion once it is fully effective. This change will sunset Dec. 31, 2024. No change in taxpayer liability. Personal Income 1/1/2020 $771.0 $3,560.0
New York Enacted a limit on charitable deductions for high incomes. Personal Income 1/1/2020 N.A. $86.0
New York Created a tax credit for employer's that provide child care. It is estimated to result a in a loss of $1 million once it is fully effective. Personal Income 1/1/2020 N.A. N.A.
New York Required non-resident gambling winnings to be included in New York state income. Personal Income 1/1/2020 N.A. $1.0
New York Created a tax credit for hiring an employee in recovery from drug addiction. It is estimated to result a in a loss of $2 million once it is fully effective. Personal Income 1/1/2020 N.A. N.A.
New York Extended the tax credit for hiring workers with disabilities until Dec. 31, 2022. No change in taxpayer liability Personal Income 1/1/2020 N.A. -$4.0
  Extended the tax credit for hiring workers with disabilities until Dec. 31, 2022. No change in taxpayer liability Corporate Income 1/1/2020 N.A. -$4.0
New York Extended the clean heating fuel tax credit until Dec. 31, 2022. This will result in a loss of $6 million fully effective. No change in taxpayer liability. Personal Income 1/1/2020 N.A. N.A.
  Extended the clean heating fuel tax credit until Dec. 31, 2022. This will result in a loss of $6 million fully effective. No change in taxpayer liability. Corporate Income 1/1/2020 N.A. N.A.
New York Capped the growth in STAR exemption benefits. Property 4/1/2019 $60.0 $119.0
New York Required marketplace platforms to collect tax on behalf of businesses using the marketplace platform. Third-party sellers do not have to have nexus within the state, as long as the marketplace platform has nexus, they will be required to collect taxes on all transactions. Sales and Use 6/1/2019 $170.0 $250.0
New York Eliminated the ESCO (energy service company) tax exemption. Sales and Use 6/1/2019 $90.0 $120.0
New York Enacted a retail tax of 20% on vapor products. Tobacco 12/1/2019 $2.0 $19.0
New York Increased the criminal history search fee from $65 to $95. Fee 4/12/2019 $66.0 $66.0
New York Extended the waste tire fee for three years. No change in taxpayer liability. Fee 1/1/2020 $18.0 $24.0
New York Authorized the Department of Transportation to impose fiber optic right-of-way fees. Fee 4/12/2019 $15.0 $30.0
New York Increased the bus and limo inspection fee from $20 to $85. Fee 10/1/2019 $1.0 $2.0
North Carolina Extended the historic rehabilitation credit, resulting in no change in taxpayer liability. Also reinstated the mill rehabiliation credit for projects meeting certain requirements, which is not estimated to have a fiscal impact until FY 2022. Corporate Income 1/1/2020 N.A. -$4.5
North Carolina Enacted market-based sourcing. Corporate Income 1/1/2020 $3.0 $7.5
North Carolina Increased the state's standard deduction. Personal Income 1/1/2020 -$79.3 -$176.9
North Carolina Authorized taxpayers ages 70.5+ to allow rollover distributions to nonprofits tax-free. Personal Income 1/1/2020 -$1.0 -$1.0
North Carolina Enacted marketplace facilitator collection legislation. Sales and Use 2/1/2020 $65.0 $135.2
North Carolina Extended motorsports exemptions until Jan. 1, 2024. No change in taxpayer liability. Sales and Use 1/1/2020 -$2.9 -$3.0
North Carolina Extended qualifying airlines exemption until Jan. 1, 2024. No change in taxpayer liability. Sales and Use 1/1/2020 N.A. -$5.4
North Dakota Legislation enacted by the 2015 Legislative Assembly allows taxpayers to elect an alternate income tax apportionment method. The legislation allows a double weighted sales factor apportionment election for tax year 2016 and 2017, a 75 percent weighted sales factor apportionment election for tax year 2018, and a single sales factor apportionment election for tax years 2019 and forward. Corporate Income TY 2019 -$44.3 -$44.3
North Dakota Provided a cumulative amount of $1 million in credits per year to individual and corporate income taxpayers that purchase manufacturing machinery and equipment for purposes of automating a manufacturing process to improve job quality or increase productivity. The credit is equal to 20 percent of the amount expended on manufacturing machinery and equipment in the taxable year. This tax change will sunset Dec. 31, 2022. This is a combined estimate. Corporate Income 1/1/2019 -$1.0 -$1.0
North Dakota Provided a cumulative amount of $1 million in credits per year to individual and corporate income taxpayers that purchase manufacturing machinery and equipment for purposes of automating a manufacturing process to improve job quality or increase productivity. The credit is equal to 20 percent of the amount expended on manufacturing machinery and equipment in the taxable year. This tax change will sunset Dec. 31, 2022. This is a combined estimate.  Personal Income 1/1/2019 -$1.0 -$1.0
North Dakota Created the Reinsurance Association of North Dakota, sets up an invisible reinsurance pool for the state's individual health insurance market, and allows companies to take the assessment created by the bill as a premium tax credit. This is a temporary tax change and will sunset Dec. 31, 2021. Other 4/19/2019 -$15.9 -$15.9
North Dakota Provided an income tax deduction for individuals, including their survivors, who receive military retirement benefits for service in the armed forces of the United States, a reserve component of the armed forces, or the National Guard. Personal Income 1/1/2019 -$1.5 -$1.5
North Dakota Provided an income tax deduction for the amount of social security benefits subject to federal income tax for single individuals with federal adjusted gross income of $50,000 or less and married couples filing jointly with federal adjusted gross income of $100,000 or less. Personal Income 1/1/2019 -$3.7 -$3.7
North Dakota Expanded the income tax credit for contributions to nonprofit private institutions of primary, secondary, or higher education to allow contributions provided by an individual directly to a nonprofit private educational institution to qualify for the credit. Previously, individuals only could receive a credit claimed at the passthrough entity level and passed through to the individual in proportion to the individual's interest in the passthrough entity. The bill also increased one of the three limiting factors on the amount of the credit that may be claimed from an amount not to exceed 20 percent of a taxpayer's income to an amount not to exceed 25 percent of a taxpayer's income. The fiscal impact cannot be determined but some estimates indicate the potential for a substantial impact. This tax change will sunset Dec. 31, 2020. Personal Income 1/1/2019 Unknown Unknown
North Dakota Provided a sales and use tax exemption for materials used to construct a qualified straddle plant, a qualified fractionator, or qualified associated infrastructure. The bill also extends from June 30, 2019, to June 30, 2023, the deadline by which the owner of a fertilizer or chemical processing plant must receive an air quality permit, or notice that the air quality permit application is complete, from the Department of Environmental Quality to qualify for a sales and use tax exemption on materials used to construct the fertilizer or chemical processing facility. The fiscal impact for both exemptions cannot be determined but some estimates indicate the potential for a substantial impact. Sales and Use 7/1/2019 Unknown Unknown
Ohio Increased the motor fuel and diesel tax rates. The motor fuel tax rate increased from $0.28 per gallon to $0.385 per gallon. The diesel tax rate increased from $0.28 per gallon to $0.47 per gallon. Motor Fuel 7/1/2019 $865.0 $865.0
Ohio Limited the financial institutions tax base. Equity capital in excess of 14% of total assets is now excluded from the base. Other 1/1/2020 -$10.0 -$10.0
Ohio Made changes to the job retention tax credit. Other 10/17/2019 -$1.5 -$5.8
Ohio Modified personal income tax brackets and lowered the top bracket from 4.997% to 4.797%. (HB 166) This tax change was part of a larger reform measure. Personal Income 1/1/2019 -$518.0 -$350.0
Ohio Enhanced the state's earned income tax credit. This tax change was part of a larger reform measure. Personal Income 1/1/2019 -$38.0 -$38.0
Ohio Enacted a tax credit for investments in Opportunity Zones. Personal Income 1/1/2019 N.A. -$31.0
Ohio Enacted a tax credit for lead abatement. Personal Income 1/1/2019 N.A. -$5.0
Ohio Repealed two personal income tax credits. This tax change was part of a larger reform measure. Personal Income 1/1/2019 $8.3 $8.6
Ohio Modified use tax nexus. Sales and Use 7/18/2019 $121.0 $210.0
Ohio Repealed two sales and use tax exemptions. Sales and Use 10/1/2019 $4.2 $6.3
Ohio Expanded the manufacturers exemption. Sales and Use 10/1/2019 -$1.4 -$2.2
Ohio Enacted a $0.10/mL tax on vapor products. Tobacco 10/1/2019 $4.3 $6.5
Ohio Increased the purchase age for cigarettes to 21 years old. This results in a tax base reduction. Tobacco 10/17/2019 -$18.1 -$24.3
Ohio Increased hunting and fishing license fees. Fee Various $4.0 $4.0
Oklahoma Authorized certain refundable tax credits to be carried forward. Personal Income 7/1/2019 $4.1 $0.0
Oklahoma Enacted an income tax credit for qualified software or cybersecurity employees. This credit will sunset Dec. 31, 2029. Personal Income 11/1/2019 N.A. -$2.6
Oklahoma Expanded the credit for qualified employers and engineers in the vehicle manufacturing industry. Personal Income 11/1/2019 Unknown Negative Unknown Negative
Oklahoma Enacted legislation providing "cleanup" language to further implement the Wayfair decision. Sales and Use 11/1/2019 Unknown Positive Unknown Positive
Oklahoma Expanded the exemption for durable medical and mobility equipment. Sales and Use 7/1/2019 -$1.3 -$1.8
Oklahoma Increased used tire recycling fees. Fee 7/1/2019 $3.4 N.A.
Oregon Extended existing taxes. No change in taxpayer liability. Health Care 1/1/2020 N.A. $334.5
Oregon Enacted a Corporate Activity Tax of 0.57%. Other 1/1/2020 $290.0 $1,306.0
Oregon Enacted a payroll tax to fund paid family medical leave. This will take effect 1/1/2022. Other 1/1/2022 N.A. N.A.
Oregon Increased the 9-1-1 tax. Other 1/1/2020 $4.0 $10.6
Oregon Modified the weight-mile tax. Other 10/1/2019 -$3.5 -$3.8
Oregon Extended the forest products harvest tax. No change in taxpayer liability. Other 1/1/2020 $2.0 $8.7
Oregon Enacted personal income tax rate reductions across several brackets. Personal Income 1/1/2020 -$96.0 -$327.0
Oregon Extended sunset date of tax credits. No change in taxpayer liability. Personal Income 1/1/2020 N.A. -$70.5
Oregon Repealed a property tax exemption. Property 7/1/2019 $2.2 $2.5
Oregon Modified court fees. Fee 10/1/2019 $1.3 $1.8
Oregon Modified boat registration fees. Fee 1/1/2020 $1.3 $2.6
Pennsylvania Expanded the manufacturing innovation and reinvestment deduction. Corporate Income 1/1/2020 -$1.0 -$4.2
Pennsylvania Extended the sunset date for a 2% assessment on table games revenue. The assessment will now sunset on Aug. 1, 2021. No change in taxpayer liability. Other 7/1/2019 $17.9 $19.6
Pennsylvania Expanded the Keystone Opportunity Zones by adding additional zones, which allows for the 10-year abatement. Other 7/1/2020 N.A. -$7.0
Pennsylvania Modified the inheritance tax. Eliminated the tax on transfers from a parent to their child, age 21 or younger. Other 1/1/2020 -$3.0 -$12.5
Pennsylvania Enacted an exemption for the sales of food and beverages sold by volunteer fire organizations and nonprofit organizations exclusively supporting youth development centers. Sales and Use 1/1/2020 -$0.9 -$2.2
Pennsylvania Enacted an exemption on sales of animal housing facilities for poultry and livestock. Sales and Use 1/1/2020 -$1.7 -$4.0
Pennsylvania Expanded the exemption for purchases in Strategic Development Areas to include items such as laptop computers, cell phones and media storage. Sales and Use 1/1/2020 -$2.8 -$2.8
Pennsylvania Enacted increases to various tax credits, totalling to $66 million. One tax credit program was eliminated, which had a cap of $10.1 million. N.A. Various N.A. N.A.
Rhode Island Authorized online sports betting. Other 9/15/2019 $17.2 N.A.
Rhode Island Increased the beverage container tax by 4 cents per case. Other 7/1/2019 $3.1 N.A.
Rhode Island Included digital downloads in the sales and use tax base. Sales and Use 10/1/2019 $2.6 N.A.
Rhode Island Required remote sellers to collect sales and use tax. Sales and Use 7/1/2019 $11.5 N.A.
Rhode Island Modified and increased the mortgage and debt collector license fees. Fee 7/1/2019 $1.8 N.A.
South Carolina Increased motor fuel tax rates by two cents for FY 2020 and FY 2021. The rate will increase to $0.22/gallon July 1, 2019 and to $0.24 July 1, 2020. This change was part of a larger reform measure. Motor Fuel 7/1/2019; 7/1/2020 $80.3 $82.6
South Carolina Extended the sunset date for the tax credit for purchases of geothermal machinery and equipment. No change in taxpayer liability. Personal Income 5/16/2019 -$2.0 -$2.0
South Carolina Enacted a nonrefundable port transportation credit. Personal Income 5/13/2019 -$1.0 -$2.0
South Carolina Raised the maximum aggregate tax credit limit from $6 million to $9 million for contributions to the Industry Partnership Fund. Personal Income 3/28/2019 -$1.0 -$1.0
South Carolina Enacted a tax credit of 50% of cash donation to a community development corporation of a CDFI. Personal Income 5/16/2019 -$1.5 -$1.5
South Carolina Enacted a tax credit of 25% of the cost of constructing, purchasing or leasing solar energy property. Personal Income 5/16/2019 -$2.5 -$2.5
Tennessee Authorized consumption of alcoholic beverages in a sports authority facility located on the campus of a public institution of higher education. This resulted in a tax base expansion. Alcohol 4/8/2019 $1.0 $1.0
Tennessee Enacted sports betting through the Tennessee Sports Gaming Act. The tax rate will be 20%. Other 7/1/2019 $20.0 $40.0
Tennessee Removed amusement tax on dues, fees or other charges paid to any person principally engaged in offering services or facilities for the development or preservation of physical fitness through exercise or other conditioning. Other 7/1/2019 -$6.4 -$6.4
Tennessee Removed the $180 expunction fee on certain criminal offenses. Fee 1/1/2019 -$1.0 -$1.0
Texas Enacted a franchise tax exemption for the costs of aerospace goods and services sold to the federal government. (HB 1607) Other 1/1/2020 -$4.2 -$8.5
Texas Enacted a compression on school district property tax rates. The compression rates vary between school districts from $0.07 to $0.10 per $100 of property value. This change was part of a larger reform measure. (HB 1, HB 3) Property 9/1/2019 -$2,340.0 -$2,640.0
Texas Enacted a 3.5% limit on growth of non-school district local property tax collections without voter approval. This change was part of a larger reform measure. (SB 2) Property 9/1/2019 Amount of reduction is dependent on local actions. Amount of reduction is dependent on local actions.
Texas Voters approved a constitutional amendment exempting precious metals from property taxation if they are held in a precious metal depository in the state. According to HB 2859's latest fiscal note, a business could hold part of its preciuos metal inventory in a commercial depository and not be taxed on that inventory, creating a cost to local taxing units and the state through school funding formulas. However, the precious metal that will be exempt is unknown so the exact fiscal impact could not be estimated. Property 1/1/2020 N.A. N.A.
Texas Voters approved a constitutional amendment that would require temporary property tax exemptions in disaster areas. This will result in a cost to local taxing units and to the state through its school funding formula depending on the incidence and severity of future disasters. According to HB 492's latest fiscal note, the bill would create a cost to local taxing units and to the state through the school funding formula depending on the incidence and severity of future disasters. However, the frequency, timing and severity of disasters cannot be predicted, so an exact fiscal impact cannot be estimated. Property 1/1/2020 N.A. N.A.
Texas Expanded the sales tax base to require marketplace providers to collect and remit taxes for third-party sellers. (HB 1525) Sales and Use 10/1/2019 $242.5 $307.5
Texas Increased the legal age to purchase tobacco from 18 to 21. This resulted in a tobacco tax base reduction. (SB 21) Tobacco 9/1/2019 -$3.3 -$5.5
Texas Expanded enforcement efforts to collect sales taxes on certain vehicles purchased outside the state by Texas residents. (HB 1543) Non-Tax 9/1/2019 $1.9 $4.7
Texas Increased the maximum civil penalty for violation of laws protecting drinking water and public water supplies. The penalty increased from $1,000 to $5,000 per violation. (SB 530) Fee 9/1/2019 $1.3 $1.6
Texas Eliminated surcharges assessed on drivers convicted of certain driving offenses. Also, increased other driving-related fees and fines. (HB 2048) Fee 9/1/2019 -$6.1 -$6.1
Utah Enacted a radioactive waste tax on certain waste. Corporate Income 7/1/2019 $2.6 $2.6
Utah Eliminated the royalty deduction for certain captive insurance companies. Corporate Income 1/1/2019 $1.0 $1.0
Utah Authorized FDIC premium deductions. Corporate Income 1/1/2019 $2.0 $2.0
Utah Enacted legislation for when a marketplace facilitator or seller is required to collect sales tax. Sales and Use 7/1/2019 N.A. $6.5
Vermont Altered the liquor tax by changing it from a graduated rate to a flat 5% tax. Revenues are expected to be made up through the markup on Liquor Control. Alcohol 7/1/2019 N.A. N.A.
Vermont Enacted an increase to the estate tax exemption over the course of two years. The current exemption is $2.75 million and will rise to $4.25 million on Jan. 1, 2020 and again to $5 million in 2021. Other 1/1/2020 $0.0 -$4.5
Vermont Expanded the property transfer tax base. The state's property transfer tax will now apply to changes in controlling interest, not only to a change in deed. Other 7/1/2019 $1.7 $2.6
Vermont Expanded the rooms tax base to include online travel agents. Online travel agents will be required to include booking fees in the rooms tax calculation. This change also included short-term rentals in the base expansion. Other 7/1/2019 $3.7 $4.2
Vermont Modified the lands gain tax. Significantly reduced the number of sales that would be subject to tax by limiting the base to only subdivided land parcels bought and sold within 6 years. Other 1/1/2020 -$0.8 -$1.6
Vermont Modified the existing capital gains exclusion by including a limit of up to $875,000 in capital gains. Now, a 40% exclusion on capital gains from sales of farms, businesses or investment properties is allowed on up to $875,000 in capital gains. Personal Income 7/1/2019 $2.2 $4.4
Vermont Enacted a new medical expense deduction. Medical expenses that are in excess of the state's standard deduction and personal exemption are allowed. The deduction is limited for continuing care retirement communities. Personal Income 7/1/2019 -$2.1 -$2.1
Vermont Required marketplace facilitators to collect and remit tax on behalf of third-party sellers. Sales and Use 6/1/2019 $13.4 $13.9
Vermont Raised the purchasing age for tobacco products to 21. This results in a tax base reduction. Tobacco 7/1/2019 -$0.5 -$0.5
Vermont Enacted a tax on e-cigarettes and paraphernalia at a rate of 92% of the wholesale price. Tobacco 7/1/2019 $0.9 $1.0
Vermont Increased the insurance producer apportionment fee and switched it from a biennial fee schedule to an annual scheduling beginning FY 2022. The fee will also drop to $60 annually beginning in FY 2022. Fee 7/1/2019 $3.0 $28.2
Vermont Increased the license fees for adjusters and appraisers. Fee 7/1/2019 $2.0 $2.0
Vermont Increased the broker dealer agent fee. Fee 7/1/2019 $3.3 $3.3
Virginia Expanded the corporate income tax subtraction for subpart F income so that is also applies to global intangible low-taxed income (GILTI). This change was part of a larger reform measure. Corporate Income TY 2018 -$5.4 -$5.5
Virginia Authorized an individual and corporate income tax deduction for 20 percent of the amount of business interested that is disallowed as a deduction for federal income tax purposes. This change is part of a larger reform measure. Corporate Income TY 2019 -$18.0 -$18.7
Virginia Authorized an individual and corporate income tax deduction for 20 percent of the amount of business interested that is disallowed as a deduction for federal income tax purposes. This change is part of a larger reform measure.  Personal Income TY 2019 -$18.0 -$18.7
Virginia Enacted a deduction for real and personal property taxes imposed by Virginia or any other taxing jurisdiction not otherwise deducted solely on account of the $10,000 annual limitation imposed on the federal deduction for state and local taxes paid (SALT). This change was part of a larger reform measure. Personal Income TY 2019 -$55.6 -$41.7
Virginia Increased the standard deduction from $3,000 to $4,500 for individuals and from $6,000 to $9,000 for married/joint returns. This change was part of a larger reform measure and will sunset for TY 2026. Personal Income TY 2019 -$359.7 -$235.7
Virginia Decoupled from the Tax Cuts and Jobs Act's suspension of the Pease limitation. This change was part of a larger reform measure. Personal Income TY 2019 $107.5 $73.3
Virginia Enacted legislation conforming to provisions in the Tax Cuts and Jobs Act. This change was part of a larger reform measure. Personal Income TY 2018 $611.1 $653.7
Virginia Enacted a one-time refund up to $110 (single) / $220 (joint) based on 2018 returns filed by July 1, 2019. The refund is to be paid in October 2019. This change is temporary and was part of a larger reform measure. Personal Income October 2019 -$419.4 N.A.
Virginia Required marketplace facilitators and out-of-state dealers to register for the collection of the Retail Sales and Use Tax if annual sales to Virginia customers made or facilitated by them exceed either $100,000 in gross revenue or 200 transactions. In combination with local revenue, this change is expected to bring in $155 million in FY 2020 and $175 million in FY 2021. Sales and Use 7/1/2019 $82.5 $93.1
Virginia Modified the categories of products that are subject to a reduced Retail Sales and Use Tax rate to include "essential personal hygiene products," in addition to "food purchased for human consumption." They will now be taxed at a rate of 2.5%. In combination with local revenue, this change is expected to result in a decrease of $1.9 million in FY 2020 and a decrease of $4.6 million in FY 2021. Sales and Use 1/1/2020 -$1.2 -$2.9
Virginia Increased the threshold for remittance of June accelerated sales tax from $4 to $10 million in annual taxable sales in June 2020. Non-Tax 6/1/2020 -$27.2 $0.0
Washington Modified the real estate excise tax rate and made it a graduated rate. Other 1/1/2020 $70.3 $173.2
Washington Modified qualifications for those eligible to receive the international investment management services business and occupation preferential tax rate. Other 7/1/2019 $26.8 $30.7
Washington Imposed an additional 1.2% business and occupation tax on specified financial institutions. Other 1/1/2020 $36.6 $96.6
Washington Increased preferential B&O tax rate for certain travel agents and tour operators. Other 7/1/2019 $2.2 $2.4
Washington Established an administrative penalty equal to $100 per megawatt-hour of electric generation, multiplied by certain source-specific multipliers, for noncompliance with the coal phase-out and GHG neutral standards; extending the expiration date for a sales and use tax exemption for certain alternative energy machinery and equipment from January 1, 2020, to January 1, 2030; reinstating an expired sales and use tax exemption for solar energy systems smaller than 500 kilowatts AC in size. This was part of a larger reform measure. Other 5/7/2019 -$4.8 -$6.0
Washington Provided B&O tax exemption to county public hospital operated by state agency. Other 7/1/2019 -$6.8 -$7.7
Washington Established the Workforce Education Investment Account and establishes a business and occupation tax surcharge on service and other activities from a select set of businesses to fund the account. Other 7/28/2018 $113.1 $266.9
Washington Modified the Hazardous Substance Tax (HST) by changing the tax rate of 0.7 percent on the wholesale value applied to most petroleum products to a rate of $1.09 per barrel.  Other 7/1/2019 $129.3 $168.0
Washington Modified the qualifying income thresholds for the property tax exemption and deferral programs for low-income senior citizens, individuals with disabilities, and veterans beginning with taxes levied for collection in 2020. The disability rating qualification for the disabled veterans property tax exemption program is adjusted from 100 percent to 80 percent. Property 7/28/2019 -$6.9 -$13.3
Washington Reauthorized and expanded the sales and use tax exemption for the purchase of standard financial information by qualifying investment management companies and their affiliates. Sales and Use 7/28/2019 $0.9 $1.0
Washington Changed nonresident sales tax exemption to remittance. Sales and Use 7/1/2019 $25.4 $28.4
Washington Modified the nexus threshold for marketplace facilitators and remote sellers to align state law with Wayfair decision.  The option for marketplace facilitators and remote sellers to comply with notice and reporting requirements and not collect tax is eliminated.  The import tax exemption is limited to only import sales involving a parent company and a wholly-owned subsidiary and the wholesale sale of unroasted coffee beans. Certain provisions under the Streamlined Sales and Use Tax Agreement are clarified and the related local jurisdiction mitigation payments are repealed.  Sales and Use 3/14/2019 $41.6 $74.2
Washington Prohibited sale of cigarettes, tobacco products and vapor products to persons under 21 years. This results in a tax base reduction. Tobacco 1/1/2020 -$2.7 -$6.1
Washington Established a wholesale tax on vapor products by taxing accessible containers of liquid solution that are larger than five milliliters at 9 cents per milliliter of solution and all other vapor products at a rate of 27 cents per milliliter of solution. Tobacco 1/1/2020 $6.4 $12.5
West Virginia Enacted a temporary, additional tax of 0.13% on acute care hospitals. This tax is set to expire June 30, 2021. Health Care 7/1/2019 $4.9 $5.4
West Virginia Eliminated severance taxes on limestone and sandstone. Other 7/1/2019 -$1.1 -$1.2
West Virginia Reduced the severance tax on steam coal sold directly to electric power generators. The rate will be reduced over a three year period. Other 7/1/2019 -$20.6 -$40.2
West Virginia Enacted a business and occupation tax exemption for certain merchant power plants. Other 7/1/2019 -$6.0 -$14.0
West Virginia Exempted a portion of Social Security benefits for certain taxpayers. The amount of Social Security benefits taxed will be reduced by 25% beginning Jan. 1, 2020, by 50% beginning Jan. 1, 2021, and completely beginnning Jan. 1, 2022. Personal Income 7/1/2020 N.A. -$2.0
West Virginia Enacted a marketplace facilitator sales tax collection requirement. Sales and Use 7/1/2019 $6.3 $6.5
Wisconsin Modified the state apportionment formula for income derived from a broadcasters' gross receipts. Corporate Income TY 2019 -$13.0 -$13.0
Wisconsin Reduced the marginal tax rate that applies to taxable income that falls within the second income tax bracket. The rate went from 5.84% to 5.21%. (For 2019, $15,680 to $31,360 for joint filers.) This change was part of a larger reform measure. Personal Income TY 2019 -$168.9 -$152.6
Wisconsin Require the marginal tax rate for the lowest income tax bracket (for tax year 2019, taxable income of less than $15,680 for married joint filers) and for the second income tax bracket be reduced proportionally by the additional sales tax collections received from certain out-of-state retailers (retailers that must collect sales tax following Wayfair) and from marketplace providers (see below). The first rate reduction applies to tax year 2019, and the second rate reduction applies to tax year 2020 and annually therafter. The tax rates are estimated to be 3.89% and 5.08% in TY 2019, respectively, and 3.79% and 4.96% in TY 2020 and thereafter, respectively. This change was part of a larger reform measure. Personal Income TY 2019, TY 2020 -$60.0 -$119.3
Wisconsin Interaction effects of law changes regarding taxable income, tax rates, and tax credits between provisions of the biennial budget bill and the tax rate reductions described above. This change was part of a larger reform measure. Personal Income TY 2019 $2.0 $4.0
Wisconsin Following the U.S. Supreme Court decision in Wayfair v. South Dakota, extended nexus to certain remote sellers that were not required to collect and remit the tax prior to the decision. This change was part of a larger reform measure. Sales and Use 10/1/2018 $60.0 $60.0
Wisconsin Created provisions that require marketplace providers to collect and remit state sales or use tax on sales facilitated by the marketplace provider on behalf of the marketplace seller. This change was part of a larger reform measure. Sales and Use 1/1/2020 $33.5 $67.1
Wisconsin Provided a one-time reduction for persons subject to sales tax audits equal to 10% of the additional sales tax due for each year of the audit period if the person subject to audit has less than $5 million in gross sales for each year of the audit period. Sales and Use 1/1/2019 -$1.2 -$1.6
Wisconsin Repealed sales tax on internet access, as required under federal law. Sales and Use 7/1/2020 N.A. -$166.0
Wisconsin Enacted an excise tax on vapor products on the volume of the liquid or other substance-based on the volume as listed by the manufacturer. The rate is $0.05 per millileter. Tobacco 10/1/2019 $2.3 $3.2
Wisconsin Increased auto registration fees from $75 to $85. Fee 10/1/2019 $28.0 $37.3
Wisconsin Increased registration fees for light trucks/vehicles not exceeding 4,500 pounds from $75 to $100. Fee 10/1/2019 $4.6 $6.2
Wisconsin Increased registration fees for light trucks/vehicles not exceeding 6,000 pounds from $84 to $100. Fee 10/1/2019 $6.3 $8.6
Wisconsin Increased title fees for all vehicles from $69.50 to $164.50. Fee 10/1/2019 $114.7 $158.3
Wisconsin Increased the annual custodial parent fee for child support enforcement services to comply with federal law. The rate went from $25 to $35. Fee 10/1/2019 $0.8 $1.0
Wisconsin Increased assessments on annual gross operating revenues from intrastate telecommunications providers that are deposited into the Universal Service Fund to increase funding for public library system aid. Fee 7/1/2019 $1.0 $1.0
Wyoming Required marketplace facilitators to collect and remit the sales and use tax due on retail sales on behalf of marketplace sellers. Sales and Use 7/1/2019 $7.0 $7.0
District of Columbia High-technology companies are eligible for a credit equal to an exemption of business franchise taxes for 5 years and thereafter the franchise tax rate is 6%. As of tax year 2020, the 6% rate is limited to no more than five years, provided that the total amount of credit a QHTC may receive does not exceed $250,000 in a taxable year. Corporate Income 10/1/2019 $5.4 $7.2
District of Columbia Established a deed recordation tax exemption for rental housing owners who are nonprofit entities, lease their units at certain income thresholds, and comply with additional requirements Other 10/1/2019 -$1.8 -$1.8
District of Columbia Increased the deed transfer and recordation tax rates for mixed-use and commercial real estate transactions valued at $2 million or higher. Other 10/1/2019 $90.8 $111.1
District of Columbia Increased sustainable energy surcharges on electricity, natural gas, and home fuel oil. Other 10/1/2019 $23.8 $22.6
District of Columbia Increased the maximum per taxpayer real property tax credit from $1,000 to $1,200, raised the income eligibility threshold for the credit, and excluded dependent income from the calculation. Personal Income 10/1/2019 -$3.8 -$3.9
District of Columbia Extended a $1,000 per child care tax credit for taxpayers with incomes of $150,000 or less and indexed the credit to inflation. Personal Income 10/1/2019 -$1.4 -$1.4
District of Columbia Eliminated a rate reduction trigger, which set the tax rate on commercial properties with an assessed value greater than $10 million permanently at $1.89 for each $100 of assessed value. No change in taxpayer liability. Property 10/1/2019 $24.7 $25.2
District of Columbia Delayed Line Hotel property tax abatement. No change in taxpayer liability. Property 10/1/2019 $1.0 N.A.
District of Columbia Established real property tax exemptions for rental housing owners who are nonprofit entities, lease their units at certain income thresholds, and comply with additional requirements. Property 10/1/2019 -$0.9 -$1.9
District of Columbia Established a feminine hygiene and diaper sales tax exemption. Sales and Use 10/1/2019 -$4.5 -$4.6
District of Columbia Imposed an 8% gross receipts tax on soft drinks. Sales and Use 10/1/2019 $3.2 $3.1
District of Columbia Repealed high-technology sales tax exemptions. Sales and Use 10/1/2019 $9.9 $10.4
District of Columbia Authorized the District to continue to charge a fee on each hospital’s outpatient gross patient revenue and a fee on each hospital’s inpatient net patient revenue through September 30, 2029. No change in taxpayer liability. Fee 10/1/2019 $13.4 $13.7
District of Columbia Increased the Residential Parking Permit fee. It will be $50 for the first vehicle, $75 for the second vehicle, $100 for the third vehicle, and $150 for the fourth and subsequent vehicles. The fee for the first vehicle for residents 65 years of age and older will be $35. Fee 10/1/2019 $1.7 $3.1

2018
Juridiction Description Type Effective Date Fiscal Year 2019 Fiscal Year 2020
Alabama Enacted legislation that allows the Irrigation Equipment Tax Credit to be claimed once in three different time periods rather than once over its lifetime. This change terminates Dec. 31, 2023. Personal Income  1/1/2019 N.A. $1.8
Alabama Codified the current Department of Revenue rule that limited the income tax credit for taxes paid on income from sources outside the state to offset only the portion of the taxpayer's Alabama income tax liability that is attributable to income derived from non-Alabama sources. Personal Income  1/1/2018 $13.0 $13.0
Alabama Increased the optional standard deduction adjusted gross income floor for taxpayers that are married filing joint, head of family, and single from $20,000 to $23,000 and from $10,000 to $10,500 for taxpayers that are married filing separate. Personal Income 1/1/2019 N.A. -$4.0
Alabama Exempted bullion or money from sales and use taxes. This change takes effect June 1, 2018 and terminates June 1, 2023. Sales 6/1/2018 -$1.9 -$1.9
Alabama Allowed marketplace facilitators to enter the Simplified Sellers Use Tax (SSUT) Remittance Program and collect and remit SSUT on behalf of marketplace sellers utilizing its services for retail sales delivered in the state. This change is projected to increase revenues from $15 to $26 million in FY 2019 and $23 to $39 million in FY 2020. Sales 1/1/2019 $20.5 $31.0
Alaska Mandated that utilities utilize water's edge reporting.  The estimated revenue impact for this change is an increase from $100,000 to $5 million. Corporate Income 1/1/2019 $2.6 $2.6
Alaska Alaska's corporate income tax had a reduced rate for capital gains, which was tied to a federal definition of capital gains that was deleted in federal tax reform. No legislative action was taken, so capital gains will now be taxed at the same rate as other income. The old maximum rate was 4.5 percent, the new maximum rate is 9.4 percent. Corporate Income 1/1/2018 $3.4 $3.4
Alaska Extended the sunset date for the Education Tax Credit, which is applicable to all tax types. The new sunset date is Jan. 1, 2025. The legislation also reduced the credit's generosity. The positive fiscal impact shown is relative to current policy. Relative to current law, extending the credit is estimated to cost $6.35 million in FY 2020. Other 1/1/2019 $0.6 $1.2
Arizona Increased the amount of military pension that is exempt from state income tax from $2,500 to $3,500. Personal Income 1/1/2019 N.A. $2.0
Arizona Conformed to provisions in the federal Tax Cuts and Jobs Act (TCJA) effective in TY 2017. No legislation was enacted to conform to TCJA provisions effective in TY 2018. This change will result in a one-time revenue loss of $5 million in FY 2019. Personal Income 9/28/2017 -$5.0 N.A.
Arizona Required all digital platforms that provide an unaffiliated third-party platform to rent lodging accommodations ("online lodging marketplace") to remit sales tax to the state and made the use of sales suppression software for tax evasion purposes illegal. Sales 1/1/2019 $10.0 $5.0
Arizona Enacted a new fee that will be charged on vehicle registrations. Fee 1/1/2019 $91.0 $182.0
California Extended the California Competes Hiring Credit and reduced the credit amount. This credit will sunset July 1, 2023. This credit can be applied to both corporate and personal income taxes. Corporate Income 7/1/2018 -$180.0 -$180.0
California Extended the California Competes Hiring Credit and reduced the credit amount. This credit will sunset July 1, 2023. This credit can be applied to both corporate and personal income taxes. Personal Income 7/1/2018 -$180.0 -$180.0
California Expanded the Earned Income Tax Credit to include those between 18 to 21 without children, those over 65, and increased the cap to account for increasing minimum wage. Personal Income 1/1/2018 -$60.0 -$60.0
California Increased the transaction fees between the DMV and private entities from $3 to $4 per transaction. Fee 7/1/2018 $3.5 $3.5
Colorado Enacted legislation changing how multi-state corporate income taxpayers apportion income from the sales of services and intangible property to Colorado. This bill could increase or decrease corporate income tax revenue, ranging from -$2.9 million to +$8.6 million in FY 2019 and -$6.1 million to +$18.3 million in FY 2020. Corporate Income 8/8/2018 $2.9 $6.1
Colorado Expanded the child care expenses income tax credit. This has increasing fiscal impacts through FY 2022-23. Personal Income 1/1/2019 -$1.9 -$3.7
Colorado Created an income tax deduction for military retirement benefits received by individuals under the age of 55. The maximum deduction amount is capped in each tax year the deduction is available. Personal Income 1/1/2019 -$1.1 -$2.9
Colorado Extended the sunset date for the low-income housing tax credit for an additional five years. The credit was originally set to expire after 2019. No change in taxpayer liability. Personal Income 1/1/2020 N.A. N.A.
Colorado Extended the income tax credit for contributions to promote child care through 2024. This credit was originally set to expire after 2019. No change in taxpayer liability. Personal Income 1/1/2020 N.A. -$16.2
Colorado Increased fees paid by stationary sources of air pollutants. Fee 5/18/2018 $1.8 $2.7
Colorado Enacted an infant newborn screening fee. Fee 7/1/2018 $1.5 $1.5
Connecticut Allowed for scheduled sunset of the 20% Corp. Surcharge, which decreases to 10% in IY 2018 and then 0% in IY 2019; base tax rate remains at 7.5%. The rate dropped from 9.25 percent to 8.25 percent. Corporate Income 1/1/2018 -$37.5 -$15.0
Connecticut Establish a new Corporate in lieu of Personal Income Tax, also referred to as the Pass-Through-Entity Tax, on the distributed shares of income from the Entity. Corporate Income 1/1/2018 $600.0 $600.0
Connecticut Phased in an adoption of Federal Exemption levels for Estate and Gift Taxes. The new threshold is $2.6 million in IY18 and $3.6 million in IY19. Other 1/1/2018 -$15.6 -$35
Connecticut Phased in the first portion of the pension/annuity exemption. This is the first of seven annual phase ins. Personal Income 1/1/2019 -$8.2 -$24.6
Connecticut Establish a new Corporate in lieu of Personal Income Tax, also referred to as the Pass-Through-Entity Tax, on the distributed shares of income from the Entity. Personal Income 1/1/2018 -$600.0 -$600.0
Connecticut Expanded the Social Security exemption by increasing the threshold for the 100 percent exemption. Personal Income 1/1/2019 -$7.9 -$16.3
Connecticut Lowered the sales tax rate for vessel-related sales from 6.35 percent to 2.99 percent. Sales 7/1/2018 -$2.5 -$2.5
Connecticut Adopted nexus provisions similar to South Dakota in the event of a ruling in favor of South Dakota. Sales 12/1/2018 N.A. N.A.
Delaware Enacted a new Angel Investor Tax Credit. The state will provide up to $5 million in tax credits for investments in qualified businesses that spur job growth. These credits are set to terminate Dec. 31, 2022. These credits can be applied to personal and corporate income taxes. Personal Income 7/1/2018 N.A. -$5.0
Delaware Increased the first-time homebuyers credit that can be taken against the Real Estate Transfer Tax from 0.05 percent to 1 percent. Other Retroactive to 8/1/2017 -$5.2 -$5.4
Delaware Lowered state tax rate on casino revenue from 43.5 percent to 42.5 percent. Other 7/1/2018 -$11.4 -$16.8
Delaware Enacted a new Angel Investor Tax Credit. The state will provide up to $5 million in tax credits for investments in qualified businesses that spur job growth. These credits are set to terminate Dec. 31, 2022. These credits can be applied to personal and corporate income taxes. Corporate Income 7/1/2018 N.A. -$5
District of Columbia Conformed corporate income tax to the TCJA. Corporate Income Rolling Basis $1.0 $1.0
District of Columbia Conformed unincorporated tax to the TCJA. Corporate Income Rolling Basis $1.1 $1.1
District of Columbia Increased the tax on for-hire vehicles (excludes taxicabs) from 1 percent to 6 percent. Other 10/1/2018 $23.0 $23.8
District of Columbia Conformed Estate Tax to the TCJA. Other Rolling Basis -$6.5 -$6.5
District of Columbia Conformed individual income tax to the TCJA. Personal Income Rolling Basis $56.4 $58.9
District of Columbia Altered Class 2 property tax rates. The real property tax rates and special real property tax rates for taxable Class 2 Properties are:

$1.65 for each $100 of assessed value if the real property’s assessed value is not greater than $5 million;
$1.77 for each $100 of assessed value if the real property’s assessed value is greater than $5,000,000 but not greater than $10 million; or
$1.89 for each $100 of assessed value if the real property’s assessed value is greater than $10 million.
Property 10/1/2018 $40.4 $41.4
District of Columbia The general sales and use tax rate will increase from 5.75 percent to 6 percent. Sales 10/1/2018 $26.4 $27.6
District of Columbia The total rate of tax on gross receipts for the sale of or charges for any rooms, lodging or accommodations wil increase from 14.8 to 14.95 percent. Sales 10/1/2018 $3.4 $3.5
District of Columbia The total tax levy for cigarettes will increase from $2.94 to $4.94 per pack of 20. Tobacco 10/1/2018 $5.2 $4.2
Florida Amended the tax credit scholarship program. Corporate Income 7/1/2018 -$10.0 -$10.1
Florida Extended the contaminated site rehabilitation tax credit until June 30, 2019. No change in taxpayer liability. Corporate Income 7/1/2018 -$8.5 N.A.
Florida Enacted a refund for certain air carriers. Certain air carriers may receive a refund of 1.42 cents per gallon of the tax imposed on aviation fuel purchased. Motor Fuel 7/1/2019 N.A. -$10.5
Florida Enacted a refund for the taxes paid for motor fuel used to transport agriculture after Hurricane Irma. The purchase must have been made between Sept. 10, 2017 and June 30, 2018. Motor Fuel 7/1/2018 -$3.7 N.A.
Florida Exempted the transfer of real property between spouses that record the deed within one year of marriage from the documentary stamp tax. Other 7/1/2018 -$1.4 -$1.5
Florida Exempted a veteran, the spouse of a veteran, or a person receiving public benefits from paying a local business tax or fee. Other 7/1/2018 -$19.1 -$19.8
Florida Clarified that certain contractors are independent contractors for purposes of reemployment tax. Other 7/1/2018 -$2.6 -$2.7
Florida Created two new scholarship programs that provide credits for contributions made to K-12 scholarship organizations. Sales 7/1/2018 -$71 -$99.1
Florida Enacted a back-to-school sales tax holiday. Clothing and school supplies are included in this tax change. The holiday is from Aug. 3-5. Sales 7/1/2018 -$32.7 N.A.
Florida Reduced the commercial rent tax rate by 0.1 percent. Sales 1/1/2019 -$12.9 -$32.3
Florida Extended the tax credit for community contributions until June 30, 2020. No change in taxpayer liability. Sales 7/1/2018 -$1.9 -$2.9
Florida Enacted a disaster preparedness holiday. Exempted certain tangible personal property from June 1-7. Sales 7/1/2018 -$5.8 N.A.
Florida Enacted a refund for farm fencing materials purchased between Sept. 10, 2017 through May 31, 2018 due to damage incurred by Hurricane Irma. This refund expires Dec. 31, 2018. Sales 7/1/2018 -$2.7 N.A.
Florida Enacted a refund for building materials purchased between Sept. 10, 2017 through May 31, 2018 and used on a nonresidential farm building to repair damage incurred by Hurricane Irma. This refund expires Dec. 31, 2018. Sales 7/1/2018 -$8.8 N.A.
Florida Exempted form the sales and use tax or provide a refund of the tax on equipment used to generate electricity at a nursing home or assisted living facility when purchased between July 1, 2017 through Dec. 31, 2018. Sales 7/1/2018 -$6.7 N.A.
Florida Provided an exemption or waiver of certain office of Financial Regulation or Department of Financial Services fees to active duty military members, veterans, and veteran spouses. Fee 7/1/2018 -$2.3 -$2.3
Florida Repealed the license requirement for clinical laboratories. Fee 7/1/2018 -$1.5 —$1.5
Florida Provided a refund of the surcharge imposed by a university on excess credit hours. Fee 7/1/2018 -$1.3 -$1.3
Florida Reduced a traffic citation fine by 9 percent if the person completes driving improvement school. Fee 1/1/2019 -$0.7 -$1.7
Georgia Expanded the Student Scholarship Organization Tax Credit. This change is set to terminate Jan. 1, 2029. No change in taxpayer liability. Corporate Income 1/1/2019 -$42 -$42
Georgia Enacted a Short Line Rail Tax Credit. Corporate Income 1/1/2019 N.A. -$2.4
Georgia Conformed to federal tax reform changes and reduced the top corporate income tax rate in 2019. The rate reduced from 6 percent to 5.5 percent. Another reduction will take place in 2020. Corporate Income 1/1/2018 $13.0 $369.0
Georgia Expanded the Student Scholarship Organization Tax Credit. This change is set to terminate Jan. 1, 2029. Personal Income 1/1/2019 -$42 -$42
Georgia Enacted an exemption for retirement income for a veteran surviving family member. Personal Income 1/1/2019 $5.2 $4.7
Georgia Conformed to federal tax reform changes and doubled the standard deduction in 2018. Reduced the top income tax rate in 2019 from 6 percent to 5.5 percent. Another reduction will take place in 2020. Personal Income 1/1/2018 $252.0 $24.0
Georgia Enacted an exemption for data center equipment. Sales 1/1/2019 -$7.6 $15.2
Georgia Enacted legislation creating economic nexus. Sales 1/1/2019 $126.0 $299.0
Georgia Enacted an exemption for aquarium and museum construction. Sales 1/1/2019 -$1.5 -$1.5
Georgia Enacted a 50 percent exemption on the sale of manufactured homes. Sales 1/1/2019 $3.0 $3.0
Georgia Voters authorized a new homestead exemption for municipal purposes in an amount equal to the amount by which the current year assessed value of a homestead exceeds the adjusted base year value of such homestead. The exemption only applies to those residing in a municipal corporation that is located in more than one county, that levies a sales tax for public transportation, and that has an independent school system within its boundaries. Property 1/1/2019 N.A. N.A.
Hawaii Applied resort fees to transient accommodations. Other 7/1/2018 $10.4 $12.8
Hawaii Applied the transient accommodations tax to travel agencies and tour packagers. Other 7/1/2018 $14.7 $36.6
Hawaii Updated IRC conformity date. Other TY 2018 $9.2 $14.2
Hawaii Increased the withholding of tax on disposition of real property by nonresident persons. The rate increased from 5 percent to 7.25 percent. Personal Income 9/15/2018 $8.1 $2.6
Hawaii Extended the general excise tax exemption for affordable housing projects. Also, the exemption cap increased from $7 million to $30 million. The new sunset date is June 30, 2030. Sales 7/1/2017 -$23.0 -$23.0
Hawaii Enacted nexus if selling more than $100,000 per year. Sales 7/1/2018 $6.8 $7.6
Idaho Lowered the corporate income tax rate from 7.4 percent to 6.925 percent. Effective Jan. 1, 2018. This change was part of a larger reform measure. Corporate Income 1/1/2018 -$15.5 -$15.5
Idaho Conformed to federal tax reform changes affecting TY 2017. This resulted in a base change of -$6.4 million. Personal Income 1/1/2017 N.A. N.A.
Idaho Conformed to federal tax reform changes affecting TY 2018. This change was part of a larger reform measure. Personal Income 1/1/2018 $118.8 $155.7
Idaho Lowered individual rates by 0.475 percentage points in all brackets. Effective Jan. 1, 2018. This change was part of a larger reform measure. Personal Income 1/1/2018 -$144.5 -$150.6
Idaho Enacted a child tax credit of $205 per eligible dependent. Effective Jan. 1, 2018. This change was part of a larger reform measure. Personal Income 1/1/2018 -$67.3 -$67.9
Idaho Conformed to federal tax reform changes affecting business income tax. These changes were part of a larger reform measure. Personal Income 1/1/2018 -$21.4 -$4.2
Idaho Conformed to the federal Bipartisan Budget Act. Effective Jan. 1, 2017. This resulted in a base change of -$4.2 million. Personal Income 1/1/2017 N.A. N.A.
Idaho Enacted a circuit breaker for disabled veterans, which affects sales tax distributions to the general fund. Effective July 1, 2018. Property 7/1/2018 -$1.1 N.A.
Illinois Pending U.S. Supreme Court decision, recapture of online sales tax. Sales 7/1/2018 $150.0 $200.0
Indiana Phased in a reduction to the corporate income tax rate. The rate lowered from 6.0 percent to 5.75 percent for FY 2019. The rate will phase down again to 5.5 percent for FY 2020. These changes were originally enacted in 2011 and 2014 and was  a part of the larger reform measure. Corporate Income The new phased down rate is effective at the beginning of each fiscal year. -$189.0 -$221.0
Indiana Phased in a reduction to the Financial Institution Tax (FIT). The rate will be 6.5 percent in CY 2018, 6.25 percent in CY 2019 and 6 percent in CY 2020. These changes were originally enacted in 2013 and 2014. The law also changed the distributions of FIT revenues and was also a part of a larger reform measure. Other The new phased down rate is effective at the beginning of each calendar year. -$20.0 -$24.0
Indiana Enacted the College Choice 529 Education Savings Plan Tax Credit. Personal Income 1/1/2018 Indeterminable, but significant N.A.
Indiana Conformed to the IRC. This revenue estimate reflects the impact for conformity on both the personal income tax and corporate income tax. Personal Income 1/1/2018 $56.0 $88.7
Indiana Conformed to the IRC. This revenue estimate reflects the impact for conformity on both the personal income tax and corporate income tax. Corporate Income 1/1/2018 $56.0 $88.7
Indiana Increased the deduction for military retirement and survivor's benefits. This change was originally enacted in 2017 and the increase took effect Jan. 1, 2018. Personal Income 1/1/2018 -$2.8 -$2.8
Indiana Provided a sales tax exemption for certain property, including trucks and pavers, purchased by a person that manufactures hot mix asphalt at an asphalt plant. Sales 7/1/2018 Indeterminable, but likely a significant decrease Indeterminable, but likely a significant decrease
Indiana Eliminated the provision that specifies that food sold through a vending machine is not eligible for the sales tax exemption for food and food ingredients sold for human consumption. Sales 7/1/2019 N.A. -$5.0
Indiana Enacted legislation providing that a transaction in which a user purchases, rents, leases, or licenses the right to remotely access prewritten computer software is not subject to sales tax. This change is estimated to result in a loss of $5.7 milltion to $13.4 million in FY 2019 and FY 2020. Sales 7/1/2018 -$9.6 -$9.6
Iowa Conformed to the Internal Revenue Code and lowered corporate rates. New, lower corporate rates will take effect TY 2021. This change was a part of a larger reform measure. Corporate Income 1/1/2018 $25.6 $20.8
Iowa Enacted base changes to the insurance premium tax. This change was a part of a larger reform measure. Other 1/1/2019 -$1.8 -$2.0
Iowa Enacted rate reductions and conformed to the Internal Revenue Code. The top rate was lowered from 8.98 percent to 8.53 percent. A new tax system is effective if two revenue triggers are met, earliest possible year is TY 2023. This change was a part of a larger reform measure. Personal Income 1/1/2019 -$186.0 -$408.9
Iowa Enacted a series of tax credit changes affecting personal and corporate income tax. The revenue impact is a combination of these changes. This change was a part of a larger reform measure. Personal Income 1/1/2019 $4.5 $7.9
Iowa Enacted a series of tax credit changes affecting personal and corporate income tax. The revenue impact is a combination of these changes. This change was a part of a larger reform measure. Corporate Income 1/1/2019 $4.5 $7.9
Iowa Expanded the tax base to include remote sales. This change was similar to the South Dakota online sales expansion plus other base expansions. This change was a part of a larger reform measure. Sales 1/1/2019 $55.8 $117.3
Iowa Enacted a small claims filing fee. Fee 7/1/2018 -$1.0 -$1.0
Kansas Enacted personal income tax reform in 2017 that is expected to increase general fund revenue by $633 million in FY 2019 and $617.4 million in FY 2020. This bill repeals the exemption for non-wage business income, restores the third income tax bracket, and increases the rates of each bracket to to 2.9, 4.9, and 5.2 percent, respectively. Previous law provided for two brackets at 2.7 percent and 4.6 percent. $230.4 million of the revenue increase in FY 2019 is attributable to the repeal of the non-wage personal income tax exemption, and $403.5 percent of the revenue increase in FY 2019 is attributable to the restoration of the third income tax bracket and rate increase. Personal Income 1/0/1900 $633.0 $617.4
Kansas Enacted a sales tax exemption for cash rebates granted by a manufacturer to a purchaser or lessee of a new motor vehicle. This exemption is set to expire June 30, 2021. Sales 7/1/2018 -$3.3 N.A.
Kentucky Adopted the IRC in effect on Dec. 31, 2017. In addition, the state lowered the tax rate and changed to single-factor apportionment and market-based sourcing. They collapsed their corporate income tax brackets, which ranged from 4 percent to 6 percent, and imposed a flat tax of 5 percent. The state also authorized combined reporting, which will become effective Jan. 1, 2019. These changes were a part of a larger reform measure. Corporate Income 1/1/2018 -$29.8 -$50.2
Kentucky Adopted the IRC in effect on Dec. 31, 2017, except for the 20 percent deduction for pass-through income. In addition, the state lowered its individual income tax rate and expanded the base. They collapsed their individual income tax brackets, which ranged from 2 percent to 6 percent, and imposed a flat tax of 5 percent. This change is expected to add an additional $7.5 billion to the tax base. These changes were a part of a larger reform measure. Personal Income 1/1/2018 -$104.4 -$101.4
Kentucky Expanded the sales and use tax base. The state repositioned its statute in anticipation of a favorable ruling in the U.S. Supreme Court Case, South Dakota v. Wayfair, Inc. This change is expected to add an additional $3.2 billion to the state's sales and use tax base. This change was a part of a larger reform measure. Sales 7/1/2018 $192.5 $238.0
Kentucky Increased cigarette and tobacco tax rate from 60 cents to $1.10. This change was part of a larger reform measure. Tobacco 7/1/2018 $136.0 $115.1
Kentucky Increased the new tire fee from $1 to $2; this revenue is used for waste tire disposal. Fee 7/1/2018 $2.8 $3.0
Louisiana Extended limitation of credit for taxes paid to other states. This tax change is set to terminate June 30, 2023. No change in taxpayer liability. Personal Income 6/12/2018 $33.6 $33.6
Louisiana Expanded the state Earned Income Tax Credit. Increased the percentage from 3.5 percent to 5 percent of the federal credit. This tax change is set to expire June 30, 2025. Personal Income 6/12/2018 N.A. -$21.0
Louisiana Increased the tax/fee on emergency ground transportation service providers from 3.5 percent to 6 percent. Health Care 8/1/2018 $6.1 $6.1
Louisiana Extended the additional sales tax at a reduced rate. The additional rate was previously 1 percent and now is 0.45 percent. Sales 7/1/2018 $466.0 $502.0
Louisiana Increased the fee on certain vehcile tires for the waste tire management program. The previous rate was 2.00 and the new rate is 2.25. Fee 8/1/2018 $0.9 $1.1
Maine Required the collection and remittance of sales and use tax on online real property rental platforms. Sales 10/1/2018 $2.0 $6.3
Maine Established an excise tax on recreational marijuana sales. The tax ranges from $.30 - $335 per pound. Sales 1/1/2019 $1.6 $6.8
Maine Established recreational marijuana cultivation, manufacturing and retail licenses. The rates range from $60 to $500 per facility.  Fee 1/1/2019 $0.9 $1.2
Maryland Enacted an income tax credit for a qualified Fortune 100 company based on jobs created at an eligible project. The credit may be used for up to 10 years and is equal to the total wages paid for qualified positions multiplied by 5.75 percent. The revenue loss is estimated to equal $4,885.2 million from FY 2021 through FY 2054. Corporate Income 6/1/2018 -$18.8 -$19.6
Maryland Enacted a refundable credit against both corporate and personal income tax for small businesses that provide paid sick and safe leave in accordance with state law to a qualified employee. The credit is the lesser of $500 per employee or the total amount of paid earned sick and safe leave accrued by qualified employees. The estimated revenue impact is a combined estimate. Corporate Income TY2018 -$5.0 -$5.0
Maryland Enacted a refundable credit against both corporate and personal income tax for small businesses that provide paid sick and safe leave in accordance with state law to a qualified employee. The credit is the lesser of $500 per employee or the total amount of paid earned sick and safe leave accrued by qualified employees. The estimated revenue impact is a combined estimate. Personal Income TY2018 -$5.0 -$5.0
Maryland Made alterations to eligibility and reporting requirements for the film production activity credit and specified the amount of credits that may be awarded in certain fiscal years. This credit may be claimed against corporate and personal income tax. The estimated revenue impact is a combined estimate. Corporate Income 7/1/2018 -$8.0 -$11.0
Maryland Made alterations to eligibility and reporting requirements for the film production activity credit and specified the amount of credits that may be awarded in certain fiscal years. This credit may be claimed against corporate and personal income tax. The estimated revenue impact is a combined estimate. Personal Income 7/1/2018 -$8.0 -$11.0
Maryland Extended the sunset date of the cybersecurity investment incentive tax credit through TY 2022. It is set to expire June 30, 2023. This credit may be claimed against personal and corporate income tax. The estimated revenue impact is a combined estimate. No change in taxpayer liability. Corporate Income 6/1/2018 -$2.0 -$2.0
Maryland Enacted an income tax credit for a qualified buyer who purchases cybersecurity technology or service from qualified Maryland companies. This credit may be claimed against personal and corporate income tax. The estimated revenue impact is a combined estimate. Corporate Income 6/1/2018 -$2.0 -$4.0
Maryland Enacted an income tax credit for a qualified buyer who purchases cybersecurity technology or service from qualified Maryland companies. This credit may be claimed against personal and corporate income tax. The estimated revenue impact is a combined estimate. Personal Income 6/1/2018 -$2.0 -$4.0
Maryland Made modifications to the One Maryland Economic Development Program, including new tiered credit amounts based on the number of qualifying positions, expanded geographic eligibility, and repealing of the start-up tax credit. This credit may be claimed against the corporate income tax, personal income tax, and insurance premium tax. The estimated revenue impact is a combined estimate. Corporate Income 7/1/2018 -$0.8 -$2.5
Maryland Made modifications to the One Maryland Economic Development Program, including new tiered credit amounts based on the number of qualifying positions, expanded geographic eligibility, and repealing of the start-up tax credit. This credit may be claimed against the corporate income tax, personal income tax, and insurance premium tax. The estimated revenue impact is a combined estimate. Personal Income 7/1/2018 -$0.8 -$2.5
Maryland Phased-in the use of single sales factor formula for apportionment of income to the state over a five-year period beginning in TY 2018. Corporate Income 7/1/2018 -$3.6 -$4.0
Maryland Specified that the value of the federal unified credit used to calculate the state estate tax is equal to the amount corresponding to an applicable exclusion amount of $5 million, rather than the federal exclusion amount. The state also established "portability" under the estate tax. Other 7/1/2018 N.A. $38.6
Maryland Made alterations to the heritage structure rehabilitation commercial tax credit program by providing an additional 5 percent credit if the rehabilitation qualified as affordable housing and eliminating a requirement that rehabilitations of multiple structures that are functionally related to serve an overall purpose are treated as a single commercial rehabilitation. This credit may be claimed against personal and corporate income tax. The estimated revenue impact is a combined estimate. Corporate Income 7/1/2018 -$0.8 -$1.3
Maryland Made alterations to the heritage structure rehabilitation commercial tax credit program by providing an additional 5 percent credit if the rehabilitation qualified as affordable housing and eliminating a requirement that rehabilitations of multiple structures that are functionally related to serve an overall purpose are treated as a single commercial rehabilitation. This credit may be claimed against personal and corporate income tax. The estimated revenue impact is a combined estimate. Personal Income 7/1/2018 -$0.8 -$1.3
Maryland Extended the eligibility of the state and local earned income tax credits to individuals who do not have qualifying children and are between the ages of 18 and 24 years. Personal Income 7/1/2018 -$7.5 -$5.5
Maryland Increased the maximum amount of military retirement income that may be deducted from $10,000 to $15,000. Personal Income 7/1/2018 -$4.8 -$4.9
Maryland Expanded the deduction for retirement income of certain public safety personnel to include correctional officers. Personal Income 7/1/2018 -$1.7 -$1.7
Maryland Increased the maximum amount of income that may be deducted by qualifying volunteer fire, rescue, and emergency medical service members. Previously, individuals were able to deduct up to $5,000. Beginning in TY 2020, individuals will be able to deduct up to $6,000; up to $6,500 for TY 2021; and up to $7,000 for TY 2022 and future years. The revenue loss is estimated to equal $500,000 in FY 2021, $800,000 in FY 2022 and exceed $1 million beginning in FY 2023. Personal Income 7/1/2018 N.A. N.A.
Maryland Altered the value of the standard deduction beginning in TY 2018 by increasing its maximum value. The standard deduction increased from $2,000 to $2,250 for single filers and from $4,000 to $4,500 for taxpayers filing jointly. Beginning in TY 2019, the values will be indexed based on annual change in cost of living. Personal Income 7/1/2018 -$56.6 -$44.2
Maryland Clarified that for state income tax purposes a taxpayer may deduct a personal exemption for the taxpayer, the taxpayer's spouse, and eligible dependents under IRC § 152. If the federal tax reform law were construed to repeal the state personal exemption, state general fund revenues would have increased by $730 million in FY 2019 and approximately $500 million annually going forward. No change in taxpayer liability. Personal Income 7/1/2018 N.A. N.A.
Maryland Extended the termination of the cybersecurity investment incentive tax credit through TY 2022. It is set to expire June 30, 2023. This credit may be claimed against personal and corporate income tax. The estimated revenue impact is a combined estimate. No change in taxpayer liability. Personal Income 6/1/2018 -$2.0 -$2.0
Maryland Created an exemption from sales and use tax for personal property and/or services purchased by a qualified Fortune 100 company for use at an eligible project. The exemption may be renewed for only 10 consecutive years. The revenue loss is estimated to equal $81.9 million for FY 2021 through FY 2054. Sales 6/1/2018 -$6.7 -$4.3
Maryland Imposed sales and use tax at a rate of 8 percent for sales and charges related to peer-to-peer car sharing. This is a temporary tax that will terminate on June 30, 2020. Sales 7/1/2018 Indeterminate, but potentially significant. Indeterminate, but potentially significant.
Maryland Enacted a health insurance provider fee assessment of 2.75 percent on specified entities for CY 2019 only. Fee 4/10/2018 $280.8 $84.2
Massachusetts Enacted a new payroll tax to fund paid family leave. The tax rate is 0.63 percent and is split between the employee and employer. This tax change is estimated to increase revenues from $750 to $800 million in FY 2020. Other 7/1/2019 N.A. $775.0
Massachusetts Enacted a vehicle rental surcharge. The surcharge is $2 per vehicle rental. The revenue estimates are about $4 to $5 million in FY 2019 and about $8 to $10 million in FY 2020. Fee 1/1/2019 $4.5 $9.0
Michigan Lowered the tax rate on insurance premiums written on qualified health insurance policies. The old rate was 0.0125 percent and the new rate is 0.0095 percent. Other 6/25/2018 -$18.0 -$18.0
Michigan Voters approved recreational marijuana in the 2018 election. The measure included a new 10 percent excise tax that would be applied. Other   N.A. $53.8
Michigan Increased the state personal exemption amount. Personal Income 2/28/2018 -$75 -$146
Michigan Increased the income limits on the Homestead Property Tax Credit. This was adopted in 2015 as part of changes associated with road funding. Personal Income 1/1/2019 $205.8 -$205.8
Michigan Voters approved recreational marijuana in the 2018 election, which enacted a sales tax levy on recreational marijuana. Sales   N.A. $35.5
Michigan Enacted a tax levy on medical marijuana. This change was originally adopted in 2016. Sales 7/10/1905 $36.3 $38.1
Michigan Eliminated Driver Responsibility Fees. These rates were varied. Fee 3/1/2018 -$34.5 -$18.5
Michigan Accelerated the phase-in for sales tax on difference for vehicle purchases. The state's previously enacted phase-in of sales tax on the difference for vehicle purchases was expected to result in a revenue loss of $38.8 million in FY 2019 and a loss of $42.1 million in FY 2020. Non-Tax 1/18/2018 -$2.7 -$5.7
Minnesota No tax legislation was enacted. Minnesota does have a law in place that will allow the DOR to begin collecting sales tax in response to the US Supreme Court ruling in the South Dakota v. Wayfair, Inc. case. That law was enacted in 2017. The Minnesota DOR plans to begin collecting that tax Oct. 1, 2018. Sales   N.A. N.A.
Mississippi Increased the amount of investment tax credits, which can be applied against the Insurance Premium Tax, available for allocation to investors under the MS Small Business Company Act.  Other 7/1/2018 -$45.0 -$45.0
Mississippi Extended the reduced oil and gas severance tax rate for horizontally drilled wells from which production from those wells commences before July 1, 2023. No change in taxpayer liability. Other 3/19/2018 -$1.2 -$1.2
Mississippi Provided an exemption from income tax for payments received by an agricultural producer or cattleman from certain agricultural disaster programs. Personal Income 1/1/2018 -$1.4 -$1.4
Mississippi Provided a new credit from income tax for contributions to qualifying charitable organizations that assist children who are either already in foster care or at high risk of going into the state’s foster care system, or serve children with a disability, or that serve low-income families. Additionally, the legislation increased the amount of the tax credit for each child legally adopted. The revenue impact reflects the loss from the adoption credit only. There was insufficient information to calculate the additional loss for the charitable contribution credits. Personal Income 1/1/2018 -$1.3 -$1.3
Mississippi Provided sales tax exemption for admissions to events sponsored by and held on property controlled by a municipality; however, a municipality may require the collection of the tax through adoption of an ordinance and notification to the Department of Revenue. Sales 7/1/2018 Unable to determine fiscal impact Unable to determine fiscal impact
Missouri For all tax years beginning on or after January 1, 2020, this act reduces the corporate income tax rate from 6.25 percent to 4.0 percent. Corporate Income 1/1/2020 N.A. -$49.7
Missouri For all tax years beginning on or after January 1, 2020, this act modifies the law relating to the allocation and apportionment of corporate income by requiring corporations to determine their income derived from sources within this state according to the provisions of this act. Corporate Income 1/1/2020 N.A. $45.3
Missouri Phased in a 10 cent fuel tax increase. Motor Fuel 7/1/2019 N.A. $73.2
Missouri Increased the cap on the Pregnancy Resource Center tax credit. This cap increase expires Dec. 31, 2024. Other 1/1/2019 N.A. -$1.0
Missouri Voters approved a constitutional amendment legalizing medical marijuana. The language included a 4 percent tax on its retail sale. The revenue estimate includes annual taxes and fees that will be generated. An additional $6 million is estimated to come in for local governments. Other   N.A. $18.0
Missouri Reduced the top personal income tax rate by one tenths of one percent, from 5.9 percent to 5.8 percent. Created an indiviudal income tax deduction for business income and phases it in, this impact will be an additional 5 percent and will allow income tax brackets to be adjusted for inflation. This change was originally passed in 2014 by SB 509. The FY 2020 fiscal impact assumes further rate reductions. Personal Income 1/1/2019 -$240.0 -$240.0
Missouri Current law provides for a reduction in the top rate of income tax over a period of years from 6 percent to 5.5 percent, with each cut becoming effective if net general revenue collections meet a certain trigger. In addition to such reductions, beginning in the 2019 calendar year, this act provides that the top rate of tax shall be reduced by 0.4 percent. The Director of Revenue shall adjust the tax tables as provided in the act. This act provides that when an income bracket is eliminated from the tax table, the top remaining tax rate shall apply to all income in excess of the second highest remaining income bracket. This act also creates a definition for "net general revenue collected," which includes all revenue deposited into the general revenue fund, less refunds and revenues originally deposited into the general revenue fund but designated by law for a specific distribution or transfer to another state fund. The act also modified the income tax deduction for federal tax libaility paid by indexing the amount that may be deducted to the taxpayer's Missouri AGI. The deduction is allowed at 35 percent for AGI of $25,000 or more and is phased out to 0 percent for AGI of $125,001 or more. Lastly, the act modified the individual income tax deduction by reducing the maximum from 25 percent to 20 percent. The revenue impact incorporates all these changes. Personal Income 1/1/2019 $1.7 $2.4
Missouri Beginning July 1, 2019, interest on overpayments of income taxes is required to be calculated in the same manner as interest on underpayments. Beginning July 1, 2019, this act also repeals a provision prohibiting the payment of interest on overpayments of income taxes if such interest is less than one dollar.  This is applicable to all tax types. Personal Income 7/1/2019 N.A. -$2.7
Missouri Allowed members of the National Guard or reserve components of the Armed Forces of the United States to deduct such military income from his or her Missouri adjusted gross income to determine such taxpayer's Missouri taxable income. Personal Income 1/1/2020 N.A. -$4.2
Missouri Modified the Missouri Higher Education Savings Program to allow 529 MOST account holders to transfer money from such account to a Missouri ABLE account while retaining tax exempt status on any money transferred. This act additionally stipulated that funds held in 529 MOST savings accounts that are used at a designated elementrary and secondary institution are considered a qualified education expense, permitting a taxpayer to receive a tax deduction for such expenses. Personal Income 8/28/2018 Unknown negative fiscal impact Unknown negative fiscal impact
Missouri Added a deduction for contributions to a savings account for first time homebuyers: $800 for individuals and $1600 for married filing-joint taxpayers. Personal Income 1/1/2019 N.A. -$1.3
Missouri This act provides that Missouri personal and dependency exemptions shall not be allowed if the federal exemption amount is zero. Personal Income Immediate This will not have a positive or negative effect on revenue due to the Department has always believed that this languge was not needed. This will not have a positive or negative effect on revenue due to the Department has always believed that this languge was not needed.
Missouri Increased the fee from 2.5 percent to 4 percent on the historic preservation tax credits. Fee 8/28/2018 $1.8 $1.8
Montana Voters approved an extension of the state's six mill levy to support the state's public colleges and universities. The levy was originally set to expire in Jan. 2019. Property 1/1/2019 N.A. $20.9
Montana Eliminated the lottery system for liquor licenses and replaced it with a competitive bidding auction where the proceeds would be deposited in the state general fund. This change was made in a November 2017 special legislative session. It is set to expire Dec. 31, 2023. Fee 12/1/2017 $2.5 $3.8
Nebraska Changed adjustment to income for social security benefits. This tax change is effective Jan. 1, 2020. Personal Income 1/1/2020 -$0.3 —$1.3
Nebraska Enacted changes to provisions relating to income inflation adjustments, personal exemptions, and the standard deduction. These changes are effective Jan. 1, 2018. The estimates shown are a reduction after adding into the "current law" forecast during the legislative session on the estimated impacts of federal tax reform because of its interaction with the statutory definitions of state tax liabilities within the state tax code. Personal Income 1/1/2018 -$326.0 -$257.0
Nevada Voters approved a ballot measure exempting feminine hygiene products from sales and use tax. The estimated combined revenue loss per fiscal year is between $4.96 million to $7.11 million. Sales 1/1/2019 -$3.0 -$6.0
New Hampshire Business Profits Tax rate decrease (SB 9, 2015 Session), from 8.2 percent to 7.9 percent. Corporate Income 7/1/2016 (For tax periods ending on or after 12/31/18) -$11.9 -$11.9
New Hampshire Business Profits Tax Rate Decrease (HB 517, 2017 Session), from 7.9 percent to 7.7 percent. Corporate Income 7/1/2019 (For tax periods ending on or after 12/31/19) -$2.9 -$9.4
New Hampshire Business Enterprise Tax rate decrease (SB 9, 2015 Session), from 0.72 percent to 0.675 percent. Corporate Income 7/1/2016 (For tax periods ending on or after 12/31/18) -$9.0 -$9.0
New Hampshire Business Enterprise Tax rate decrease (SHB 517, 2017 Session), from 0.675 percent to 0.6 percent. Corporate Income 7/1/2019 (For tax periods ending on or after 12/31/19) -$8.1 -$26.7
New Hampshire Enacted an IRC Section 179 increase. (SB 239, 2016 Session) Increased deduction from $25,000 to $100,000. Corporate Income 1/1/2017 Unknown Unknown
New Hampshire Enacted a IRC Section 179 increase. (HB 517, 2017 Session) Increased deduction from $100,000 to $500,000. Corporate Income 1/1/2018 -$9.7 Unknown
New Hampshire Allowed the Electricity Consumption Tax to expire on Jan. 1, 2019. Other 1/1/2019 -$3.0 -$6.0
New Jersey Imposed a 2.5 percent surtax on allocated net income over $1 million. This tax change is a part of a larger reform measure and is set to expire after the second privilege period next following the first privilege period in which the surtax applies. Beginning Jan. 1, 2020, the surtax will drop to 1.5 percent, which will expire after the second privilege period next following the first privilege period in which the 1.5 percent surtax applies. Corporate Income 1/1/2018 $425.0 N.A.
New Jersey Required combined reporting under the corporation business tax. This tax change is part of a larger reform measure. Corporate Income 1/1/2019 Indeterminate N.A.
New Jersey Decoupled from 26 U.S.C. s.199A. Corporate Income 1/1/2018 Indeterminate N.A.
New Jersey Reduced deduction dividends received from subsidiaries in which the company owns an 80 percent or greater stake from 100 percent to 95 percent. This tax change is retroactive to Jan. 1, 2017. Corporate Income 1/1/2017 Indeterminate N.A.
New Jersey Disallowed the deduction taken for federal purposes against income reported pursuant to federal IRC Section 965. This tax change is retoractive to Jan. 1, 2017. Corporate Income 1/1/2017 Indeterminate N.A.
New Jersey Prescribed a method to apply the federal interest deduction limitation in IRC Section 163(j). Corporate Income 1/1/2018 Indeterminate N.A.
New Jersey Subjected sports wagering revenue realized by a casino, less the amount paid out as winnings, to an 8.5 percent tax. Subjects sums received from Internet wagering on sports events, less the amount paid out as winnings, to a 13 percent tax. This is expected to have a positive revenue impact ranging from $12 to $17 million in FY 2019. Other 6/11/2018 $14.5 N.A.
New Jersey Increased personal income tax rate on incomes over $5 million. The rate increased from 8.97 percent to 10.75 percent. This tax change was a part of a larger reform measure. Personal Income 1/1/2018 $280.0 N.A.
New Jersey Increased the State Earned Income Tax Credit from 35 percent to 40 percent of the federal earned income tax credit on a phased-in basis over three years. This tax change was a part of a larger reform measure. Personal Income 1/1/2018 -$27.2 N.A.
New Jersey Provided a nonrefundable credit against the gross income tax to taxpayers who incur employment-related expenses while caring for a child or dependent. This tax change was a part of a larger reform measure. Personal Income 1/1/2018 -$12 N.A.
New Jersey Imposed a tax on income attributable to certain "investment management services" that an individual partner or corporate partner provides on behalf of a partnership. This becomes effective upon the enactment by states of Connecticut, Massachusetts and New York of legislation having an identical effect. This tax change is a part of a larger reform measure and set to terminate upon the enactment of federal law closing the carried interest loophole. Personal Income Upon enactment by the states of Connecticut, New York, and Massachusetts of legislation having an identical effect None N.A.
New Jersey Increased the maximum gross income deduction allowed for homestead property taxes paid from $10,000 to $15,000. Personal Income 1/1/2018 -$97.9 N.A.
New Jersey Decoupled from 26 U.S.C. s.199A. Personal Income 1/1/2018 Indeterminate N.A.
New Jersey Imposed a 50 cent surcharge on rider of a prearranged ride from a ridesharing service. Sales 10/1/2018 $12.0 N.A.
New Jersey Imposed the sales and use tax and the state hotel and motel occupancy fee on charges for the occpuamcy of a transient accommodation, and permits municipalities authorized to impose the Meadowlands regional hotel use assessment, the sports and entertainment facility tax, the Atlantic City luxury tax, the Atlantic City promotion fee, the hotel occpunacy tax, the municipal hotel and motel occupancy tax, and the Cape May County tourism tax and assessment to similarly require the collection of tax on charges for the occupancy of a transient accommodation. Sales 10/1/2018 $15.0 N.A.
New Jersey Imposed a 10 cent per fluid milliliter tax on liquid nicotine. Tobacco 9/30/2018 $4.4 $6.1
New Jersey Establishes 90-day tax amnesty period for unpaid taxes due between 2/1/2009 and 9/1/2017. Non-Tax Immediately $200.0 N.A.
New Mexico Enacted a tax deduction for local small businesses on the Saturday after Thanksgiving. This tax change resulted in a base change of -$40.9 million. The deduction is set to expire Dec. 31, 2019. Sales 7/1/2018 -$1.7 -$1.8
New York Extended the statute of limitations on amended tax returns. No change in taxpayer liability. Personal Income 4/1/2018 $2.0 $2.0
New York Extended the theater production credit for four years. This is estimated to decrease revenues by $4 million for personal and corporate income taxes beginning FY 2021. The credit is now set to terminate Dec. 31, 2022. No change in taxpayer liability. Corporate Income 1/1/2019 $0.0 $0.0
New York Amended the definition of CFC income to reflect federal changes, without addressing GILTI. Corporate Income 1/1/2018 Revenue Neutral- Prevents a $2 billion loss of revenue resulting from carry through of Federal changes in the Tax Cuts and Jobs Act of 2017 N.A.
New York Changed the definition of residency for tax purposes. Personal Income 4/1/2018 N.A. N.A.
New York Extended the Hire-A-Vet credit for two years. This tax change is expected to reduce revenues by $37 million in FY 2021. This credit is now set to terminate Dec. 31, 2019. No change in taxpayer liability. Personal Income 4/1/2018 $0.0 $0.0
New York Extended the theater production credit for four years. This is estimated to decrease revenues by $4 million for personal and corporate income taxes beginning FY 2021. The credit is now set to terminate Dec. 31, 2022. No change in taxpayer liability. Personal Income 1/1/2019 $0.0 $0.0
New York Extended the Historic Rehabilitation Credit for five years and decoupled the credit from the federal credit. This tax change is estimated to decrease revenues by $89 million in FY 2022. This credit is now set to terminate Dec. 31, 2024. No change in taxpayer liability. Personal Income 1/1/2018 $0.0 $0.0
New York Decoupled the personal income tax from the IRC for itemized deductions, the requirement to itemize on the federal level in order to itemize on the state level, and changed the definition of "single taxpayer." Personal Income 1/1/2018 Revenue Neutral- Prevents a $1.5 billion tax increase resulting from carry through of Federal changes in the Tax Cuts and Jobs Act of 2017 Revenue Neutral- Prevents a $1.5 billion tax increase resulting from carry through of Federal changes in the Tax Cuts and Jobs Act of 2017
New York Creation of Charitable Contribution Funds to address changes to SALT. Personal Income 4/1/2018 N.A. N.A.
New York Created an optional payroll tax for employees making more than $40,000 at a company that has elected to participate in the tax. The tax rate will be 1.5 percent in year one, 3 percent in year two, and five percent in year three and going forward. Personal Income 4/1/2018 N.A. N.A.
New York Decoupled the Empire Child Credit from the federal Child Credit. This will prevent a $503 million loss of revenue. No change in taxpayer liability. Personal Income 4/1/2018 N.A. N.A.
North Carolina Enacted partial conformity to IRC expensing and deductions changes. Personal Income 1/1/2018 $40.1 $54.5
North Carolina Enacted partial conformity to IRC expensing and deductions changes. Corporate Income 1/1/2018 $18.9 $16.5
North Dakota Legislation enacted by the 2015 Legislative Assembly allows taxpayers to elect an alternate income tax apportionment method. The legislation allows a double weighted sales factor apportionment election for tax years 2016 and 2017, a 75 percent weighted sales factor apportionment election for tax year 2018, and a single sales factor apportionment election for tax years 2019 and forward. Corporate Income 1/1/2015 -$16.3 -$44.3
North Dakota Legislation enacted by the 2017 Legislative Assembly requires remote sellers that do not have a physical presence in North Dakota to remit sales and use tax on items delivered into this state if the seller makes at least 200 transactions or had more than $100,000 in sales in North Dakota in the previous or current calendar year. The bill contained a contingent effective date which was triggered by the Supreme Court's ruling in South Dakota v. Wayfair, Inc., which overruled Quill Corp. v. North Dakota. The Tax Department estimates revenue increases of $20 million to $50 million per year as a result of the bill. Sales 6/21/2018 $20.0 $20.0
Ohio Conformed to FAGI definition. Personal Income 1/1/2017 $0.0 $0.0
Ohio Enacted an exemption for prescription eyewear. Sales 7/1/2019 N.A. -$23.2
Ohio Enacted an exemption for certain tangible personal property used in oil/natural gas production. Sales 9/13/2018 -$2.7 Minimal loss
Ohio Enacted a 3-day tax holiday in August. Sales 8/1/2019 N.A. -$16.9
Oklahoma Increased the tax rate on diesel fuel by six cents. The rate increased from 14 cents to 20 cents. Motor Fuel 6/28/2018 $5.3 N.A.
Oklahoma Increased the gas tax rate by three cents. The rate increased from 17 cents to 20 cents. Motor Fuel 6/28/2018 $52.0 N.A.
Oklahoma Increased the incentive rate on production from 2 percent to 5 percent for the first 36 months. Other 6/28/2018 $166.8 N.A.
Oklahoma Authorized non-house banked table games and sports pools as negotiated by compact. Other 1/0/1900 $0.0 Fiscal impact is unknown
Oklahoma Capped the amount of itemized deductions at $17,000, excluding charitable donations and medical expenses. Personal Income 1/1/2018 $94.0 N.A.
Oklahoma Enacted a tax levy on "website/affiliate" sales. Sales 4/10/2018 $19.6 $20.5
Oklahoma Increased the cigeratte pack rate from $1.03 to $2.03. Tobacco 6/28/2018 $152.1 N.A.
Oklahoma Modified the tax on little cigars. The previous rate was based on weight and the new rate is mills per "stick." Tobacco 6/28/2018 $1.0 N.A.
Oregon Conformed to the deemed repatriation provision in the federal Tax Cuts and Jobs Act. Corporate Income 1/1/2017 $140.0 $0.0
Oregon Extended the Long-Term Care Assessment. The new termination date is June 30, 2026. The estimated fiscal impact in FY 2021 is a revenue increase of $72.4 million. No change in taxpayer liability. Health Care 7/1/2020 $0.0 $0.0
Oregon Expanded the definition of businesses required to pay transient lodging taxes. Other 1/1/2018 $2.4 $2.4
Oregon Created a subtraction for contributions to home buyer savings accounts. This change is set to terminate Jan. 1, 2027. Personal Income 1/1/2019 $0.0 -$2.0
Oregon Extended the reduced tax rates for pass-through entities to sole proprietors. Personal Income 1/1/2018 -$11.3 -$11.8
Oregon Decoupled from the federal pass-through deduction in the federal Tax Cuts and Jobs Act. Personal Income 1/1/2018 $182.0 $192.0
Pennsylvania Decoupled from IRC provision allowing bonus depreciation. Corporate Income 6/28/2018 -$19.3 -$21.2
Pennsylvania Sports wagering legislation was enacted in 2017, which became effective at the time of the federal ruling. Other 10/31/2017 $70.0 N.A.
Rhode Island Expanded the sales and use tax base by including security services. Sales 7/1/2018 $9.7 $9.8
Rhode Island Expanded the sales and use tax base by including software as a service. Sales 10/1/2018 $4.8 $6.6
Rhode Island Authorized sports betting at state operated casinos. Other 10/1/2018 $24.5 $27.3
Rhode Island Increased mutual fund filing fees by $750. The old rate was $1000 and the new rate is $1750. Fee 7/1/2018 $6.9 $6.9
Rhode Island Increased the insurance claims adjusters registration fee by $100. The old rate was $150 and the new rate is $250. Fee 7/1/2018 $3.0 $3.0
South Carolina Increased the motor fuel tax for FY 2019 by 2 cents per gallon, from 18 cents to 20 cents. Another increase by 2 cents will be phased in for FY 2020. This tax change was a part of a larger reform measure. Motor Fuel 7/1/2018; 7/1/2019 $85.1 $80.3
South Carolina Increased the maximum threshold from $11 million to $12 million for refundable tax credits claimed for contributions to the Educational Credit for Exceptional Needs Children Fund. Personal Income 7/1/2018 -$1.0 -$1.0
South Carolina The General Assembly met in special session in early October and enacted income tax conformity to the IRC. The bill that passed reduced general fund income tax revenue by an estimateed $4 million in FY 2019. The bill adjusted tax brackets by 100 percent of CPI-U not to exceed 4 percent per year. Personal Income 1/1/2019 -$4 No Estimate
South Carolina Enacted a sales tax exemption on equipment and construction materials associated with the Navy Base Intermodal Facillity. Sales 7/1/2018 -$2.1 -$2.5
South Carolina Enacted a $30 application fee for a watercraft dealer demonstration number. Fee 7/1/2018 -$0.9 -$1.3
Tennessee Decoupled from provisions of the TCJA. Authorized municipalities which receive an allocation of state sales tax revenue derived from the tax imposed on the sale and use of goods, products and services within courthouse square revitalization zones to continue receiving such allocation after FY 22-23 and through FY 27-28. Personal Income Section 2 of this act shall take effect upon becoming a law and shall apply to tax periods beginning on or after Jan. 1, 2017. All other sections shall take effect upon becoming law. STATE: -$2,259,000/Each year FY23-24 through FY27-28 ;                     LOCAL:                       +$2,259,000/ach year FY23-24 through FY27-28                    Foregone - STATE - $200,000/FY17-18; $800,000/FY18-19 Foregone - STATE - $42,900,000/FY19-20; Exceeds $112,400,000/FY20-21 and Subsequent Years
Tennessee Enacts the "Competitive Wireless Broadband Investment, Deployment, and Safety Act of 2018." Authorizes a municipality, county, or the state to develop an application process, fee, and rate structure for installation of small wireless facilities on structures used for electric distribution,
lighting, traffic control, and signage. This is projected to bring in additional revenue to the state exceeding $2 million.
Fee 4/24/2018 $2.0 $2.0
Utah Reduced the corporate income tax rate because of revenue increase from federal tax reform. The rate changed from 5 percent to 4.95 percent. Corporate Income 1/1/2019 N.A. -$3.9
Utah Enacted an inflation adjustment to the motor fuel tax rate. This changed the rate from $0.294 to $0.30 per gallon. This change was a part of a larger reform measure. Motor Fuel 1/1/2019 $4.3 $15.3
Utah Mandatory single sales apportionment, lowered rate; federal tax reform increases revenue by $85 million in FY 2020. The individual income tax rate changed from 5 percent to 4.95 percent. Personal Income 1/1/2019 N.A. -$52.4
Utah Enacted a manufacturing/mining sales and use tax exemption should the U.S. Supreme court rule in favor of certain states collecting online sales tax. (est. $150 million in online sales tax revenue; the exemption is a decrease of $58 million) No change in taxpayer liability. Sales Upon the state collecting a certain amount of revenue from remote sales N.A. $92.0
Utah Adjusted earmarks and increased motor vehicle registration fees by inflation, except for electric vehicles, which see a higher fee increase. Fee 1/1/2019 N.A. $5.6
Vermont Average statewide Education Homestead property tax rate was held level at $1.50 by adding $20.4 million in additional one-time funds to Education Fund. This is set to expire July 1, 2019. This change was a part of a larger reform measure. Property 7/1/2018 N.A. N.A.
Vermont Statewide non-homestead property tax rate increased to from $1.535 to $1.58. Rate would have otherwise increased to $1.59. This change was a part of a larger reform measure. Property 7/1/2018 N.A. N.A.
Vermont Enacted a property tax relief program that allows taxpayers to pay based upon income scaled back slightly. This change was a part of a larger reform measure. Property 7/1/2018 $4.3 $7.7
Vermont Enacted a series of tax changes in response to the 2017 federal tax reform law. The state decoupled from the IRC to mitigate tax increases as a result of the Tax Cuts and Jobs Act. A new state standard deduction was created equal to $6,000 for single filers, $12,000 for married couples and $9,000 for heads of household. A state personal exemption was created equal to $4,150 per exemption. Income tax rates were lowered. Rates were lowered for the first three income tax brackets by 0.2 percent and the top two brackets collapsed into one and sets the rate at 8.75 percent. The previous rates were: 3.55 percent, 6.8 percent, 7.8 percent, 8.8 percent, and 8.95 percent. The new rates are: 3.35 percent, 6.6 percent, 7.6 percent, and 8.75 percent. The Earned Income Tax Credit was expanded from 32 percent of the federal EITC to 36 percent. A 5 percent tax credit was creiated on the value of charitable contributions up to $20,000. The state also exempted taxable Social Security benefits for single filers with less than $45,000 in AGI and married filers with less than $60,000 in AGI. It then phases out the exemption over the next $10,000 in income. Personal Income 1/1/2018 Because of the TCJA, VT was expecting to collect an additional $30 million in PIT revenues if the state did not act. These changes were enacted as a partial offset to this tax increase. Relative to our official forecast for FY 2019 (which included this additional $30 million), this package reduced personal income taxes by $29.24 million in FY 2019. Instead of additional revenue fo $30 million from TCJA, the state expects to collect only an additional $1.81 million relative to FY 2018. Relative to our official forecast for FY 2020 (which included the additional $30 million), this package reduced personal income taxes by $29.82 million in FY 2020. Instead of additional revenue of $30 million from TCJA, the state expects to collect only an additional $1.85 million relative to FY 2018.
Vermont Required beverage distributors to return unclaimed bottle deposits to the state. Revenues from this fee are dedicated to lake clean-up efforts. The change is expected to bring in an additional $1.94 million in FY 2021. Fee 1/1/2020 N.A. $1.0
Virginia Conformed to the federal Disaster Tax Relief and Airport and Airway Extension Act of 2017 and those provisions of the Tax Cuts and Jobs Act that affect the computation of federal AGI of individuals or federal taxable income of corporations for TY 2017. Personal Income 1/1/2017 -$3.3 $0.7
Virginia Enacted a provider payment rate assessment on private acute care hospitals. (medicaid expansion; coverage expansion) Based on the costs of expansion, the new rate is estimated to be 0.5 percent of net patient revenue in FY 2019 and 1.4 percent in FY 2020. Fee 1/1/2019 $80.8 $226.1
Virginia Enacted a rate enhancement on the payment rate assessment on private acute care hospitals. Based on the costs of the payment gap in Medicaid, the rate is estimated to be 1.2 percent of net patient revenue in FY 2019 and 1.9 percent in FY 2020. Fee 10/1/2018 $214.5 $349.3
Virginia Increased the title fee from $10 to $15. Fee 7/1/2018 $13.0 $13.0
Washington Provided a B&O tax exemption for funds received  by Accountable Communities of Health. This change is effective until Jan. 1, 2028. Health Care 3/15/2018 -$9.9 -$9.9
Washington Enacted a Real Estate Excise Tax exemption for certain transfers of low-income housing. This exemption is effective until July 1, 2035. Other 7/1/2018 -$1.0 N.A.
Washington Applied the oil spill response tax and oil spill administration tax to pipelines. Other 4/1/2018 $1.3 $1.3
Washington Reduced the second state property tax levy for CY 2019. The rate went from $2.70 per $1000 of assessed value to $2.40 per $1000 of assessed value. This change is only effective for CY 2019. Property 1/1/2019 -$206.2 N.A.
West Virginia Eliminated the Film Credit, which was applicable to both the personal and corporate income tax. A maximum revenue benefit of $3 to $4 million is expected by FY 2021 as a result of the termination of this credit. Preceding law allowed up to $5 million per year in Film Tax Credits, however that max was never reached. A majoirty of credit used to date was claimed against the Corporation Net Income Tax. Corporate Income 1/26/2018 Minimal increase Unknown
West Virginia Expanded the rehabilitated buildings credit. The estimated revenue loss per year of $1.6 million across both individual and corporate income taxes assumes no increase in average amount of annual qualified rehabilitation expenditures. No change in taxpayer liability. Corporate Income 10/17/2017 -$1.6 -$1.6
West Virginia Updated the meaning of federal taxable income and certain other terms used in the West Virginia Corporation Net Income Tax Act. This change does not affect rates. It updates bills conformed to federal tax reform changes in the Tax Cuts and Jobs Act of 2017. Corporate Income 2/9/2018 Revenue impact is not substantial relative to total collections for these revenue sources. Revenue impact is not substantial relative to total collections for these revenue sources.
West Virginia Extended the Acute Care Tax for three years. The rate is 0.0075 percent. No change in taxpayer liability. Health Care 7/1/2018 $30.6 $31.4
West Virginia Permitted wagering on certain professional or collegiate sport events authorized as West Virginia Lottery sports wagering activities. Total revenue anticipated upon full implementation of sports betting is $5.5 million benefitting the State Excess Lottery Fund. Other 3/9/2018 N.A. See description.
West Virginia Eliminated the Film Credit, which was applicable to both the personal and corporate income tax. A maximum revenue benefit of $3 to $4 million is expected by FY 2021 as a result of the termination of this credit. Preceding law allowed up to $5 million per year in Film Tax Credits, however that max was never reached. A majorty of credit used to date was claimed against the Corporation Net Income Tax. Personal Income 1/26/2018 Minimal increase Unknown
West Virginia Exempted military retirement income from personal income tax. Personal Income 10/17/2017 -$3.1 -$3.1
West Virginia Expanded the rehabilitated buildings credit. The estimated revenue loss per year of $1.6 million across both individual and corporate income taxes assumes no increase in average amount of annual qualified rehabilitation expenditures. Personal Income 10/17/2017 -$1.6 -$1.6
West Virginia Updated the meaning of federal AGI and certain other terms used in the West Virginia Personal Income Tax Act. This change does not affect rates. It updates bills conformed to federal tax reform changes in the Tax Cuts and Jobs Act of 2017, with the exception of the personal exemption for individual income taxes. Personal Income 2/9/2018 Revenue impact is not substantial relative to total collections for these revenue sources. Revenue impact is not substantial relative to total collections for these revenue sources.
West Virginia Restricted the sales tax exemption on durable medical equipment to home use only. This change was originally enacted in 2016, but is set to expire July 1, 2018. Changes to the taxpayer behavior and consumption prior to the expiration of the tax change may alter the estimated fiscal impact. Sales 7/1/2016 $14.0 N.A.
Wisconsin Increased supplement to the federal historic rehabilitation tax credit certification limit from $500,000 per project to $3.5 million per project. Individual and corporate filers can claim the credit. The estimated revenue impact is a combined estimate. Estimated fiscal effect phases up to -$29.4 million in 2023-2024. Corporate Income 7/1/2018 -$3.5 -$8.3
Wisconsin Increased supplement to the federal historic rehabilitation tax credit certification limit from $500,000 per project to $3.5 million per project. Individual and corporate filers can claim the credit. The estimated revenue impact is a combined estimate. Estimated fiscal effect phases up to -$29.4 million in 2023-2024. Personal Income 7/1/2018 -$3.5 -$8.3
Wisconsin Enacted legislation to adopt eight provisions of the federal Tax Cuts and Jobs Act that affect individuals and families and 20 provisions of the Act affecting businesses that are expected to impact state collections. Fiscal effects shown impact individual and corporate tax collections. Corporate Income 4/5/2018 -$23.5 $17.5
Wisconsin Enacted legislation to adopt eight provisions of the federal Tax Cuts and Jobs Act that affect individuals and families and 20 provisions of the Act affecting businesses that are expected to impact state collections. Fiscal effects shown impact individual and corporate tax collections. Personal Income 4/5/2018 -$23.5 $17.5
Wisconsin Increased the investment limit for qualified new business ventures. Individual and corporate filers can claim the angel and early stage seed investment credits equal to 25 percent of the investment amount. The fiscal effect phases down to -$2 million beginning in 2022-2023. Personal Income TY 2019 -$5.0 -$7.7
Wisconsin Created a low-income housing tax credit administered by the Wisconsin Housing and Economic Development Authority for eligible property owners that create low-income multi-family properties. Credits can be claimed by individual filers, corporate filers and insurance companies that pay the insurance premiums tax. The estimated fiscal effect is expected to decrease revenue up to $9 million beginning in 2025-26. Personal Income TY 2018 $0.0 -$0.4
Wisconsin State law automatically conformed to the following provisions: Section 179 expensing; alternative minimum tax exemption amounts; supplement to federal historic rehabilitation tax credits; and technical termination of partnerships. Fiscal effects shown impact individual and corporate tax collections. Corporate Income 12/22/2017 -$48.9 -$22.9
Wisconsin State law automatically conformed to the following provisions: Section 179 expensing; alternative minimum tax exemption amounts; supplement to federal historic rehabilitation tax credits; and technical termination of partnerships. Fiscal effects shown impact individual and corporate tax collections. Personal Income 12/22/2017 -$48.9 -$22.9
Wisconsin Enacted a sales tax holiday for clothing, computers, and school and school computer supplies. The sales tax holiday will take place from Aug. 1 to Aug. 6 in 2018. Sales 8/1/2018 -$14.0 N.A.
Wisconsin Enacted a one-time sales and use tax rebate of $100 per qualified child to individuals who file a claim with the Department of Revenue. This change ends July 2, 2018. Sales 5/15/2018 -$122.1 N.A.

2017
Juridiction Description Type Effective Date Fiscal Year 2018 Fiscal Year 2019
Alabama Enacted a credit equal to 20 percent of accrued cost of qualified irrigation equipment, and the cost of constructing a qualified reservoir (corporate and individual combined). This credit becomes effective on Jan. 1, 2018 and terminates on Dec. 31, 2022. Corporate Income 1/1/2018  N.A.  -$4.32
Alabama Enacted a Rehabilitation of Historic Structures Credit equal to the lesser amount of the tax credit reservation or 25 percent of actual qualified rehabilitation expenditures (corporate and individual income tax and sales tax combined). This credit becomes effective on Jan. 1, 2018 and terminates on Dec. 31, 2022 Corporate Income 1/1/2018  N.A.  -$20.0
Alabama Enacted a credit equal to 20 percent of accrued cost of qualified irrigation equipment, and the cost of constructing a qualified reservoir (corporate and individual combined). This credit becomes effective on Jan. 1, 2018 and terminates on Dec. 31, 2022. Personal Income 1/1/2018  N.A.  -$4.32
Alabama Enacted a Rehabilitation of Historic Structures Credit equal to the lesser amount of the tax credit reservation or 25 percent of actual qualified rehabilitation expenditures (corporate and individual income tax and sales tax combined). This credit becomes effective on Jan. 1, 2018 and terminates on Dec. 31, 2022 Sales 1/1/2018  N.A.  -$20.0
Alabama Enacted a Rehabilitation of Historic Structures Credit equal to the lesser amount of the tax credit reservation or 25 percent of actual qualified rehabilitation expenditures (corporate and individual income tax and sales tax combined). This credit becomes effective on Jan. 1, 2018 and terminates on Dec. 31, 2022 Personal Income 1/1/2018  N.A.  -$20.0
Alaska Enacted legislation to convert purchasable oil tax credits to credits against liability. Effective July 1, 2017. Other 7/1/2017 N.A.  -$10.0
Arizona Increased personal exemption amount in Tax Year 2017 by $50- $150, followed by an additional $50 -$150 increase in Tax Year 2018.  Beginning in Tax Year 2019, amount is indexed to inflation. Personal Income 1/1/2017 -$6.8  -$6.7
Arizona Authorized $10 million in angel investment tax credits over four years. Credit authorization is limited to $2.5 million per year for four years. Since credit must be claimed in equal installments over 3 years, the annual revenue impact is approximately -$0.8 million.  Over the life of the credit, the cumulative revenue impact is -$10 million. These credits become effective July 1, 2018. Personal Income 7/1/2018 -$0.8  -$0.8
Arizona Enacted legislation that allows businesses to subtract expenses incurred to comply with the federal Americans with Disabilities Act (ADA). Effective Jan. 1, 2018. Corporate Income 1/1/2018 N.A.  -$1.3
Arizona Enacted legislation that exempts aircrafts purchased to be used in a fractional ownership program from sales tax. This exemption takes effect on Jan. 1, 2018. Sales 1/1/2018 N.A.  N.A.
Arkansas Enacted the Tax Reform and Relief Act of 2017. This lowered income tax rates for Arkansas residents with an income of less than $21,000, as well as lowering the lowest rate in the middle income tax table. The lower rates take effect Jan. 1, 2019. The bill also created the Arkansas Tax Reform and Relief Task Force to examine the topic of tax reform in Arkansas in the upcoming fiscal years. Personal Income 1/1/2019 N.A.  -$25.0
Arkansas Increased the Historical Rehabilitation Tax Credit to 25 percent of total qualified rehabilitation expenses up to the first $1.6 million for projects starting on or after July 1, 2017. Personal Income 7/1/2017 -$1.0  -$1.0 
Arkansas Exempted military retirement pay and survivor benefits from taxation beginning in Tax Year 2018. Personal Income Tax Years on and After Jan. 2018 -$3.0  -$6.0 
Arkansas Provided a phase in reduction in the sales and use tax rate for manufacturers' purchases of qualifying repairs, replacements and services over 5 years, beginning July 1, 2018. Sales 7/1/2018 -$1.0  -$1.0
California Expanded the Earned Income Tax Credit to provide the credit across a broader income range and include self-employment income. Effective Jan. 1, 2017. Personal Income 1/1/2017 -$140  -$140.0
California Effective Jan. 1, 2017, the temporary state sales tax rate created by Proposition 30 of 2012 expired. Old state general fund rate under the proposition was 4.19 percent. The rate has fallen 0.25 percent to the new state general fund rate of 3.94 percent. Sales 1/1/2017 -$1600 -$1600.0
California Expanded and extended partial sales tax exemption for equipment. Effective Jan. 1, 2018. Sales 1/1/2018 -$22 -$45.0
California Increased gasoline excise tax by 12 cents per gallon. Old rate was $0.18/gallon, new rate, effective Nov. 1, 2017 is  $0.30/gallon. Motor Fuel 11/1/2017 $1252.0 -$1866.0
California Increased diesel excise tax by 20 cents per gallon and changed from a variable rate to a fixed rate. Old rate was $0.16/gallon, new rate, effective Nov. 1, 2017, is $0.36/gallon. Motor Fuel 11/1/2017 $401.0 $656.0
California Increased diesel swap sales tax by 4 percent. Old rate was 0.75 percent, new rate, effective Nov. 1, 2017, is 5.75 percent. Motor Fuel 11/1/2017 $200.0 $313.0
California Suspended Fire Prevention Fee effective July 1, 2017 until Jan. 1, 2031. Fees were assessed on rural property owners living in State Responsibility Areas, where the State of California is financially responsible for the prevention and suppression of wildfires. The fees were assessed at a rate of $152.33 per habitable structure or a reduced rate of $117.33. Fee 7/1/2017 -$80 -$80.0
California Extended Cap-and-Trade Program for greenhouse gas reduction. This requires greenhouse gas emissions to be reduced by at least 40 percent below the 1990 level by 2030. Fee 1/1/2021 N.A. N.A.
California Enacted a Transportation Improvement fee charge, which is in addition to the Motor Vehicle Registration fee and is based on the market value of the vehicle. The fee is effective Jan. 1, 2018 and ranges from $25 to $175 for vehicle owners. Fee 1/1/2018 $726.0 $1453.0
Colorado Extended existing tax credit for child care expenses that was set to repeal after 2016.  Effective date is Tax Year 2017, but may be moved out a year depending on a revenue trigger. No change in taxpayer liability. Personal Income TY 2017 -$6.1 -$6.4
Colorado Enacted favorable apportionment for certain data centers handling financial transactions. Effective July 1, 2018. Corporate Income 7/1/2018 N.A. -$2.4
Colorado Allowed for transferability of certain business tax credits for certain manufacturing firms. Effective Tax Year 2019 and set to terminate Tax Year 2029. Corporate Income TY 2019 N.A. -$5.6
Colorado Expanded state credit for business personal property tax paid to local governments. Effective Tax Year 2019. Corporate Income TY 2019 N.A. -$9.8
Colorado Exempted recreational marijuana from the 2.90 percent state sales tax. This exemption was passed in conjunction with an increase in the special sales tax on recreational marijuana. Sales 7/1/2017 -$30.1 -$33.4
Colorado Effective July 1, 2017, increased the special sales tax on recreational marijuana from 8 to 15 percent. Other 7/1/2017 $70.0 $77.6
Colorado Imposed a constitutionally required residential assessment rate decrease.  Revenue impact is to local governments in local property tax revenue (schools, cities, counties, and special districts). Effective Jan. 1, 2017, and terminates Dec. 31, 2018. Property 1/1/2017 -$440.1 -$440.1
Connecticut Established an exemption for pension and annuity income from income tax for filers with adjusted gross incomes (AGIs) of certain levels. The elimination is implemented in equal portions over seven tax years, from 2019 through 2025. Personal Income TY 2019 -$8.2 -$24.6
Connecticut Expanded the Social Security income tax exemption for applicable adjusted gross income (AGI) thresholds. The expansion is implemented in equal portions over seven tax years, from 2019 through 2026.  Personal Income TY 2019 -$7.9 -$16.3
Connecticut Delayed increasing the exemption for teachers' pension income by two years. The exemption had been scheduled to increase from 25 percent to 50 percent for 2017 and subsequent tax years. The budget instead maintains it at 25 percent for 2017 and 2018 and increases it to 50 percent beginning in 2019. No change in taxpayer liability. Personal Income TY 2017 $8.0 $8.0
Connecticut Limited eligibility for the $200 Property Tax Credit temporarily for tax years 2018 and 2019. The credit is limited to elderly and taxpayers with dependents. Personal Income TY 2018 $55.3 $55.3
Connecticut Reduced the state Earned Income Tax Credit from 30 percent to 23 percent of the federal credit. Effective Tax Year 2017. Personal Income TY 2017 $35.0 $35.0
Connecticut Allowed a phase out of the 20 percent Corporate Income Tax Surcharge on the 7.5 percent rate. Effective 2018 income year and terminates 2019 income year. Corporate Income 2018 Income Year -$22.5 -$60.0
Connecticut Retained the $5 million cap on Neighborhood Assistance Act tax credits. Repealed the schedule cap increase to $10 million. No change in taxpayer liability. Corporate Income 10/31/2017 $5.0 $5.0
Connecticut Deferred the first year a FAS 109 Corporate Income Tax Deduction can be claimed from 2018 to 2021 and extended the deduction over a thirty-year period rather than seven. No change in taxpayer liability. Corporate Income 2018 Income Year $20.3 $34.0
Connecticut Allowed film and digital media production tax credits to be claimed against the Public Services Companies Tax at a discount. It was previously able to be claimed against corporate income tax and the insurance premiums tax. Corporate Income 10/31/2017 $1.4 $3.3
Connecticut Increased the excise tax rate on cigarettes from $3.90 to $4.35 per pack and the tax rate on snuff from $1.00 per ounce to $3.00 per ounce. Effective Dec. 1, 2017. Tobacco 12/1/2017 $35.0 $50.0
Connecticut Modified the hospital provider tax by establishing a formula for calculating the tax rate on inpatient and outpatient hospital services based on the amount of tax revenue specified for the given fiscal year. Health Care 11/21/2017 $343.9 $343.9
Connecticut Ceased issuing tax credits for certain motion pictures through insurance premium taxes. Effective Oct. 31, 2017. Other 10/31/2017 $4.0 $4.0
Connecticut Made the three-tier credit cap on insurance premiums tax permanent. No change in taxpayer liability. Other 1/1/2017 $17.4 $19.0
Connecticut Reduced the insurance premium tax rate from 1.75 percent to 1.5 percent. Effective Jan. 1, 2018. Other 1/1/2018 -$11.0 -$22.4
Connecticut Repealed 10 percent Admissions Tax Exemptions for various venues. Effective Dec. 1, 2017. Other 12/1/2017 $2.0 $2.0
Connecticut Adopted federal exemption levels for Estate and Gift Tax. Effective Jan. 1, 2018. Other 1/1/2018 N.A. -$15.6
Connecticut Lowered lifetime cap from $20 million to $15 million on Gift and Estate Tax. Effective Jan. 1, 2018. Other 1/1/2018 N.A. N.A.
Connecticut Imposed a 25 cent fee on ridesharing services (e.g., Uber & Lyft) on each ride originating in Connecticut. Effective Jan. 1, 2018. Fee 1/1/2018 $3.0 $5.0
Connecticut Established a $35 fee for auto trade-ins payable by the dealer. Effective Dec. 1, 2017. Fee 12/1/2017 $2.6 $5.3
Connecticut Increased motor vehicle registration fee by $10 to support the new "Passport to Parks" fund. Effective Jan. 1, 2018. Fee 1/1/2018 $8.0 $16.0
Connecticut Increased the state fee for criminal history record checks from $50 to $75. Effective Jan. 1, 2018. Fee 1/1/2018 $1.7 $2.6
Connecticut Increase state fees to cover administrative costs per study and recommendation by Office of Policy and Management. Effective July 1, 2018. Fee 7/1/2018 N.A. $20.0
Connecticut Increased the municipal recording fee from $3 to $10 with the state General Fund retaining $4. Effective Dec. 1, 2017. Fee 12/1/2017 $1.2 $1.7
Connecticut Increased registration fee for broker-dealers and investment advisers by $25. Effective Dec. 1, 2017. Fee 12/1/2017 $5.2 $5.2
Connecticut Authorized Department of Revenue Services (DRS) "Fresh Start" Tax Collection Initiative. The initiative consists of the following activities: 1) Extensive targeted taxpayer outreach and a limited general awareness promotional campaign; 2) Transfer pricing recovery; 3) Identification of non-filers; 4) Compliance sweeps targeting unregistered and delinquent business taxpayers; 5) Sales and use tax desk audits driven by more frequent permit renewal; 6) Expanded data matching and financial institutions records matching; and 7) Tax resolution and payment under structured offers of compromise. Non-Tax 10/31/2017 $60.0 $25.0
Delaware Enacted changes to the corporate franchise tax. Increased the maximum annual franchise tax from $180,000 to $200,000 and established a new $250,000 annual tax tier for "large corporate filers," effective Jan 1., 2017. Also, increased the late filing penalty from $300 to $500, effective Aug. 1, 2017. Corporate Income 1/1/2017 $116.1 $116.1
Delaware Added vapor as a type of tobacco product and increased tobacco related taxes. The tax on cigarettes increased from $1.60 to $2.10 per pack and the tax on all tobacco products (other than vapor products, moist snuff, and cigarettes) increased from 15 percent of the wholesale price to 30 percent of the wholesale price, effective Sept. 1, 2017. This bill also imposed tax of 5 cents per fluid millimeter of vapor product, and increased the tax on moist snuff from 54 cents per ounce to 92 cents per ounce, effective Jan. 1, 2018. Finally, the bill increased the fees charged for retail tobacco product licenses, effective Sept. 1, 2017. Tobacco 09/01/17 for cigarettes and 01/01/18 for vapor products $11.9 $17.8
Delaware Increased the alcoholic beverage tax rates for beer, wine, and spirits containing more than 25 percent ethyl alcohol by volume. The rate for beer was increased by 1 cent per 12 ounce can, wine, 3 cents per 5 ounce serving, and spirits 15 cents per 750 mL bottle. Effective Sept. 1, 2017. Alcohol 9/1/2017 $5.2 $7.2
Delaware Eliminated the Estate Tax, effective Dec. 31, 2017. The estimated revenue loss is -$3.75 million in FY 2019 and -$5 million in FY 2020. Other 12/31/17 N.A. -$3.8
Delaware Increased the real estate transfer tax received by the state by 1.0 percent, effective Aug. 1, 2017. The Real Estate Transfer Tax is imposed on real estate transactions at the time of document recordings with each County Recorder of Deeds Office. Other 8/1/17 $45.6 $72.9
Delaware Implemented an across-the-board increase to the filing fees associated with the Department of Insurance filings. The increased revenue will be used to supplement the General Fund. Fee 7/1/2017 $4.6 $4.6
Florida Increased the corporate income tax credit for brownfield cleanup by $5 million per year. Corporate Income 7/1/2017 -$5.0 -$5.0
Florida Increased the corporate income tax credit for research expenses for calendar year 2018 from $9 million to $16.5 million. Corporate Income 7/1/2017 -$5.4 -$2.1
Florida Extended the corporate income tax credit for community contributions indefinitely at $14 million per year. It was originally set to expire after 2018-2019 Fiscal Year. No change in taxpayer liability. Corporate Income 7/1/2017 N.A. -$14.0
Florida Enacted a sales tax exemption for resale of admissions to tax-exempt entity. Effective Jan. 1, 2018. Sales 1/1/2018 -$1.2 -$3.1
Florida Enacted a sales tax exemption for certain animal and aquaculture health care products. Effective July 1, 2017. Sales 7/1/2017 -$2.7 -$2.7
Florida Created a back-to-school sales tax holiday for certain clothing, school supplies, and computers. Effective from Aug. 4 to Aug. 6, 2017. Sales 8/4/2017 -$33.2 N.A.
Florida Reduced the sales tax rate on rental of real property from 6 percent to 5.8 percent. Effective Feb. 1, 2018. Sales 2/1/2018 -$25.4 -$63.9
Florida Enacted a disaster preparedness sales tax holiday from June 1 through June 7, 2018. Sales 6/1/2018 -$4.5 N.A.
Florida Established a sales tax exemption for construction materials in rural areas of opportunity. Effective July 1, 2017. Sales 7/1/2017 N.A. -$6.0
Florida Established a sales tax exemption for feminine hygiene products. Effective Jan. 1, 2018. Sales 1/1/2018 -$4.8 -$11.3
Florida Established a sales tax and gross receipts tax exemption for data center property meeting certain criteria and constructed between July 1, 2017 and June 30, 2022. Sales 7/1/2017 -$0.9 -$1.4
Florida Established a property tax exemption for assisted living facilities. Effective Jan. 1, 2017. Property 1/1/2017 -$6.9 -$7.0
Florida Provided a 50 percent property tax discount for certain affordable housing properties. Effective Jan. 1, 2018. Property 1/1/2018 $0.0 -$25.8
Florida Exempted renewable energy source devices from the tangible personal property tax. Effective Jan. 1, 2018. Property 1/1/2018 $0.0 -$5.3
Florida Enacted a property tax exemption for totally and permanently disabled first responders and surviving spouses. Effective Jan. 1, 2017. Property 1/1/2017 -$2.8 -$2.8
Florida Reduced the surcharge from 1.5 percent to 1.0 percent on building permits. Effective July 1, 2017. Fee 7/1/2017 -$2.9 -$2.9
Florida Reduced or repealed building inspection fees. Effective July 1, 2017. Fee 7/1/2017 -$5.6 -$6.5
Florida Repealed various Department of Agriculture and Consumer Services fees. Effective July 1, 2017. Fee 7/1/2017 -$2.2 -$2.2
Florida Repealed the supplemental pesticide registration fee, which was $630 per brand biennially. Effective July 1, 2017. Fee 7/1/2017 -$1.9 -$1.9
Florida Accelerated corporate income tax payments. Made end-of-fiscal year payments due Friday before June 30, which falls on a weekend, rather than due the Monday after. Non-Tax 6/29/2018 $83.9 N.A.
Georgia Enacted a Historic Downtown Revitalization Tax Credit. This credit applies to any certified investors who acquire and develop property in a revitalization zone on or after Jan. 1, 2018. Additional credits are available for each new full-time equivalent job created in this district.  This credit will be terminated on Dec. 31, 2027 unless reauthorized by the legislature prior to this date. These credits can be used toward corporate or personal income tax liability. Personal Income 1/1/2018 No Estimate -$1.0
Georgia Created an nonrefundable nontransferable income tax credit for certain expenditures by a production company for live or recorded musical or theatrical performances. A qualified production company will receive a tax credit equal to 15 percent of qualified expenditures with the option of an additional 5 percent credit for qualified production expenditures occurring in designated counties. These credits are available beginning on Jan. 1, 2018 and is set to expire on Jan. 1, 2023. These credits can be used toward corporate or personal income tax liability. Personal Income 1/1/2018 -$1.1 -$5.0
Georgia Enacted the Georgia Entertainment Industry Post-production Investment Act. This act provides a 20 percent income tax credit on all qualified postproduction expenditures incurred by a post production company. An additional 10 percent credit is allowed if the qualified postproduction expenditures were incurred in the state of Georgia, and an additional 5 percent credit is allowed if these expenditures occurred in a designated county. These credits are available beginning Jan. 1, 2018 and will expire on Jan. 1, 2023. These credits can be used toward corporate or personal income tax liability. Additionally, this act modified and removed the sunset date for income tax credits for interactive entertainment companies. Personal Income 1/1/2018 -$5.1 -$14.8
Georgia Enacted an income tax credit for qualified education donations to the Public Education Innovation Fund. These credits can be used toward personal or corporate income tax liability. The credits are effective Jan. 1, 2018 to Dec. 31, 2020. Personal Income 1/1/2018 -$5.0 -$5.0
Georgia Increased the tax credits available to individuals or entities that make contributions to rural hospital organizations. This legislation also changed the program cap to a flat $60 million per tax year, rather than $50 million in FY 2017, $60 million in FY 2018, and $90 million in FY 2019. These credits can be used towards either personal or corporate income tax liability. The credits set to expire on Dec. 31, 2019. Personal Income 1/1/2017 -$5.0 $5.0
Georgia Enacted a Historic Downtown Revitalization Tax Credit. This credit applies to any certified investors who acquire and develop property in a revitalization zone on or after Jan. 1, 2018. Additional credits are available for each new full-time equivalent job created in this district.  This credit will be terminated on Dec. 31, 2027 unless reauthorized by the legislature prior to this date. These credits can be used toward corporate or personal income tax liability. Out year fiscal impacts are expected to be -$1.9 million in FY 2020. Corporate Income 1/1/2018 No Estimate -$1.0
Georgia Eliminated the corporate net worth tax on corporations with a value less than $100,000. Effective Jan. 1, 2018. Corporate Income 1/1/2018 -$1.2 -$4.3
Georgia Created an nonrefundable nontransferable income tax credit for certain expenditures by a production company for live or recorded musical or theatrical performances. A qualified production company will receive a tax credit equal to 15 percent of qualified expenditures with the option of an additional 5 percent credit for qualified production expenditures occurring in designated counties. These credits are available beginning on Jan. 1, 2018 and is set to expire on Jan. 1, 2023. These credits can be used toward corporate or personal income tax liability. Corporate Income 1/1/2018 -$1.1 -$5.0
Georgia Enacted the Georgia Entertainment Industry Post-production Investment Act. This act provides a 20 percent income tax credit on all qualified postproduction expenditures incurred by a post production company. An additional 10 percent credit is allowed if the qualified postproduction expenditures were incurred in the state of Georgia, and an additional 5 percent credit is allowed if these expenditures occurred in a designated county. These credits are available beginning Jan. 1, 2018 and will expire on Jan. 1, 2023. These credits can be used toward corporate or personal income tax liability. Additionally, this act modified and removed the sunset date for income tax credits for interactive entertainment companies. Corporate Income 1/1/2018 -$5.1 -$14.8
Georgia Enacted an income tax credit for qualified education donations to the Public Education Innovation Fund. These credits can be used toward personal or corporate income tax liability. The credits are effective Jan. 1, 2018 to Dec. 31, 2020. Corporate Income 1/1/2018 -$5.0 -$5.0
Georgia Increased the tax credits available to individuals or entities that make contributions to rural hospital organizations. This legislation also changed the program cap to a flat $60 million per tax year, rather than $50 million in FY 2017, $60 million in FY 2018, and $90 million in FY 2019. These credits can be used towards either personal or corporate income tax liability. The credits set to expire on Dec. 31, 2019. Corporate Income 1/1/2017 -$5.0 $5.0
Georgia Enacted a sales and use tax exemption on materials used to maintain concrete mixer trucks. These items are exempted from the state's 4 percent sales tax rate. Effective July 1, 2017 to July 1, 2020. Sales 7/1/2017 -$1.0 -$1.0
Georgia Enacted sales tax exemptions on building materials for the expansion of theatres containing an art museum and symphonic hall and tickets to fine arts performances. These items are exempted from the state's 4 percent sales tax rate. Effective July 1, 2017 to Jan. 1, 2019. Sales 7/1/2017 -$4.0 -$4.0
Georgia Changed the Title Ad Valorem Tax. Now taxpayers pay on total amount of payments for a leased vehicle rather than value of the leased vehicle. Effective Jan. 1, 2018. Fee 1/1/2018 -$23.3 -$55.4
Georgia Increased the commercial drivers license fee from $20 to $32. Effective July 1, 2017. Fee 7/1/2017 No estimate.  No estimate.
Georgia Increased various hunting and fishing licenses fees. Effective July 1, 2017. Fee 7/1/2017 $11.6 $11.6
Georgia Extended the hospital provider fee through June 30, 2020. Fee 7/1/2017 $310.0 $336.0
Hawaii Added three new income tax brackets for married taxpayers filing jointly with taxable income over $300,000, heads of household with taxable income over $225,000, and single individuals over $150,000. These brackets are set at 9, 10, and 11 percent. Previously the top marginal income tax rate was 8.25 percent. Personal Income 1/1/2018 N.A. $50.7
Hawaii Enacted an Earned Income Tax Credit. Effective Jan. 1, 2018 to Dec. 31, 2022. Qualifying individuals can claim a nonrefundable state earned income tax credit equal to 20 percent of the federal earned income tax credit. Personal Income 1/1/2018 N.A. -$16.7
Hawaii Made food tax credit permanent. No change in taxpayer liability. Personal Income 1/1/2018 $0.0 -$6.5
Hawaii Extended the state film tax credit until 2026. Capped the annual amount of credits that may be claimed at $35 million. Effective Jan. 1, 2018. No change in taxpayer liability. Corporate Income 1/1/2018 $0.0 -$35.0
Hawaii Enacted a general excise tax exemption for qualified affordable housing projects effective July 1, 2017 to June 30, 2022. Sales 7/1/2017 -$7.0 -$7.0
Idaho Increased the credit for applicable college savings program. Effective July 1, 2017. Personal Income 7/1/2017 -$1.1 -$1.1
Idaho Removed additional registration fees for gasoline hybrid vehicles. The old rate of $75 was eliminated effective July 1, 2017. Fee 7/1/2017 -$1.0 -$1.0
Idaho Increased various resident and nonresident hunting license fees. Effective May 1, 2017. Fee 5/1/2017 $2.0 $2.0
Idaho Increased various resident and non resident fishing license fees. Effective May 1, 2017. Fee 5/1/2017 $3.0 $3.0
Illinois Increased personal income tax rate from a flat rate of 3.75 percent to a flat rate of 4.95 percent. Effective July 1, 2017. Personal Income 7/1/2017 $4453.0 N.A.
Illinois Set income limits on certain credits and exemptions. Effective Jan. 1, 2017. Personal Income 1/1/2017 $96.0 N.A.
Illinois Increased the state's Earned Income Tax Credit (EITC). For Tax Year 2017 the EITC is increased to 14 percent of the federal EITC. Beginning on or after Jan. 1, 2018 the state's EITC is increased to 18 percent of the federal credit. Personal Income 1/1/2017 -$94.0 N.A.
Illinois Increased the K-12 Education Expense Credit for $750 per family for all qualifying families. Effective Dec. 31, 2017, this credit is not allowed if the taxpayer's adjusted gross income for the taxable year exceeds $500,000  (married filing jointly) or $250,000 for all other returns. Personal Income 12/31/2017 -$35.0 N.A.
Illinois Set income limits on the Illinois Property Tax Credit. For tax years on or after Jan 1., 2017 the property tax credit is not allowed for taxpayer's with an adjusted gross income exceeding $500,000 (married filing jointly) or $250,000 for all other returns. Personal Income TY 2017 N.A. N.A.
Illinois Increased corporate income tax rate from 5.25 percent to 7.0 percent. Effective July 1, 2017. Corporate Income 7/1/2017 $514.0 N.A.
Illinois Closed corporate tax loopholes including the Domestic Production Activities Deduction and the noncombination rule for unitary businesses. Effective on or after Dec. 31, 2017. Closed several corporate tax loopholes. Effective Dec. 31, 2017. Corporate Income 12/31/2017 $125.0 N.A.
Illinois Reinstated the Research and Development Credit. The credit is retroactive for Tax Year 2016. Corporate Income 2016 Tax Year (Retroactive) -$70.0 N.A.
Illinois Eliminated the current 20 percent exemption from sales of gasohol. Effective July 1, 2017. The exemptions for ethanol and biodiesel fuels are extended through Dec. 31, 2023. Corporate Income 7/1/2017 $100.0 N.A.
Illinois Expanded the Manufacturing and Assembling Machinery and Equipment exemption to include graphic arts machinery and equipment. Effective July 1, 2017. Sales 7/1/2017 -$10 N.A.
Indiana Increased deduction for Military Retirement and Survivor's Benefits. Effective Jan. 1, 2018. Personal Income 1/1/2018 N.A. -$2.8
Indiana Extended an existing state and local NBA All-Star Game tax exemption.  All property owned by the National Basketball Association (NBA) and its affiliates, revenue of the NBA and its affiliates, expenditures and transactions of the NBA and its affiliates in connection with a NBA All-Star Weekend, and resulting from holding the associated events in Indiana or making preparatory advance visits to Indiana in connection with a NBA All-Star Weekend are exempt from all state and local taxes. The exemption does not apply to salaries and wages paid to employees of the NBA and its affiliates that are ordinarily subject to Indiana state and local income taxation. If a NBA All-Star weekend is held in Indiana, the foregone revenue could be significant. However, this could be offset by a potentially significant increase in other tax revenue generated from the events. No change in taxpayer liability. Personal Income 7/1/2017 $0.0 $0.0
Indiana Increased the cap for School Scholarship Income Tax Credits. This credit is available for individuals or corporations who donate to scholarship granting organizations. Cap is increased to $12.5 million in Fiscal Year 2018, and to $14 million each year thereafter. The estimated fiscal impact is between -$1.2 and -$2.4 million in FY 2018 and -$3.0 and -$3.6 million in FY 2019. Effective July 1, 2018. Personal Income 7/1/2018 -$1.8 -$3.3
Indiana Removed the Dec. 31, 2020 sunset date for the Venture Capital Investment tax credit. No change in taxpayer liability. Personal Income 1/1/2018 $0.0 N.A.
Indiana Removed the Dec. 31, 2020 sunset date for the Hoosier Business Investment tax credit. No change in taxpayer liability. Personal Income 1/1/2018 $0.0 N.A.
Indiana Expanded the eligibility for the dependent exemption. Change was originally enacted in 2016. Personal Income 1/1/2018 N.A. -$4.7
Indiana Phased in rate reduction on the Individual Income Tax from 3.4 percent in Tax Year 2014 to 3.23 percent in Tax Year 2017. This change was originally enacted in 2013. Personal Income The new phased down rate is effective at the beginning of each tax year. -$272 -$289
Indiana Removed the Dec. 31, 2020 sunset date for the Hoosier Business Investment tax credit. No change in taxpayer liability. Corporate Income 1/1/2018 $0.0 N.A.
Indiana Removed the Dec. 31, 2020 sunset date for the Venture Capital Investment tax credit. No change in taxpayer liability. Corporate Income 1/1/2018 $0.0 N.A.
Indiana Extended an existing state and local NBA All-Star Game tax exemption.  All property owned by the National Basketball Association (NBA) and its affiliates, revenue of the NBA and its affiliates, expenditures and transactions of the NBA and its affiliates in connection with a NBA All-Star Weekend, and resulting from holding the associated events in Indiana or making preparatory advance visits to Indiana in connection with a NBA All-Star Weekend are exempt from all state and local taxes. The exemption does not apply to salaries and wages paid to employees of the NBA and its affiliates that are ordinarily subject to Indiana state and local income taxation. If a NBA All-Star weekend is held in Indiana, the foregone revenue could be significant. However, this could be offset by a potentially significant increase in other tax revenue generated from the events. No change in taxpayer liability. Corporate Income 7/1/2017 $0.0 N.A.
Indiana Increased the cap for School Scholarship Income Tax Credits. This credit is available for individuals or corporations who donate to scholarship granting organizations. Cap is increased to $12.5 million in Fiscal Year 2018, and to $14 million each year thereafter. The estimated fiscal impact is between -$1.2 and -$2.4 million in FY 2018 and -$3.0 and -$3.6 million in FY 2019. Effective July 1, 2018. Corporate Income 1/1/2018 N.A. N.A.
Indiana Continued to phase in the reduction of the corporate income tax from 8.5 percent in FY 2012 to 6.0 percent in FY 2018.  In the 2014 session the corporate income tax rate was further phased down from 6.5 percent in FY 2016 to 6.0 percent in FY 2018 and 5.75 percent in FY 2019. The rate will continue to phase down to  4.9 percent in FY 2022 and thereafter. The phased down rate becomes effective at the beginning of each fiscal year. Corporate Income The new phased down rate is effective at the beginning of each fiscal year. -$176 -$201
Indiana Continued to phase in the reduction of the Financial Institution Tax (FIT) from 8.5 percent in Calendar Year 2013 to 6.5 percent in CY 2017. The law also changed the distributions of the FIT revenues. In the 2014 session the FIT rate was further phased down from 6.5 percent in CY 2018, 6.25 percent in CY 2019, and 4.9 percent in CY 2023 and thereafter. The new phased down rate becomes effective at the beginning of each calendar year. Corporate Income The new phased down rate is effective at the beginning of each calendar year. -$23.0 -$24.0
Indiana Enacted a sales tax exemption for components of a drainage water management system designed to facilitate controlled water drainage on agricultural land used for crop production. The fiscal impact for this exemption ranges from -$0.1 million to -$2.4 million annually. Effective July 1, 2017. Sales 7/1/2017 -$1.25.0 -$1.25
Indiana Expanded the current sales tax exemption for prosthetic devices to include devices that are acquired without a prescription or drug order if they are fitted or dispensed by a person licensed or registered for that purpose. The fiscal impact for this change is indeterminable, but may reduce sales tax revenue by a significant amount. Effective July 1, 2017. Sales 7/1/2017 Indeterminable, but potentially significant decrease.  Indeterminable, but potentially significant decrease.
Indiana Exempted special fuels from use tax. Effective July 1, 2017. Sales 7/1/2017 -$25.0 -$27.8
Indiana Extended an existing state and local NBA All-Star Game tax exemption.  All property owned by the National Basketball Association (NBA) and its affiliates, revenue of the NBA and its affiliates, expenditures and transactions of the NBA and its affiliates in connection with a NBA All-Star Weekend, and resulting from holding the associated events in Indiana or making preparatory advance visits to Indiana in connection with a NBA All-Star Weekend are exempt from all state and local taxes. The exemption does not apply to salaries and wages paid to employees of the NBA and its affiliates that are ordinarily subject to Indiana state and local income taxation. If a NBA All-Star weekend is held in Indiana, the foregone revenue could be significant. However, this could be offset by a potentially significant increase in other tax revenue generated from the events. No change in taxpayer liability. Sales 7/1/2017 $0.0 N.A.
Indiana Extended an existing state and local NBA All-Star Game tax exemption.  All property owned by the National Basketball Association (NBA) and its affiliates, revenue of the NBA and its affiliates, expenditures and transactions of the NBA and its affiliates in connection with a NBA All-Star Weekend, and resulting from holding the associated events in Indiana or making preparatory advance visits to Indiana in connection with a NBA All-Star Weekend are exempt from all state and local taxes. The exemption does not apply to salaries and wages paid to employees of the NBA and its affiliates that are ordinarily subject to Indiana state and local income taxation. If a NBA All-Star weekend is held in Indiana, the foregone revenue could be significant. However, this could be offset by a potentially significant increase in other tax revenue generated from the events. No change in taxpayer liability. Alcohol 7/1/2017 $0.0 N.A.
Indiana Increased Gasoline Tax by $0.10/gallon from $0.18/gallon to $0.28/per gallon and provided for an annual adjustment for inflation. Effective July 1, 2017. Motor Fuel 7/1/2017 $310.0 $336.0
Indiana Increased Special Fuels Tax by $0.10/gallon from $0.16/gallon to $0.26/per gallon and provided for an annual adjustment for inflation. Effective July 1, 2017. Motor Fuel 7/1/2017 $119.0 $132.0
Indiana Increased Motor Carrier Surcharge Tax by $0.10/gallon from $0.11/gallon to $0.21/per gallon and provided for an annual adjustment for inflation. Effective July 1, 2017. Motor Fuel 7/1/2017 $112.0 $120.0
Indiana Extended an existing state and local NBA All-Star Game tax exemption.  All property owned by the National Basketball Association (NBA) and its affiliates, revenue of the NBA and its affiliates, expenditures and transactions of the NBA and its affiliates in connection with a NBA All-Star Weekend, and resulting from holding the associated events in Indiana or making preparatory advance visits to Indiana in connection with a NBA All-Star Weekend are exempt from all state and local taxes. The exemption does not apply to salaries and wages paid to employees of the NBA and its affiliates that are ordinarily subject to Indiana state and local income taxation. If a NBA All-Star weekend is held in Indiana, the foregone revenue could be significant. However, this could be offset by a potentially significant increase in other tax revenue generated from the events. No change in taxpayer liability. Other 7/1/2017 $0.0 N.A.
Indiana Changed the effective date from July 1, 2017, to July 1, 2018, of a provision that will require a travel facilitator to collect sales tax and make the rental of rooms in a house, condominium, or apartment for less than 30 days subject to sales tax. Non-Tax 4/28/2017 Indeterminable, but potentially significant decrease. N.A.
Indiana Enacted a $15 Transportation Improvement Fee that is assessed on all passenger vehicles. Effective Jan. 1, 2018. Fee 1/1/2018 $43.0 $85.0
Indiana Increased fee for International Registration Plan by 25 percent. Effective July 1, 2017. Fee 7/1/2017 $22.0 $22.0
Indiana Enacted a supplemental registration fee for electric and hybrid vehicles. The fee is assessed at $150 for electric vehicles and $50 for hybrid vehicles. Effective Jan. 1, 2018. Fee 1/1/2018 $3.6 $8.1
Indiana Exempted trailers from registration fees. Old fee was assessed at $8.75/trailer. Effective July 1, 2017. Fee 7/1/2017 -$0.5 -$0.5
Indiana Increased fee for automated record keeping from $5 to $20. Effective July 1, 2017. Fee 7/1/2017 $6.8 $6.8
Iowa Enacted legislation subjecting online e-cigarette sales to the state sales tax rate of 6.0 percent. Effective July 1, 2017. Sales 7/1/2017 $1.0 $1.1
Iowa Modified unsecured appearance bond fee, fine, and surcharge. Provides that an unsecured appearance bond for State or local traffic violations, and for scheduled violations under Iowa Code sections 805.8A, 805.8B, and 805.8C, shall equal 1.5 times the minimum fine and applicable surcharge, plus court costs. Fee 7/1/2017 $3.0 $3.0
Kansas Enacted personal income tax reform expected to increase general fund revenue by $591 million in FY 2018 and $633 million in FY 2019. This bill repeals the exemption for non-wage business income, restores the third income tax bracket, and increases the rates of each bracket to  2.9, 4.9, and 5.2 percent, respectively. Previous law provided for two brackets at 2.7 percent and 4.6 percent. $270.1 million of the revenue increase in FY 2018 is attributable to the repeal of the non-wage personal income tax exemption, and $320.9 percent of the revenue increase in FY 2018 is attributable to the restoration of the third income tax bracket and rate increase. Personal Income Tax Year 2017 $591.0 $633.0
Kansas Expanded the Tax Credit for Low Income Students Scholarship Program. Effective July 1, 2018. Personal Income 7/1/2018 -$9.0 -$9.0
Kansas Delayed the effective date and reduced the rate of tax on electronic cigarettes. Under previous law, a tax rate of $.0.20 per milliliter of consumable material in electronic cigarettes was imposed as of Jan. 1, 2017. This effective date was delayed to July 1, 2017 and the rate was reduced to $0.05 per milliliter. Tobacco 7/1/2017 -$1.6 -$1.5
Kansas Reduced insurance premiums taxes as a result of a change in law providing that a privilege fee on HMOs will no longer be deposited in the State General Fund. Effective July 1, 2018. Other 7/1/2018 N.A. -$72.5
Kansas Decelerated the sales tax remittance schedule for a number of retailers. Effective Jan. 1, 2018. Non-Tax 1/1/2018 -$2.7 N.A.
Kentucky Enacted sales and use tax credit for the purchase of aircraft fuel. Tax credit is equal to the amount of sales tax due exceeding $1 million each fiscal year. Applies to persons who contract with one or more certificated air carriers for the transportation by of persons, property, or mail by air. Effective July 29, 2017. Sales 7/29/2017 -$3.0 -$3.0
Louisiana Eliminated the nonrefundable per-child tax credit for K-12 educational expenses. The credit is currently $18 per child, but scheduled to return to $25 per child on July 1, 2018. Elimination effective for the 2017 tax year. Personal Income TY 2017 $9.2 $12.8
Louisiana Modified the alternative fuel vehicle conversion tax credit. Lowers the credit rate to 30 percent (currently 36 percent, then 50 percent in FY 2019). This change makes the credit nonrefundable, and limits the applicability of the credit with regard to fueling equipment. Effective Jan. 1, 2018 Personal Income 1/1/2018 $0.6 $1.6
Louisiana Provided an exclusion from the gross income of an -out-of-state individual or business for the income earned while in the state providing defined disaster response or emergency related services. Applicable to tax periods beginning in 2018. Personal Income TY 2018 N.A.  Decrease.
Louisiana Modified the tax credits available for contributions to student tuition organizations that fund private school tuition costs for participating students. The credit is nonrefundable (From a rebate), and made available only to contributors that file a state income tax return. Effective for contributions made from Jan. 1, 2018 Personal Income 1/1/2018 N.A.  Increase.
Louisiana Enacted legislation that provides for the payment of tax credits that had been denied to taxpayers claiming credit for solar energy systems as a result of aggregate credit caps in place when they filed their tax returns. Credits are due to be paid in three equal installments beginning in FY 2018. Personal Income FY 2018 -$5.0 -$5.0
Louisiana Modified the existing tax credit available to physicians and dentists who are currently located in certain under-served areas of the state (up to $3,600 currently, up to $5,000 after July 1, 2018). Changes the definition of under-served areas and allows eligibility for nurse practitioners. Total program is capped at $1.5 million per year, and terminated after December 31, 2020. Effective Jan. 1, 2018. Personal Income 1/1/2018 N.A. -$1.0
Louisiana Revised the film tax credit program. Credit claims are continued at a maximum of $180 million per year indefinitely, although under-realizations in one year can increase the cap in the following year. Credit issuances are capped at $150 million per year. Direct buyback of credits is increased to 90 percent of face value (from 85 percent), and full face value of buyback credits is to be charged against the claims payment cap. Effective for applications made from July 1, 2017. No new credits can be issued from July 1, 2025. Corporate Income 7/1/2017 Stabilize costs. No estimate.  Stabilize costs. No estimate.
Louisiana Revised the musical and theatrical production tax credit program. Credit issuances are capped at $10 million per year, although under-issuance in one year can increase the issuance cap in the following year. No new credits can be issued from July 1, 2025. Corporate Income 7/1/2017 Stabilize costs. No estimate.  Stabilize costs. No estimate.
Louisiana Extended participant entry into the Enterprise Zone program by four years from July 1, 2017 to July 1, 2021. Net receipts will be lower than they would otherwise be as program participation continues. No change in taxpayer liability. Corporate Income 7/1/2017 Decrease  Decrease
Louisiana Terminated participant entry into the corporate tax apportionment program, the angel investor tax credit, the urban revitalization tax credit program, and accelerates the repeal of the Motion Picture Incentive Act, on either July 2017 or July 1, 2021. Corporate Income Various effective dates N.A  Increase.
Louisiana Prohibited new participant entry to a number of incentive/subsidy programs ranging from July 1, 2017 to July 1, 2022. Also makes extensive changes to the Quality Jobs Program (QJP) of payroll subsidy. Most of the net revenue gain from the bill comes from changes to QJP that constrain participation in the program. The program is expected to produce a revenue loss of $10.4 million in FY 2020. Corporate Income 7/1/2017 N.A N.A
Louisiana Expanded participation and extended to Jan. 1, 2021 to sound recording tax credit program. Existing program credit cap of $2.16 million per year is maintained. Participation has never approached cap, but with this bill's expansion of eligible potential participants, credits above historical norm are possible, increasing state fiscal exposure above utilization of the current credit. Effective July 1, 2017. Corporate Income 8/1/2017 N.A -$2.0
Louisiana Extended the Tax Free Shopping Program for foreign tourist sales tax exemption, for six more years until July 1, 2023. No change in taxpayer liability. Sales 6/22/2017 -$1.2 -$1.2
Louisiana Expanded the type of construction contracts that are afforded protection from sales tax increases during the contract period. Substantial exposure to revenue loss is possible. Applicable to any additional sales taxes enacted on or after July 1, 2017. Sales 7/1/2017 Decrease  Decrease
Louisiana Enacted legislation that created the Louisiana Uniform Local Sales Tax Board and provisions. Dedicated up to 1 percent of state sales tax receipts from remote sellers should federal law be passed that required remote sellers to collect and remit state and local sales tax. This tax change is contingent upon federal law. Sales 6/16/2017 Decrease  Decrease
Louisiana Re-established a severance tax reduction for wells inactive for at least two years or orphaned for at least five years. Inactive receive a 50 percent tax rate reduction for ten years, orphans a 75 percent reduction for ten years. Well participation certifications can be delayed in any fiscal years if severance tax receipts from these wells exceeds $15 million, and certifications must be made by June 30, 2023. Effective July 1, 2018. Other 7/1/2018 N.A N.A
Louisiana Lowered the current Telecommunications Tax for the Deaf to 4.5 cents per line per month (from 5 cents), and expands the applicable base to include wireless services. Effective Oct. 1, 2017. Other 10/1/2017 $3.5 $4.7
Louisiana Expanded the property eligible for the inventory tax credit reimbursement for local ad valorem taxes paid to include rental equipment used in the construction, mining, and forestry industries, as well as general rental centers. This tax change is retroactively applicable to tax periods beginning in 2016. Property TY 2016 Decrease.  Decrease.
Louisiana Altered various license fees, fees for background checks, inspection fees, bed fees, and office of motor vehicle fees. Fee   $1.0 $0.9
Maine Citizens approved Question 2 on the on the November 2016 citizens' initiative, which enacted a 3 percent surcharge on taxable income exceeding $200,000 per year beginning with tax years on or after Jan. 1, 2017. Revenue from this tax is earmarked to a fund established for the purpose of improving the ability of the state to reach the annual target of 55 percent for the state share of funding K-12 public education. Personal Income TY 2017 $70.9 -$2.2
Maine The Maine Legislature repealed the 3 percent surcharge on taxable income exceeding $200,000 per year during the 2017 legislative session. This surcharge was enacted after the approval of Question 2 on the November 2016 citizens' initiatives. Personal Income TY 2017 -$100.1 $2.5
Maine Question 1 approved on the November 2016 citizen's ballot initiative legalized the possession and use of marijuana by a person 21 years of age or older. This bill places a 10 percent sales tax on sales of retail marijuana and retail marijuana products. Effective Feb. 1, 2018. Sales 2/1/2018 $2.3 $10.5
Maine Increased various driver exam fees. Old rates ranged between $5-30, new rates range between $20-70. Effective Jan. 1, 2018. Fee 1/1/2018 $0.9 $1.7
Maryland Enacted a nonrefundable credit equal to 50 percent of qualified expenses, or up to $5,000, to renovate an existing home with accessibility and universal visitability features to assist individuals with disabilities. Effective July 1, 2017. Revenue reduction is expected to be $1 million annual beginning in FY 2020. Personal Income 7/1/2017 N.A. N.A.
Maryland Extended the employer security clearance costs tax credit through December 31, 2021. Effective July 1, 2017. No change in taxpayer liability. Personal Income 7/1/2017 N.A. -$1.9
Maryland Expanded the research and development tax credit. Increased the aggregate amount of credits that may be approved annually from $9 million to $12 million. The incentive can be credited against personal or corporate income tax. Effective July 1, 2017. Personal Income 7/1/2017 -$2.4 -$2.6
Maryland Exempted up to $15,000 of certain retirement income from personal income tax. Individual qualifies if the individual is at least 55 years old and the retirement income is attributable to employment as a law enforcement officer or as fire, rescue, or emergency services personnel. Effective July 1, 2017. Personal Income 7/1/2017 -$3.7 -$3.8
Maryland Reestablished the exemption for qualified mortgage debt relief up to $100,000 ($200,000 if married filing jointly). The exemption is effective from July 1, 2017 to July 1, 2019. Personal Income 7/1/2017 N.A. N.A.
Maryland Extended the employer security clearance costs tax credit through December 31, 2021. Effective July 1, 2017. No change in taxpayer liability. Corporate Income 7/1/2017 N.A. -$1.9
Maryland Expanded the research and development tax credit. Increased the aggregate amount of credits that may be approved annually from $9 million to $12 million. The incentive can be credited against personal or corporate income tax. Effective July 1, 2017. Corporate Income 7/1/2017 -$2.4 -$2.6
Maryland Enhanced expensing and bonus depreciation for all manufacturers for property placed into service on or after Jan. 1, 2019 by conforming state law to the maximum aggregate costs of expensing allowed under Section 179 of the Internal Revenue Code (IRC) and to claim any bonus depreciation amounts provided under Section 168(k) of the IRC. Out-year revenue losses due to IRC conformity equal $30.9 million in FY 2020, $6.8 million in FY 2021, and $4.5 million in FY 2022. Corporate Income 6/1/2017 N.A. N.A.
Maryland Enacted a refundable credit for qualifying new manufacturing business in certain counties or existing manufacturers in certain counties who create the required number of qualified positions at eligible manufacturing facilities. Credit for up to 10 years is equal to the total wages paid for qualified positions multiplied by 5.75 percent. The total amount of credits issued each fiscal year generally cannot exceed $9 million. Effective for Tax Year 2018. Corporate Income Beginning Tax Year 2018 N.A. -$9.0
Maryland Enacted an exemption for the first $40 of the taxable price of any backpack or bookbag purchased during the annual tax-free period for back-to-school shopping. Fiscal impact is indeterminate but under one set of assumptions, revenue decrease is estimated to exceed $1 million annually. Effective July 1, 2017. Sales 7/1/2017 -$1.0 -$1.0
Maryland Authorized a refund for purchases of personal property and/or services for use at a manufacturing facility by qualifying manufacturers made on or after Jan. 1, 2018 . Total amount of refunds issued in each fiscal year generally cannot exceed $1.0 million. Sales 1/1/2018 N.A. -$1.0
Maryland Provided for a refund of motor fuel taxes paid for use by a vehicle that is used only to transport the public via demand response trips. Effective Oct. 1, 2017. Motor Fuel 10/1/2017 -$0.8 -$1.1
Maryland Enacted an exemption for 100 percent of the tax imposed on real property owned by a qualifying business at a qualifying manufacturing facility beginning in FY 2018. Revenue decrease estimated to equal $1 million by FY 2022. Other 6/1/2017 N.A. -$0.4
Maryland Extended the qualified plug-in electric vehicle excise tax credit through FY 2020. Termination date is now July 1, 2020. The change also increased the annual amount of incentives available in each fiscal year, but incentive value generally decreased and eligibility requirements were altered. Other 7/1/2017 -$3.0 -$3.0
Maryland Extended the current fee of $0.08/barrel assessed on oil transferred into the state until July 1, 2019. Beginning July 1, 2019 the fee is assessed at $0.05/barrel. These fees are used to fund the Maryland Oil Disaster Containment, Clean-Up and Contingency Fund and Oil Contaminated Site Environmental Cleanup Fund. No change in taxpayer liability. Fee 7/1/2017 $2.0 $2.6
Massachusetts Enacted an Earned Income Tax Credit (EITC) exclusion for out-of-state residents. These are persons who are nonresidents for the entirety of the taxable year. Part EITC Out-of-State Resident Exclusion. With respect to a person who is a nonresident for part of the taxable year, the credit shall be limited to 23 percent of the federal credit, multiplied by the fraction of the year which the person resided in Massachusetts. Personal Income 7/1/2017 $10.0 N.A.
Massachusetts Updated 1099-K reporting. Tax now applies to individuals who earn more than $600 from credit or debit card transactions annually. Previously relevant to those making at least $20,000 from 200 or more transactions annually. Effective July 1, 2017. Personal Income 7/1/2017 $20.0 N.A.
Massachusetts Enacted a Veterans Hire Tax Credit. This credit allows entities that hire veterans to a tax credit equal to $2,000 for each qualified veteran hired. Effective July 1, 2017. Corporate Income 7/1/2017 -$1.0  -$1.0
Massachusetts Placed a cap on the Life Science Tax Incentive. Effective July 1, 2017. Corporate Income 7/1/2017 $5.0  N.A.
Massachusetts Enacted regulations for accelerated third party sales tax remittance. The previous collection schedule was at the end of month, the new collection schedule is to be determined by the department of revenue. Effective Jan. 1, 2018. Non-Tax 1/1/2018 $125.0 -$125.0
Michigan Enacted a transformational brownfield tax capture. Wages paid to individuals who are physically present and working on the construction, renovation, or other improvement of eligible property as part of an eligible activity within a transformational brownfield. The fiscal impact is unknown. When combined with the value of sales and use tax exemptions, the program is capped at a  total of $200 million over all years. Personal Income 7/28/2017 Unknown.  Unknown.
Michigan Enacted a transformational brownfield tax capture. This resulted in a base change equivalent to 50% of the incremental increase in income tax revenue from individuals domiciled within eligible property subject to a transformational brownfield plan. The fiscal impact of this is unknown. It is capped at 20 years after captures begin, which can be up to five years after the property is approved for inclusion in transformational brownfield plan, and combined with the incremental withholding tax captures provisions, it may not exceed $40 million per year, or $800 million over all years. Personal Income 7/28/2017 Unknown.  Unknown.
Michigan Enacted a transformational brownfield tax capture. This resulted in a base change of 50 percent of the incremental increase in income tax revenue withholding from individuals employed within eligible property subject to a transformational brownfield plan. The fiscal impact is unknown. It is capped at 20 years after captures begin, which
can be up to 5 years after the property is approved for inclusion in transformational brownfield plan, and combined with the incremental income tax capture provisions, it may not exceed $40 million per year, or $800 million over all years.
Personal Income 7/28/2017 Unknown.  Unknown.
Michigan Enacted a transformational brownfield tax capture. Tax capture attributable to certified new jobs at an eligible business. Income tax withholding attributable to certified new jobs. Personal Income 8/25/2017 Unknown.  Unknown.
Michigan Enacted a transformational brownfield capture. Sales of tangible personal property for use in an eligible activity on eligible property within a transformational brownfield. The fiscal impact is unknown. When combined with the construction period income tax capture, it is capped at a total of $200 million over all years. Sales 7/28/2017 Unknown.  Unknown.
Minnesota Federal Conformity - Exclusion for individuals related to charity, transfer up to $100,000 from a traditional IRA or Roth IRA directly to a qualified charity is allowed for individuals age 70 1/2 years. Personal Income Tax Year 2015 -$3.8 -$4.0
Minnesota Conformed to the federal tax code's Educator Classroom Expense Deduction up to $250. Personal Income Tax Year 2015 -$1.5 -$1.6
Minnesota Federal Conformity - Section 179 Expensing, 80 percent addback and 5-year recovery. Personal Income Tax Year 2015 $9.1 $6.5
Minnesota Federal Conformity - 50% Bonus Depreciation for TY 2015 to TY 2017 and 40 percent from TY 2018 and 30 percent for TY 2019 using the 80 percent addback and 5- year recovery method. Personal Income Tax Year 2015 $7.2 $3.5
Minnesota Federal Conformity - 15 year straight line depreciation for leasehold, restaurant and retail improvements and new restaurants. Personal Income Tax Year 2015 -$0.9 -$1.2
Minnesota Federal Conformity - Increased phase-out for married joint filers claiming the MN Working Family credit to match the increased phase-out for married joint filers for the federal earned income tax credit. Personal Income Tax Year 2018 N.A. -$7.1
Minnesota Federal Conformity - Treatment of partnerships interests created by gifts. Personal Income Tax Year 2016 $1.8 $1.6
Minnesota Provided a subtraction for Social Security benefits. The subtraction ranges from $2,250 to $4,500 depending on filing status and income. Effective Tax Year 2017. Personal Income Tax Year 2017 -$57 -$60.2
Minnesota Provided a subtraction for Section 529 Plans. A single taxpayer may subtract up to $1,500, $3,000 for married joint filers, of contributions to any state section 529 college savings plan or prepaid tuition plan. Effective Tax Year 2017. Personal Income Tax Year 2017 -$2.5 -$2.6
Minnesota Enacted a nonrefundable Section 529 Plan Tax Credit for contribution to a college savings account established under section 529 of the IRC. The credit equals 50 percent of contributions, up to a maximum of $500. Effective Tax Year 2017. Personal Income Tax Year 2017 -$7.5 -$7.8
Minnesota Created a nonrefundable Student Loan Tax Credit for residents who make payments on their own postsecondary education loans. Effective Tax Year 2017. Personal Income Tax Year 2017 -$26.9 -$27.8
Minnesota Enacted a nonrefundable Beginning Farmer Tax Credit. Effective Tax Year 2018 and expires after Tax Year 2023. Personal Income Tax Year 2018 N.A. -$5.0
Minnesota Created a refundable tax credit for taxes paid to Wisconsin. Effective beginning Tax Year 2017 and expires if an  income tax reciprocity agreement is in effect. Personal Income Tax Year 2017 -$8.2 -$5.8
Minnesota Modified the refundable Working Family Credit to allow on reservation earnings of enrolled members of an American Indian Tribe to apply. Effective Tax Year 2017. Personal Income Tax Year 2017 -$1.6 -$1.6
Minnesota Modified the refundable Child and Dependent Care Credit to allow start of phase-out to mirror federal child and dependent care credit. ($50,000 FAGI) Personal Income Tax Year 2017 -$16.9 -$18.9
Minnesota Federal Conformity - Section 179 Expensing, 80 percent addback and 5-year recovery. Effective Tax Year 2015. Corporate Income Tax Year 2015 $3.4 $2.5
Minnesota Federal Conformity - 50% Bonus Depreciation for TY 2015 to TY 2017 and 40 percent from TY 2018 and 30 percent for TY 2019 using the 80 percent addback and 5- year recovery method. Effective Tax Year 2015 and expires after Tax Year 2019. Corporate Income Tax Year 2015 $15.2 $7.3
Minnesota Federal Conformity - 15 year straight line depreciation for leasehold, restaurant and retail improvements and new restaurants. Effective Tax Year 2015. Corporate Income Tax Year 2015 -$1.65 -$2.4
Minnesota Federal Conformity - Reduction in Recognition period for S corporation built in gains. Effective Tax Year 2015. Corporate Income Tax Year 2015 -$1.2 -$0.8
Minnesota Federal Conformity - Exception Under Subpart F for active financing income. Effective Tax Year 2015. Corporate Income Tax Year 2015 -$4.3 -$4.4
Minnesota Modified the Research and Development Credit. The second tier rate increased to 4 percent. Effective Tax Year 2017. Corporate Income Tax Year 2017 -$10.6 -$8.4
Minnesota Modified the definition of "financial institutions" to include non-corporate entities. Effective Tax Year 2017. Corporate Income Tax Year 2017 $5.0 $5.0
Minnesota Modified the definition of the term "insurance company." Effective Tax Year 2017. Corporate Income Tax Year 2017 $2.0 $2.0
Minnesota Modified the treatment of gain on certain installment sales of an interest in a Minnesota pass-through entity to be recognized on an accelerated basis. Effective Tax Year 2017. Corporate Income Tax Year 2017 $1.1 $2.2
Minnesota Modified an exemption for qualified businesses in Greater MN by providing for a refund. Effective July 1, 2017. Sales 7/1/2017 -$5.0 -$5.0
Minnesota Expanded exemption for telecommunication or pay television services machinery and equipment to include fiber and conduit. Effective July 1, 2017. Sales 7/1/2017 -$3.2 -$3.7
Minnesota Expanded the exemption for Super Bowl admission to include parking and related events sponsored by the NFL, affiliates, or the Minnesota Super Bowl Host Committee. Effective July 1, 2017 and expires after March 1, 2018. Sales 7/1/2017 -$1.0 N.A.
Minnesota Created an exemption on suite licenses and stadium builder licenses. Effective July 1, 2017. Sales 7/1/2017 -$3.3 -$3.4
Minnesota Enacted an exemption on certain special fuels. Effective July 1, 2017. Sales 7/1/2017 -$2.4 -$2.8
Minnesota Created an exemption on nontaxable food and beverages sold through vending machines. Effective July 1, 2017. Sales 7/1/2017 -$1.8 -$2.0
Minnesota Modified the exemption for "building materials and supplies used in certain capital projects" to include St. Paul Soccer Stadium and infrastructure. Effective July 1, 2017 and expires Dec. 31, 2017. Sales 7/1/2017 -$1.3 $0.9
Minnesota Modified the exemption for "building materials and supplies used in certain capital projects" by refund for construction materials for the City of Plymouth. This change is retroactive to Jan. 1, 2013. Sales Retroactive 1/1/2013 -$1.75 -$0.8
Minnesota Modified the definition of real property and tangible personal property for determining when sales and use tax is due. Effective May 30, 2017. Sales 5/30/2017 -$7.1 -$7.3
Minnesota Repealed annual indexing on cigarette tax rates. Effective July 1, 2017. Tobacco 7/1/2017 -$1.8 -$7.2
Minnesota Repealed annual indexing on moist snuff tax rates. Effective July 1, 2017. Tobacco 7/1/2017 -$0.3 -$1.2
Minnesota Reduced tax rates on premium cigars. Effective July 1, 2017. Tobacco 7/1/2017 -$1.6 -$1.7
Minnesota Exempted supplemental or enhanced medical assistance payments made through authorized intergovernmental transfers from the health care provider tax. Effective for gross revenues received on or after July 1, 2016 and terminates June 30, 2020. Health Care 7/1/2016 -$4.0 -$2.1
Minnesota Exempted the first $100,000 on commercial/industrial market value, plus removed the inflator, on the statewide general property tax levy. Effective for payments in tax year 2018. Other Taxes Payable in 2018 -$30.3 -$65.21
Minnesota Enacted a School Building Bond Agricultural Credit equal to 40 percent of the tax on the property attributable to school district bonded debt levies. Effective beginning with taxes payable in 2018. Other Taxes Payable in 2018 N.A. -$35.5
Minnesota Modified the Estate Tax exclusion by increasing it to $3 million with a four-year phase-in. Effective Jan. 1, 2017. Other 1/1/2017 -$15.2 -$19.2
Minnesota Lowered the Civil Court Filing Fee from $310 to $285. Effective July 1, 2017. Fee 7/1/2017 -$2.1 -$2.8
Minnesota Increased the annual and daily state park entrance pass fees. Annual fees increased from $25 to $35 and daily fees increased from $5 to $7. Effective July 1, 2017. Fee 7/1/2017 $2.3 $2.8
Minnesota Increased the snowmobile registration fee from $75 to $105 for a three year pass. Effective July 1, 2017. Fee 7/1/2017 $2.0 $2.0
Minnesota Increased fishing and hunting license fees. Annual fishing license fees increased from $22 to $25. Hunting license fee rates increased by about 13 percent. Effective July 1, 2017. Fee 7/1/2017 $4.2 $8.0
Minnesota Reduced various construction code fees. Effective July 1, 2017. Fee 7/1/2017 -$2.6 -$2.6
Minnesota Established a securities registration fee for investment advisors and increased the securities registration fee for broker dealers. Investment advisor securities registration fee is $50 and increased the fee from $50 to $65 for broker dealers. Effective July 1, 2017. Fee 7/1/2017 $2.7 $2.7
Mississippi Created a new income tax deduction for contributions made to the  Mississippi Achieving a Better Life Experience (ABLE) accounts. The program was established for the purpose of encouraging saving private funds to pay for expenses of eligible individuals with disabilities. Effective Mar. 20, 2017. Personal Income 3/20/2017 Unable to determine fiscal impact.  Unable to determine fiscal impact.
Mississippi Enacted a sales tax exemption for frac sand producers when building a new facility, and an ongoing exemption for utilities used in operations. Effective July 1, 2017. Sales 7/1/2017  Unable to determine fiscal impact.  Unable to determine fiscal impact.
Mississippi Enacted an 8 percent tax on fantasy sports operator's net Mississippi revenue. Effective July 1, 2017. Other 7/1/2017  Unable to determine fiscal impact.  Unable to determine fiscal impact.
Missouri Enacted legislation that authorizes an income tax deduction for 50 percent of the net capital gain from the sale or exchange of employer securities of a Missouri corporation to a qualified Missouri employee stock ownership plan (ESOP). This deduction will expire on Dec. 31, 2022. Personal Income 1/1/2017 -$10.3 N.A.
Missouri As of Jan. 1, 2017 the maximum individual income tax rate is lowered from 6.0 percent to 5.9 percent. This is a result of legislation passed in 2014 that reduced the maximum individual income tax rate from 6.0 to 5.5 percent, in a series of incremental 0.1 percent steps. The estimated fiscal impact to the state when the rate reduction is fully phased in on Jan. 1, 2023, is -$621 million. Personal Income 1/1/2017 -$80.0 -$80.0
Montana Increased fuel tax and revised highway funding laws. Increased gasoline tax by 4.5 cents per gallon from 27 to 31.5 cents in FY 2018 and 2019. Gasoline tax increase is scheduled to phase in up to 33 cents per gallon in 2023 and thereafter. Increased the special fuels tax by 1.5 cents per gallon from 27.75 to 29.25 cents per gallon in FY 2018 and 2019. Special fuels tax increase is expected to phase in up to 29.75 cents per gallon by Fee 2023 and thereafter. Proceeds from the gas tax increase will be deposited in a newly established  bridge and road safety and accountability restricted account. Effective July 1, 2017. Motor Fuel 7/1/2017 $28.2 $28.2
Montana Increased nursing home bed tax to increase nursing home reimbursement rates. Bed tax increased from $8.30 per bed per day to $11.30 per bed/day in FY 2018 and $15.30 per bed/day in FY 2019 and thereafter. This becomes effective on July 1, 2017. Health Care 7/1/2017 $4.5 $10.5
Montana Enacted various fees and assessments. Effective July 1,  2017 Fee 7/1/2017 $8.5 $8.4
Montana Clarified funding sources for the highway patrol and increased certain vehicle registration fees.  Effective July 1, 2017. Fee 7/1/2017 $5.2 $5.2
Montana Generally revised medical marijuana laws. Required providers of marijuana and marijuana-infused products to obtain a nursery license. Created a license fee for medical marijuana dispensaries in the state with revenue from the fee being deposited into the state's medical marijuana special revenue account. Effective July 1, 2017. Fee 7/1/2017 $1.2 $1.2
Montana Revised laws related to aquatic invasive species. Established the aquatic invasive species prevention pass. In order to be eligible to fish in Montana or apply for a fishing license a person must first obtain an annual aquatic species prevention pass for a fee of $2 for residents and $15 for nonresidents. Additionally established an invasive species fee for hydroelectric facilities and hydroelectric-dependent utilities. Revenues from these fees will be deposited in the Invasive Species account in the state special revenue fund. This fee becomes effective on July 1, 2017. Fee 7/1/2017 $7.1 $7.1
Montana Established fees providing for a new driver's license or identification card to comply with the federal Real ID Act of 2005. Effective July 1, 2017. Fee 7/1/2017 $3.0 $7.0
Montana Established the Montana Pulse Crop Committee and provided for a pulse crop assessment. Effective July 1, 2017. Fee 7/1/2017 $2.9 $2.9
Nevada Authorized $10 million per fiscal year in tax credits for qualifying film projects in the state.  Any portion of the $10 million not approved in a fiscal year may be carried forward to future fiscal years. Tax credits can be used by the recipient or transferred to taxpayer, but tax credits can only be declared and used against the Modified Business Tax, Gaming Percentage Fee Tax, or Insurance Premium Tax. Effective July 1, 2017. Corporate Income 7/1/2017 -$10.0 -$10.0
Nevada Authorized an additional $20 million in tax credits against the Modified Business Tax (MBT) awarded on a dollar for dollar basis for a donation made by an MBT taxpayer to a qualified tuition scholarship organization under the Nevada Educational Choice Scholarship Program.  The $20 million in FY 2018 is in addition to the $6.05 million for FY 2018 and $6.655 million for FY 2019 for this program from 2015 session legislation. Effective July 1, 2017. Corporate Income 7/1/2017 -$20.0 N.A.
Nevada Established a 15 percent wholesale excise tax on medical marijuana sold by cultivation facilities. This replaced the 2 percent wholesale/retail excise tax on medical marijuana sold by cultivation, production, and dispensaries. This was done to align with the 15 percent wholesale excise tax on recreational marijuana sold by cultivation facilities. This tax changed was approved by ballot question 2 in 2016. Effective July 1, 2017. Other 7/1/2017 $2.9 $3.4
Nevada Established a new 10 percent retail excise tax on recreational marijuana. Effective July 1, 2017. Other 7/1/2017 $26.5 $37.1
New Hampshire Increased Research and Development Tax Credit from $2 million to $5 million in aggregate. Effective July 1, 2017. Corporate Income 7/1/2017 N.A. N.A.
New Hampshire Lowered Business Profits Tax rate from 8.2 percent to 7.9 percent. The rate will decrease again to 7.7 percent July 1, 2019. The revenue estimates are combined totals of these changes. Corporate Income Varying effective dates -$5.2 -$14.8
New Hampshire Lowered the Business Enterprise Tax from 0.72 to 0.675 percent. The rate will decrease to 0.6 percent July 1, 2019. The revenue estimates are combined totals of these changes. Corporate Income Varying effective dates -$3.9 -$17.1
New Hampshire Increased Section 179 deduction from $100,000 to $500,000, effective Jan. 1, 2018. Corporate Income 1/1/2018 N.A. -$9.7
New Hampshire Reduced Medicaid Enhancement Tax rate from 5.45 percent to 5.40 percent, rate will drop to 5.25 percent if uncompensated care payments fall below $375 million. Health Care 6/30/2018 -$2.3 -$2.25
New Hampshire Sunset of Electricity Consumption Tax, effective Jan. 1, 2019. Other 5/1/2001 N.A. -$3.0
New Jersey Enacted legislation to increase annually, in equal increments, pension income exclusion, from $20,000 married filing joint (m/f/j) to $100,000 by Tax Year 2020. The fiscal impact is expected to be between -$60 and -$90 million in FY 2018 and between -$70 and -$105 million in FY 2019. Effective Tax Year 2017. Personal Income Tax Year 2017 -$75.0 -$87.5
New Jersey Provided a tax credit for certain health care professionals that provide services to Gold Star families. Effective Jan. 1, 2018. Personal Income 1/1/2018 Indeterminate.  Indeterminate.
New Jersey Increased cap on Economic Recovery and Growth tax credits by $105 million. Effective May 1, 2017. Corporate Income 5/1/2017 Indeterminate.  Indeterminate.
New Jersey Enacted a general sales and use tax two-step rate reduction. The first step takes effect on Jan. 1, 2017 and reduces the state sales and use tax rate from 7.0 percent to 6.875 percent. The second step takes effect on Jan. 1, 2018 and reduces the state sales and use tax rate further, from 6.875 percent to 6.625 percent. This is expected to have a combined fiscal impact of -$392.2 million in FY 2018 and -$592.8 million in FY 2019. Sales 1/1/2017 -$392.2 -$592.8
New Jersey Elimination of Sales and Use Tax imposition on transportation services originating in New Jersey and provided by a limousine operator. Effective Feb. 10, 2017. Sales 2/10/2017 Indeterminate.  Indeterminate.
New Jersey Enacted second phase of a two-step phase out of the Estate Tax. Step one, which became effective on Jan. 1, 2017, increased the exclusion amount from $675 thousand to $2 million. Step two, effective Jan. 1, 2018, eliminates the estate tax for decedents dying after Jan. 1, 2018. Other 1/1/2017 -$116.4 N.A.
New Jersey Increased gross receipts tax on diesel fuel from 4 to 8 cents per gallon for sales made on or after July 1, 2017. This action was phased-in as part of the larger reforms to the Petroleum Products Gross Receipts Tax enacted in 2016. Motor Fuel 7/1/2017 $39.6 $39.6
New Mexico Added back certain deductions to include costs paid to captive real estate trusts in "net income" definition. Expands base up to $27 million by adding back certain deductions. Effective June 16, 2017. Corporate Income 6/16/2017 $0.5 $1.0
New York Converted the New York City personal income tax School Tax Relief (STAR) program rate reduction into a New York State personal income tax credit. The State currently reimburses the City for the amount of this rate reduction. Effective Immediately. Personal Income Immediately N.A. -$340.0
New York Extended the Millionaire's Tax for two years. This tax established a rate of 7.85 percent for single taxpayers earning more than $300,000 annually, and a rate of 8.82 percent for single filers earning more than $1 million annually. It is now set to expire on Dec. 31, 2019. No change in taxpayer liability. Personal Income 1/1/2018 $683.0 $3375.0
New York Extended the current limitations on itemized deductions for those with incomes exceeding $1 million. This is now set to expire on Dec. 31, 2019.  No change in taxpayer liability. Personal Income 1/1/2018 $0.0 $70.0
New York Enacted legislation to enhance the Child and Dependent Care tax credit. The out-year fiscal impact is expected to be -$47 million. Effective Jan. 1, 2018. Personal Income 1/1/2018 N.A. N.A.
New York Allowed for the full deduction of union dues. Out year fiscal impact is expected to be -$35 million. Effective Jan. 1, 2018. Personal Income 1/1/2018 N.A. N.A.
New York Provided a tax credit to farmers that make donations to food pantries. Out year fiscal impacted expected to be -$10 million. Effective Jan. 1, 2018. Corporate Income 1/1/2018 N.A. N.A.
New York Closed a loophole in the sale of Co-Ops. Gains from the sales of co-operative shares are now included as a non-resident's New York source income. Corporate Income 1/1/2017 $10.0 $10.0
New York Closed a loophole in non-resident asset sales. Requires non-resident sellers of partnership assets that are subject to IRC Section 1060 to classify the transaction as the sale of as asset. Corporate Income 1/1/2017 $10.0 $10.0
New York Extended the Empire State Film Production Tax Credit for three years. The credit is now set to expire on Dec. 31, 2022. Effective Jan. 1, 2020. No change in taxpayer liability. The out year fiscal impact for the state is expected to be -$420 million. Corporate Income 1/1/2016 N.A. N.A.
New York Extended the Youth Works Tax Credit for five years. The program is now set to expire on Dec. 31, 2022. Effective Jan. 1, 2018. No change in taxpayer liability. The out-year fiscal impact for the state is expected to be -$40 million. Corporate Income 1/1/2018 N.A. N.A.
New York Created the Empire State Apprenticeship Tax Credit.  A certified employer will be entitled to tax credits against income or franchise tax for each qualified apprentice. Out year fiscal impact is expected to be -$10 million. Effective Jan. 1, 2108. The credit is set to expire on Dec. 31, 2022. Corporate Income 1/1/2018 N.A. N.A.
New York Extended the Alternative Fuels and Electric Vehicle Recharging Property Credit for five years. The credit is now set to expire on Dec. 31, 2022. Effective Jan. 1, 2018. No change in taxpayer liability. Corporate Income 1/1/2018 N.A. N.A.
New York Provided for a technical fix of the investment tax credit. This disallows property principally used in the production or distribution of electricity, natural gas, steam, or water. Effective Jan. 1, 2018. Corporate Income 1/1/2018 N.A. N.A.
New York Extended the Health Care Facility Cash Assessment rate for hospitals and home care providers. The assessment rate is now current through March 31, 2019. Effective April 1, 2017. No change in taxpayer liability. Health Care 4/1/2017 $400.0 $400.0
New York Extended the assessment rate for nursing homes at 6.8 percent. The assessment rate is now current through March 31, 2019. Effective April 1, 2017. No change in taxpayer liability. Health Care 4/1/2017 $600.0 $600.0
New York Continued Hospital Reimbursement. Includes continuation of the Medicaid inpatient hospital reimbursement methodology and collection of the Health Care Reform Act (HCRA) surcharges and assessments. The law is now current through Dec. 31, 2020. Effective April 1, 2017. No change in taxpayer liability. Health Care 4/1/2017 $3300.0 $3400.0
New York Extended authorization for the collection of the Covered Lives Assessment. Effective April 1, 2017. The law is now current through Dec. 31, 2020. No change in taxpayer liability. Health Care 4/1/2017 $1100.0 $1100.0
New York Extended current assessment on inpatient revenues of hospitals. Effective April 1, 2017. The law is current through Dec. 31, 2020. No change in taxpayer liability. Health Care 4/1/2017 $424.0 $424.0
New York Enacted an E911 Surcharge on Prepaid Wireless Cellphones of $0.90 cents. Effective Dec. 1, 2017. Fee 12/1/2017 $7.0 $26.0
New York Enacted an assessment on the gross trip fare of Transportation Network Companies (TNC) or "rideshare companies", including Uber and Lyft. This is a 4 percent assessment on the gross trip fare of every TNC prearranged trip that originates anywhere in New York State outside New York City and terminates anywhere in New York State. Effective June 29, 2017. Fee 6/29/2017 $12.0 $24.0
North Carolina Enacted a series of changes to the personal income tax including: reducing the personal income tax rate from 5.499 percent to 5.25 percent beginning Jan. 1, 2019; Increasing the standard deduction from $17,500 to $20,000 (MFJ), effective Jan. 1, 2019; changing the standard deduction for the head of household to 75 percent of MFJ, previously was 80 percent, effective Jan. 1, 2019; and converting the Child Credit to tiered Child Deduction. This change expands the number of taxpayers who may benefit by converting to five deduction amounts. The top amount begins at  $2,500 and decreases by $500 increments as taxpayer income increases. Effective Jan. 1, 2018.  Net changes are expected to reduce state revenues by $383.8 million in FY 2019. Personal Income 1/1/2019 N.A. -$383.8
North Carolina Reduced corporate income tax rate from 3.0 percent to 2.5 percent, effective Jan. 1, 2019. Corporate Income 1/1/2019 N.A. -$65.2
North Carolina Extended sunset/deadline for certain Renewable Energy Credits. Effective July 1, 2017.  No change in taxpayer liability. Corporate Income 7/1/2017 -$0.5 -$0.5
North Carolina Reduced S Corporation Franchise Tax by applying a flat $200 fee on the first $1 million of the calculated base. The amount of the tax base that exceeds $1 million will be subject to the previous rate of $1.50 per $1,000 of tax base. Effective Jan. 1, 2018. Change is expected to reduce state revenue by $19 million in FY 2019. Corporate Income 1/1/2018 N.A. -$19
North Carolina Enacted a sales tax exemption for fulfillment facilities. Effective July 1, 2017. Sales 7/1/2017 -$6.4 -$0.5
North Carolina Repealed the 1 percent privilege tax on mill machinery and replaced it with a sales and use tax exemption for the items. Additionally created a sales tax exemption for ready mix concrete. Effective July 1, 2018. Expected fiscal impact is -$52.8 in FY 2019. Sales 7/1/2018 N.A. -$52.8
North Dakota Replaced the Angel Fund Investment tax credit, equal to 45 percent of the amount invested in a certified angel fund, with an Angel Investor income tax credit, which is equal to 35 percent of the amount invested in an in-state qualified business and 25 percent of the amount invested in an out-of-state qualified business. The fiscal impact of the new credit cannot be determined but corporate and individual income taxpayers were claiming between $2 million and $7 million per year under the previous angel fund investment tax credit. Effective July 1, 2017. Personal Income new credit goes into effect 7/1/2017 N.A. N.A.
North Dakota Legislation enacted by the 2015 Legislative Assembly allows taxpayers to elect an alternate income tax apportionment method. The legislation allows a double weighted sales factor apportionment election for tax year 2016 and 2017, a 75 percent weighted sales factor apportionment election for tax year 2018, and a single sales factor apportionment election for tax years 2019 and forward. Corporate Income 1/1/2015 -$7.5 -$16.25
North Dakota Replaced the Angel Fund Investment tax credit, equal to 45 percent of the amount invested in a certified angel fund, with an Angel Investor income tax credit, which is equal to 35 percent of the amount invested in an in-state qualified business and 25 percent of the amount invested in an out-of-state qualified business. The fiscal impact of the new credit cannot be determined but corporate and individual income taxpayers were claiming between $2 million and $7 million per year under the previous angel fund investment tax credit. Effective July 1, 2017. Corporate Income 7/1/2017 N.A. N.A.
North Dakota Created a 2-year pilot program for the state assumption of county social service costs, which were previously funded with county property tax revenue. The resulting tax reduction will occur at the county level and will vary based on the number of mills a county was previously levying for social services purposes. The anticipated cost of the pilot program is $160.7 million for calendar years 2018 and 2019. Old Rate: County levy authority of up to 20 mills for social services. New Rate, County levy authority for social services suspended for taxable years 2017 and 2018. Property 1/1/2017 N.A. N.A.
North Dakota Increased the assessed communications services fee for a 6-year period. New rate:  $0.50 per month is added to the existing tax. Effective Aug. 1, 2017 through Aug. 1, 2023. Fee 8/1/2017 through 8/1/2023 $4.8 $4.8
Ohio Increased college savings plan tax credit. Effective Jan. 1, 2018. Personal Income TY 2018 N.A. -$6.9
Ohio Eliminated bottom two personal income tax brackets. The minimum bracket now begins at $10,501 of taxable income. Effective Jan. 1, 2017. Personal Income TY 2017 -$3.0 -$3.0
Ohio Enacted a sales tax holiday to occur on clothing and school supplies only between Aug. 3- Aug. 5, 2018. Sales August 2017, 2018 -$15.2 -$15.2
Ohio Enacted a sales tax exemption for purchases of digital multimedia from an amusement device that accepts direct payments, e.g. a digital jukebox or arcade game. Effective Oct. 1, 2017. Sales Oct. 1, 2017 Uncertain loss.  Uncertain loss.
Ohio Capped the 17 percent excise tax on premium cigars to $0.50 cents per cigar. Effective July 1, 2017. Tobacco 7/1/2017 -$1.4 -$1.5
Ohio Modified the current agricultural use valuation. Effective Jan. 1, 2017. Property TY 2017 -$8.0 -$12.0
Ohio Adjusted the licensing of pharmacists, pharmacy interns, terminal and whole distributors of dangerous drugs from an annual to biennial licensing schedule, and increased fees. Effective Sept. 29, 2017. Fee 9/29/2017 $3.8 $3.8
Ohio Enacted a licensing fee for pharmacy technicians. The new fee structure is $55 for the initial fee and $25 for the annual renewal fee. The fiscal impact of this change is between $1-2 million of new revenue in FY 2018 and FY 2019. Effective April 6, 2018. Fee 4/6/2018 $1.5 $1.5
Ohio Extended the sunset date for various Environmental Protection Agency (EPA) fees for two years. Effective July 1, 2018. No change in taxpayer liability. Fee 7/1/2018 N.A. $79.6
Oklahoma Froze the state standard deduction equal to the TY 2017 federal standard deduction. Effective Jan. 1, 2017. No change int taxpayer liability. Personal Income 1/1/2017 $4.4 $14.5
Oklahoma Eliminated the trigger mechanism which could have reduced the top marginal individual income tax rate to 4.85 percent from 5.0 percent, contingent on certain revenue growth. Effective Nov. 1, 2017. Personal Income 11/1/2017 N.A. N.A.
Oklahoma Reduced the total, statewide maximum rebate amount for film industry rebates from $5 million to $4 million annually. Effective July 1, 2017. Corporate Income 7/1/2017 $1.0 N.A.
Oklahoma Repealed vendors' 1 percent sales tax "retention discount" for collection and remittance. Effective July 1, 2017. Sales 7/1/2017 $14.0 N.A.
Oklahoma Modified the sales tax exemption for motor vehicle purchase. This provides that a portion of the state sales tax levy (1.25 percent) will apply to the sales of motor vehicles. Effective July 1, 2017. Sales 7/1/2017 $123.4 N.A.
Oklahoma Moved up sunset date for certain gross production tax exemptions. Effective July 1, 2017. Other 7/1/2017 $46.3 N.A.
Oklahoma Modified gross production tax incentive rate for certain production from 1 percent to 4 percent. Effective July 1, 2017. Other 7/1/2017 $102.1 N.A.
Oklahoma Created fee on the initial sale of tickets to certain professional sporting events. The fee schedule is $1.00 on tickets priced at $50.00 or less, and $2.00 on tickets priced at more than $50.00. Effective July 1, 2017. Fee 7/1/2017 $2.7 N.A.
Oklahoma The state enacted tobacco cessation fee of $1.50 per pack within the final days of the 2017 legislative session. The fee drew criticism because it did not indicate the purpose of the assessment to reduce the incidence of smoking, or for increased regulation of tobacco products. On Aug. 10, 2017, the Oklahoma Supreme Court ruled the fee was a tax. Oklahoma’s constitution requires a three-fourths majority for all tax increases, while fee increases require a simple majority. The smoking cessation legislation was passed with a simple majority, and therefore violated the Oklahoma Constitution and was struck down. The fee was expected to bring in $214 million for the state in FY 2018 and $250 million for the state in FY 2019. When the fee was ruled unconstitutional it placed Oklahoma in a budget shortfall situation and the state was called into special session to address the shortfall. No change in taxpayer liability. Fee 8/25/2017 N.A. N.A.
Oklahoma Moved up sunset date to July 1, 2017 for credit for power generated by zero-emission facilities. No impact on revenue until 2027. Effective July 1, 2017. Non-Tax 7/1/2017 N.A. N.A.
Oklahoma Modified filing date for certain franchise tax remitters. Moved the due date from July 1, 2018 to May 1, 2017. This change has a one time revenue impact. Effective Nov. 1, 2018. Non-Tax 11/1/2017 $12.7 N.A.
Oklahoma Enacted a noncompliant sales tax permit holder collection initiative. The expected fiscal impact will raise $12.1 million revenue for income tax and $4.9 million for mixed beverage tax. Effective July 1, 2017. Non-Tax 7/1/2017 $17.0 N.A.
Oklahoma Established a Voluntary Disclosure Initiative (similar to amnesty program). A taxpayer shall be entitled to a waiver of penalty, interest, or other collection fees due on eligible taxes if a taxpayer files delinquent tax returns and pays the taxes due during the disclosure initiative period. Effective July 1, 2017. Non-Tax 7/1/2017 $14.6 N.A.
Oregon Changed the sales factor of the corporate income tax apportionment formula from cost of performance to market-sourcing for purposes of determining sales factor applicable to intangible property and services. Corporate Income 1/1/2018 N.A. $5.5
Oregon Raised the gas tax four cents per gallon, from 30 cents to 34 cents. Effective Jan. 1, 2018. Motor Fuel 1/1/2018 $36.0 $74.0
Oregon Raised the weight-mile tax by 25 percent. Effective Jan. 1, 2018. Motor Fuel 1/1/2018 $35.0 $75.0
Oregon Created an assessment on insurers at 1.5 percent of gross receipts. Effective Jan. 1, 2018 and terminates Jan. 1, 2020. Health Care 1/1/2018 $29.0 $61.0
Oregon Raised the hospital assessment rate from 5.3 percent to 6.0 percent. Effective Sept. 30, 2017 and terminates Sept. 30, 2021. Health Care 9/30/2017 $115.0 $239.0
Oregon Enacted a 0.5 percent privilege tax on vehicle dealers. Effective Jan. 1, 2018. Other 1/1/2018 $12.0 $28.0
Oregon Enacted a 0.1 percent payroll tax. Effective Jan. 1, 2018. Other 1/1/2018 $38.0 $77.0
Oregon Created a bicycle excise tax at a rate of $15 per bicycle. Effective Jan. 1, 2018. Other 1/1/2018 $0.6 $1.5
Oregon Increased registration fees from $43 per vehicle to $56 per vehicle. Effective Jan. 1, 2018. Fee 1/1/2018 $30.0 $60.0
Oregon Increased title fees from $77 per vehicle to $93 per vehicle. Effective Jan. 1, 2018. Fee 1/1/2018 $8.0 $16.0
Oregon Raised court filing, motion, and settlement fees by roughly 6 percent. Effective Oct. 1, 2017. Fee 10/1/2017 $1.5 $1.9
Pennsylvania Granted online marketplace providers the option to either collect and remit sales and use tax as if they were the vendor or submit documentation of sales to the Department of Revenue. The Department would then use that information to attempt to collect use tax from purchasers. Sales 4/1/2018 $8.0 $50.5
Pennsylvania Created a new tax imposed on a new category of consumer fireworks made legal by legislation at a rate of 12 percent. Effective Oct. 30, 2017. Other 10/30/2017 $2.8 $8.7
Pennsylvania Expanded gaming by allowing for internet gaming, fantasy sports, gaming at airports, and a new category of satellite casinos. Estimates here reflect combined taxes and fees expected in the General Fund. Other 10/30/2017 $200.0 $100.7
Pennsylvania Required withholding of current tax liabilities by businesses paying income to out-of-state lessors of real estate and contract employees working in-state. Effective Oct. 30, 2017. Corporate Income 10/30/2017 $9.8 $24.6
Pennsylvania Expanded gaming by allowing for internet gaming, fantasy sports, gaming at airports, and a new category of satellite casinos. Estimates here reflect combined taxes and fees expected in the General Fund. No change in taxpayer liability. Fee 10/30/2017 $200.0 $100.7
Pennsylvania Shortened the period for petitions in the appeals process from 90 to 60 days. Non-Tax 10/30/2017 $10.0 $10.0
Rhode Island Increased the cigarette tax from $3.75 to $4.25 per pack. Effective Aug. 1, 2017. Tobacco 8/1/2017 $7.5 $7.3
Rhode Island Reduced values used to determine local property taxes on cars. The state is projecting a loss of $26 million for FY 2019 from aid paid to cities and towns to account for their lost revenues. Property   $0.0 -$26.0
Rhode Island Increased hospital license fees from 5.65 percent to 5.86 percent. This fee expires annually. Health Care FY 2018 $13.0  N.A.
Rhode Island Rescinded a fee reduction adopted in the 2016 legislative session that was set to be effective July 1, 2018. No change in taxpayer liability. Fee 7/1/2018 $4.2 -$4.2
Rhode Island Established a tax amnesty program. Non-Tax 12/1/2017 $12.5  N.A.
South Carolina Created a refundable vehicle maintenance tax credit. The credit amount is the lesser of the impact of the two cent increase in gas tax or actual vehicle maintenance cost. Effective July 1, 2017. Personal Income 7/1/2017 -$40 -$65.0
South Carolina Enacted a nonrefundable tax credit equal to 125 percent of the federal Earned Income Tax Credit that will be phased in over six years. Effective Jan. 1, 2018. Personal Income 1/1/2018  N.A. -$20.4
South Carolina Increased the wage limit for a nonrefundable two wage earner tax credit from $30,000 to $50,000 over six years. Effective Jan. 1, 2018. Personal Income 1/1/2018  N.A. -$3.3
South Carolina Increased the refundable tuition tax credit to 4-year and 2-year institutions. The rate went from 25 percent of tuition up to $850/4-year school and up to $350/two-year school to 50 percent of tuition up to $1,500/4-year and 2-year school. Effective Jan. 1, 2018. Personal Income 1/1/2018  N.A. -$6.2
South Carolina Increased the maximum threshold for refundable tax credits claimed for contributions to the Educational Credit for Exceptional Needs Children Fund. The maximum threshold increased from $10 million to $11 million. Effective July 1, 2017. Personal Income 7/1/2017 -$1.0 -$1.0
South Carolina Raised the maximum sales tax cap on aircraft, boats, trailers, and construction equipment. The old rate was  5 percent of sales value up to $300 per item and the new rate is  5 percent of sales value up to $500 per item. Effective July 1, 2017. Sales 7/1/2017 $1.7 $1.7
South Carolina Increased the motor fuel tax by $0.02 per gallon, from $0.16 cents to $0.18 cents per gallon. Effective July 1, 2017. Motor Fuel 7/1/2017 $68.9  N.A.
South Carolina Increased the motor fuel tax by $0.02 per gallon, from $0.18 per gallon to $0.20 per gallon. Effective July 1, 2018. Motor Fuel 7/1/2018  N.A. $85.1
South Carolina Lowered the property tax assessment ratio for manufacturing property from 10.5 percent to 9.0 percent over six years. Beginning Jan. 1, 2018, the rate will be 10.25 percent. Total reimbursement was limited to $85 million per year.  Property 1/1/2018  N.A. -$6.3
South Carolina Created a road use fee on all large commercial motor vehicles. Taxed out-of-state apportioned carriers that currently do not pay property taxes. The road use fee is calculated using the same method as property taxes. The new rate is the value times assessment ratio of 9.5 percent times millage rate. Effective Jan. 1, 2019. Other 1/1/2019  N.A. $17.5
South Carolina Increased the biennial registration fee on motor vehicles from $24 per vehicle to $40 per vehicle. Effective Jan. 1, 2018. Fee 1/1/2018 $12.7 $26.1
South Carolina Enacted an infrastructure maintenance fee at 5 percent of sales price of vehicle up to $500. Effective July 1, 2017. Fee 7/1/2017 $72.7 $72.7
South Carolina Enacted an infrastructure maintenance fee of $250 per vehicle for new residents registering an out-of-state vehicle. Effective July 1, 2017. Fee 7/1/2017 $20.1 $20.3
South Carolina Created a biennial registration fee for alternative fueled vehicles at a rate of $60 per vehicle. Effective Jan. 1, 2018. Fee 1/1/2018 $0.7 $1.5
Tennessee Decreased the Hall Income Tax rate. The previous 5 percent rate will be 4 percent for tax year 2017. It will continue to decrease by 1 percent each tax year following until it phases out completely in tax year 2021. (e.g., 3% for tax year 2018; 2% for tax year 2019; 1% for tax year 2020; 0% 2021 and after) Personal Income TY 2017 -$35.6 -$71.2
Tennessee Established a Hall Income Tax credit equal to 33 percent of the value of an investment by an angel investor, if certain conditions apply. Effective beginning for tax years on or after Jan. 1, 2017. Personal Income TY 2017 -$1.9 -$2.6
Tennessee Authorized annualized method for quarterly estimated F&E tax payments. Extended time for exemption applications. Decreased the penalty for late filings, from $1,000 to $200, for such exemption applications. Corporate Income Upon becoming a law but applies to tax years beginning on or after January 1, 2017 -$3.7 -$0.3
Tennessee Authorized manufacturers to elect a sales only apportionment formula for F&E tax purposes. Effective beginning tax year 2017. Corporate Income TY 2017 -$102.1 -$113.3
Tennessee Revised various provisions concerning the taxation of modern market telecommunication providers (MMTPs), including an imposition of a new privilege tax on MMTPs, and reclassification of MMTPs to industrial and commercial property. The maximum rates are $4,750,000 in FY 2018, $3,750,000 in FY 2019, $2,750,000 in FY 2020, $1,500,000 in FY 2021, and $500,000 in FY 2022. The privilege tax on MTTPs terminates Dec. 31, 2022. Corporate Income January 1, 2017 (for property tax purposes), June 1, 2017, and January 1, 2018 (for privilege tax on MMTPs) $4.0 $3.0
Tennessee Lowered the sales tax rate on the retail sale of food and food ingredients from 5 percent to 4 percent. Effective July 1, 2017. Sales 7/1/2017 -$119.4 -$119.4
Tennessee Capped the sales tax rate on a person’s purchase, use, consumption, or storage of aviation fuel that is used in the operation of airplane or aircraft motors shall not exceed the following for any taxpayer: $21,375,000 for the period of July 1, 2015 through June 30, 2016; $17,750,000 for the period of July 1, 2016 through June 30, 2017; $14,125,000 for the period of July 1, 2017 through June 30, 2018; and $10,500,000 for any tax year occurring on or after July 1, 2018.  Sales 5/18/2015 -$16.2 -$22.3
Tennessee Increased the gas tax rate from $0.20/gallon to $0.24/gallon on July 1, 2017. The rate will increase to $0.25/gallon on July 1, 2018 and $0.26/gallon on July 1, 2019. Motor Fuel 7/1/2017 $84.7 $105.9
Tennessee Increased the diesel tax rate from $0.17/gallon to $0.21/gallon. Effective July 1, 2017. The rate will increase to $0.24/gallon on July 1, 2018 and to $0.27/gallon on July 1, 2019. Motor Fuel 7/1/2017 $31.5 $55.1
Tennessee Enacted the Ground Ambulance Service Provider Assessment Act, which requires an ambulance service to pay a quarterly assessment to the Bureau of TennCare. Effective July 1, 2017. This assessment terminates June 30, 2018. Health Care 7/1/2017 $10.3 N.A.
Tennessee Increased the property value threshold for determining the extent of any property tax relief to low-income elderly homeowners, low-income disabled homeowners, and disabled veteran and surviving spouse homeowners. The threshold for determining property tax relief payments increased from $23,500 to $27,000 of the full market value for low-income elderly and disabled homeowners, and from $100,000 to $175,000 for disabled veteran and surviving spouse homeowners. Property TY 2017 $7.5 $7.5
Tennessee Revised various provisions concerning the taxation of modern market telecommunication providers (MMTPs), including an imposition of a new privilege tax on MMTPs, and reclassification of MMTPs to industrial and commercial property. This tax change has a local impact of -$14,914,200 in FY 2018. Property January 1, 2017 (for property tax purposes), June 1, 2017, and January 1, 2018 (for privilege tax on MMTPs) Local Impact -$14.9  Local Impact -$14.9
Tennessee Raised motor vehicle registration fees. A $5 increase was enacted for Class (A) through (H) vehicles. A $10 increase was enacted for private and commercial passenger vehicles operating for hire. A $20 increase was enacted for trucks and truck tractors. A $100 registration fee was enacted for electric vehicles. Effective July 1, 2017. Fee 7/1/2017 $34.3 $34.3
Tennessee Made various changes to the regulation of securities under the Tennessee Securities Act of 1980, including the imposition of a $50 fee on any covered security that files a change of name, and an annual renewal fee of $100 for Rule 506 of Regulation D exemption filings. Fee 5/18/2017 $1.1 $1.1
Texas Increased Tax Compliance. Non-Tax 9/1/2017 $47.8 N.A.
Texas Enacted a tax amnesty program. Non-Tax 9/1/2017 $23.0 $23.0
Texas Accelerated the sale of unclaimed securities. Non-Tax 9/1/2017 $250.0 $250.0
Texas Abolished several varying license fees relating to bingo administration. Effective Sept. 1, 2017. Fee 9/1/2017 -$3.2 -$3.2
Texas Decreased fee for the issuance or renewal of
license to carry a handgun from $140 to $40. Effective Sept. 1, 2017.
Fee 9/1/2017 -$12.8 -$9.6
Utah Enacted a phase out for the individual income tax credit for certain renewable energy systems. Effective May 1, 2017. Personal Income 5/1/2017 N.A. -$2.1
Utah Established an oil and gas severance tax credit for a taxpayer that produces natural gas for use in the production of hydrogen fuel for zero emission motor vehicles. Effective May 2017. Corporate Income 5/1/2017 N.A. -$3.4
Utah Modified the refinery sales tax exemption. Effective July 1, 2017. Sales 7/1/2017 $1.0 $2.1
Utah Raised the liquor markup from 86 percent to 88 percent. Effective July 1, 2017. Alcohol 7/1/2017 $1.7 $2.1
Utah Indexed the gas tax to inflation. Effective July 1, 2017. Motor Fuel 7/1/2017 N.A. $4.2
Vermont Lowered "safe harbor" reporting percentage from 0.2 percent to 0.1 percent of adjusted gross income and established a $500 cap for total use tax liability. This safe harbor allows for a simple method of determining taxpayer liability to encourage better reporting of use tax liability. Personal Income TY 2017 $1.8 $1.8
Vermont Changed income tax starting point to begin at federal adjusted gross income (AGI) rather than at federal taxable income starting in tax year 2018. Personal Income 1/1/2018 N.A. N.A.
Vermont General Assembly directed Tax Department to use new and existing strategies to close the gap between taxes paid and taxes due to increase collections in State fiscal year 2018. Non-Tax 6/1/2017 $3.2 $3.2
Virginia Limited the Historic Rehabilitation Tax Credit by prohibiting a taxpayer from claiming more than $5.0 million for tax years 2017 and 2018. This language does not limit the amount of credits that could be issued by the Department of Historic Resources, but it does impact the timing of when large credit amounts could be claimed. Effective beginning Jan. 1, 2017. Personal Income Tax Years beginning on or after 1/1/2017 $9.9 $9.9
Virginia Limited the Land Preservation Tax Credit amount that can be claimed on each annual tax return to $20,000 for a single filer and $40,000 for joint filers for Tax Year 2017.  Terminates for tax years beginning on or after Jan. 1, 2018. Personal Income Tax Years beginning on or after 1/1/2017 $8.1 N.A.
Virginia Clarified that the presence of inventory within the state gives rise to retail sales and use tax nexus for out-of-state sellers who make sales to Virginia customers. Out-of-state sellers that use warehouses and/or fulfillment centers within the state will be required to register as dealers for the collection of retail sales and use tax. Effective June 1, 2017. Sales 6/1/2017 $11.1 $11.1
Virginia Authorized a tax amnesty program in FY 2018. Non-Tax 7/1/2017 $89.5 N.A.
Virginia Deferred the phase-out of accelerated sales tax. Retained the current $2.5 million taxable sales threshold for remittance of the June accelerated sales tax in FY 2017 and increased the threshold to $4.0 million in FY 2018.  Previous budget assumed the threshold would increase to $10.0 million in June 2017 and to $25.0 million in June 2018 (retains $35.1 million in FY 2017 and $12.8 million in FY 2018). Effective June 2017.  No change in taxpayer liability. Non-Tax June 2017 $12.8 N.A.
Washington Extended the states B&O tax economic nexus provisions to taxpayers engaged in making retail sales. Effective July 1, 2017. Corporate Income 7/1/2017 $2.0 $7.7
Washington Extended Motion Picture Competitiveness B&O Tax Credit set to expire on July 1, 2017 to a new sunset date of July 1, 2027. The legislature reduced the maximum credit that can be claimed by an individual annually from $1 million to $750,000. Corporate Income 7/1/2017 -$3.2 -$3.5
Washington Enacted legislation requiring marketplace facilitators and remote sellers to comply with certain use tax reporting requirements or collect and remit Washington sales and use tax if they have at least $10,000 in gross receipts from sales to Washington consumers. Referrers receiving at least $267,000 in gross income from providing referral services apportioned to Washington, must likewise elect to collect and remit or comply with specified use tax notice requirements. The law becomes effective Jan. 1, 2018. Sales 1/1/2018 $83.7 $256.8
Washington Repealed the sales tax exemption on bottled water. Effective Aug. 1, 2018. Sales Aug 1 2017 $24.5 $30.1
Washington Narrowed the use tax exemption for self-produced fuels to include only biomass fuels effective Jan. 1, 2018. The use tax for refinery fuel gas is 0.963 percent in TY 2018, 1.926 percent in TY 2019, 2.889 percent in TY 2020, and 3.852 percent in TY 2021 and following years. Sales Jan 1 2018 $1.6 $6.4
Washington Increased the state property tax by $0.87, from $1.83 to $2.70 per $1,000 in assessed valuation. This increase is offset partially by a cap on local school maintenance and operations (M&O) property tax levies. Effective Jan. 1, 2018. Other 1/1/2018 $541.0 $1073.2
West Virginia Updated the meaning of federal adjusted gross income (AGI). Effective Jan. 1, 2017. Personal Income 1/1/2017 N.A. N.A.
West Virginia Updated the meaning of federal taxable income. Effective Jan. 1, 2017. Corporate Income 1/1/2017 N.A. N.A.
West Virginia Raised the privilege tax on motor vehicle sales from five percent to six percent. Funds from this increase are dedicated to the State Road Fund. The revenue increase from this change is roughly $41.2 million in FY 2018 and FY 2019. Effective Jan. 1, 2017. Sales 7/1/2017 $41.2 $41.2
West Virginia Increased the floor of the average wholesale price (AWP) from $2.34 per invoiced gallon to $3.04 per invoiced gallon. Also increased the variable component of the Motor Fuel Tax from $0.117 per invoiced gallon to $0.152 per invoiced gallon. Funds from these increases are dedicated to the State Road Fund. Effective July 1, 2017. Motor Fuel 7/1/2017 $44.9 $49.0
West Virginia Extended and increased the Acute Care Hospital Tax Rate from 0.74 percent to 0.75 percent. Effective July 1, 2017 and expires on June 30, 2018. The legislature has consistently extended the temporary tax for one additional year since its enactment. Health Care 7/1/2017 $25.5 $8.5
West Virginia Increased various securities fees. Effective July 7, 2017. Fee 7/7/2017 $5.6 $5.6
West Virginia Increased various DMV fees, including but not limited to license renewal and registration fees. Increases became effective July 1, 2017. Revenues are dedicated to State Road Fund. The annual increase from this revenue change is roughly $40.4 million. Fee 7/1/2017 $40.4 $40.4
Wisconsin Enacted legislation to prohibit the same income from being claimed on the manufacturing and agriculture credit and on taxes paid to other states credit. Effective tax year 2017. Personal Income Tax Year 2017 $9.7 $9.7
Wisconsin Updated references to the IRC to include provisions in effect on Dec. 31, 2016, with exceptions. Effective Tax Year 2017. Personal Income Tax Year 2017 -$0.6 -$5.6
Wisconsin Enacted legislation to limit the Taxes Paid to Other States Credit to the amount of tax that would be paid if the same income was taxed in Wisconsin. Effective Tax Year 2017. Personal Income Tax Year 2017 $11.3 $9.0
Wisconsin Repealed the alternative minimum tax (AMT). Fiscal impact is -$1.75 million FY 2018. Total ongoing fiscal impact is expected to be -$7 million. Effective Tax Year 2019. Personal Income Tax Year 2019 N.A. -$1.75
Wisconsin Enacted legislation that requires homestead tax credit claimants to have earned income in order to qualify for the credit. Effective Tax Year 2018. Personal Income Tax Year 2018 N.A. $7.0
Wisconsin Enacted changes that require homestead tax credit claimants to report disqualified losses, generally defined as business losses, when determining household income for the purposes of the credit. Effective Tax Year 2017. Personal Income Tax Year 2017 $1.6 $1.6
Wisconsin Limited the amount of historic rehabilitation credits that a claimant can be certified to receive to no more than $500,000 per parcel beginning July 1, 2018. Total ongoing fiscal impact is projected to generate $47.39 million in new revenue. Effective July 1, 2018. Corporate Income 7/1/2018 N.A. $1.2
Wisconsin Limited the net operating loss precomputation period to no more than four years beyond the due date for filing the original return for the tax year in which the loss was incurred. Effective Sept. 23, 2017. Corporate Income 9/23/2017 $1.0 $1.0
Wisconsin Modified the apportionment formula for broadcasters. Total ongoing fiscal impact is projected to be -$13 million. Effective Tax Year 2019. Corporate Income Tax Year 2019 N.A. -$3.2
Wisconsin Converted 10 percent of the existing nonrefundable research credit into a refundable credit. Total ongoing fiscal impact is projected to be -$9 million. Effective Tax Year 2018. Corporate Income Tax Year 2018 N.A. -$2.1
Wisconsin Provided refundable electronics information technology manufacturing zone credits for zone payroll and capital expenditures by a business (Foxconn Technology Group) that begins operation in a zone and is certified to receive the credits. These credits are available for no more than 15 years following the certification of the company for credits. The total fiscal impact of this tax change is expected to be -$2.85 billion over the 15-year period. Effective Sept. 20, 2017. Corporate Income 9/20/2017 N.A. -$2.35
Wisconsin Provided refundable enterprise zone tax credits for a financial services technology business, Fiserv, Inc., certified to receive credits if, after completing a competitive relocation process, it retains its corporate headquarters and at least 93 percent of its employees in the state and maintains certain payroll in the state. These credits can be claimed for no more than five consecutive tax years. This change will result in a loss of $2 million annually for up to 5 years. Corporate Income 9/20/2017 N.A. -$2.0
Wisconsin Delayed effective date of a tax refund until July 1, 2078 for a retailer related to bad debt of an affiliated lender that extends certain credit to that retailer. Effective Sept. 23, 2017. No change in taxpayer liability. Sales 9/23/2017 $10.2 $10.4
Wisconsin Expanded the exemption for lump sum contracts to apply to all construction contracts and to subcontractors. Effective Dec. 1, 2017. Sales 12/1/2017 -$1.25 -$1.5
Wisconsin Exempted frozen food and food consisting of more than 50 percent yogurt that is sold by a retailer and prepared by that retailer at a manufacturing establishment away from its retail location. Effective Sept. 23, 2017. Sales 9/23/2017 -$1.15 -$1.2
Wisconsin Exempted tangible personal property sold to certain construction contractors who transfer property to technical colleges or the University of Wisconsin. Effective July 1, 2018. Sales 7/1/2018 N.A. -$2.5
Wisconsin Repealed the healthcare provider assessment on ambulatory surgical centers. Old tax rate was 1.2703 percent of gross patient revenues. Effective Sept. 23, 2017. Health Care 9/23/2017 -$5.0 -$5.0
Wisconsin Allowed state forestry mill tax to sunset. Reduced from 0.167 mills to 0 mills effective December 2017. Other Taxes levied December, 2017 -$89.3 -$91.6
Wisconsin Enacted legislation to perform a state buyout of tax on certain personal property. Tax change reduces local taxes. Effective Dec. 1, 2018. Property Taxes levied December, 2018 N.A. -$74.4
Wisconsin Increased funding for the school levy tax credit. Tax change reduces local taxes. Effective Dec. 1, 2017. Property Taxes levied December, 2017 N.A. -$87.0
Wisconsin Provided 38 project positions to the Department of Revenue for four years to increase auditing activities and improve tax collections. Effective Oct. 1, 2018. Non-Tax 10/1/2018 $24.0 $32.0
Wisconsin Expanded reporting requirements for information returns and modified due dates for filing those returns for income/franchise tax filers. Effective Tax Year 2018. Non-Tax Tax Year 2017 $3.0 $3.0
Wisconsin Increased fees for electric vehicles. Increased hybrid-electric vehicle fee from $0 to $75. Increased electric vehicle fee from $0 to $100. These fee changes become effective on Jan. 1, 2018. Fee 1/1/2018 $2.6 $5.8
Wisconsin Increased maximum state parks and forests daily vehicle admission fee and daily camping fees. The maximum daily vehicle fee was increased from $11 to $16 for state residents and from $15 to $20 for nonresidents. The maximum daily camping fee was increased from $20 to $30 for state residents, and from $25 to $35 for nonresidents. These fees are subject to agency determination. The state park electrified campsite fees at select high-demand parks increased from $10 to $15. The new rates becomes effective on Jan. 1, 2018. Fee 1/1/2018 $1.1 $2.5
Wisconsin Replaced pesticide registration graduated fee/surcharge structure with flat fees and surcharges of $530 per product. This change becomes effective on Jan. 1, 2018. Fee 1/1/2018 -$1.7 -$1.8
Wyoming Required remote sellers to collect Wyoming sales and use tax if the seller has more than $100,000.00 in sales in Wyoming or 200 separate transactions in Wyoming in any year. Rate of 4 percent plus local option taxes. Revenue impact estimates are indeterminable, but the state potentially could gain $28 million from all remote sales, subject to court action. Effective July 1, 2017. Sales 7/1/2017 $28.0 $28.0
Wyoming Adjusted numerous motor vehicle registration fees. Effective July 1, 2017. Fee 7/1/2017 $20.0 $20.0
Wyoming Adjusted numerous driver's license fees. Effective July 1, 2017. Fee 7/1/2017 $2.6 $2.6
Wyoming Increased the court automation fee from $10 to $25. Effective July 1, 2017. Fee 7/1/2017 $2.1 $2.1
Wyoming Adjusted hunting, fishing, application, watercraft, and conservation fees. Effective Jan. 1, 2018. Fee 1/1/2018 $2.5 $4.9

2016
Juridiction Description Type Effective Date Fiscal Year 2017 Fiscal Year 2018
Alabama Created an income tax credit for contributions to health savings accounts (-$2.7 million beginning in FY 2019). Personal Income 1/1/2018 $0.0 $0.0
Alabama Enacted a port tax credit for increased use of state port’s facilities capped at $5 million a year. The credit is not to exceed $12 million for the life of the program. Corporate Income 10/1/2016  -$5.0 -$5.0
Alabama Created a Growing Alabama tax credit for cash donations to an approved local economic development organization. The credit is not to exceed 50 percent of current year tax liability of taxpayer (corporate and individual combined). The credit is set to expire on Sept. 30, 2020. Corporate Income 6/19/2016 -$10.0 -$10
Alabama Adopted an apprenticeship tax credit of $1,000 for each apprentice employed. The credit is capped annually at $3 million (also applies to financial institution excise tax) and is set to expire on Dec. 31, 2021. Corporate Income 1/1/2017 $0.0 -$3.0
Alabama Extended current assessment on private hospitals and changed the base year for calculating the assessment (if the assessment was not extended, Medicaid would lose $257.5 million based on FY 2015 receipts). Base year change from FY 2011 to FY 2014. The extention terminates on Sept. 30, 2017. No change in taxpayer liability. Health Care 10/1/2016 $6.0 $0.0
Alabama Statewide Amendment 11-Amended the state Constitution to give any municipality or county that has established a tax increment district within a Major 21st Century Manufacturing Zone the sole discretion to determine the amount and type of consideration to be received for the redevelopment, rehabilitation, or conservation of property disposed of to or for the benefit of private interest with funds collected from such tax increment district. Property 11/8/2016 N.A. N.A.
Alaska Modified various oil and gas tax credits. Other Various $0.0 $15.0
Alaska Increased hunting, fishing, and trapping fees. Fee 1/1/2017 $2.7 $9.1
Alaska Enabled fees for Geologic Materials Center. Fee 7/1/2016 $0.1 $0.2
Arizona Increased the maximum amount  claimed as a tax credit for contributions to charitable organizations. Personal Income 1/1/2016  -$2.6 $0.0
Arizona Extended due date to claim tax credit for contributions to charitable organizations until the 15th day of the 4th month following the close of the taxable year (which would be April 15th for most taxpayers). Personal Income 1/1/2016  -$1.7 $0.0
Arizona Increased the state individual income tax deduction from 10 percent to 100 percent of the amount allowed for federal bonus depreciation over two years. Personal Income 1/1/2016  -$8.0 -$8.0
Arizona Adopted a sales tax exemption on agricultural feed used in non-commercial boarding of livestock. Sales 8/6/2016  -$1.0 $0.0
Arizona Adopted a sales tax exemption on aircraft and aircraft equipment operated by charter airlines. Sales 7/1/2017 $0.0 -$2.3
Arizona Adopted a  sales tax exemption on fine art purchased by nonresidents at an auction or a gallery in the state, for use outside the state. Sales 9/1/2016  -$1.3 $0.0
Arizona Modified the existing sales tax exemption on electricity and natural gas sold to manufacturers and smelters. Sales 1/1/2017  -$7.0  -$7.0
Arizona Accelerated a previously enacted 0.3 percent gradual reduction of the insurance premium tax rate from 11 years to 6 years. The rate will change from 2 percent to 1.7 percent when fully phased in by 2021. Non-Tax 1/1/2016  -$2.4 -$4.1
Arizona Established a Tax Amnesty Program that waives penalties and interest on unpaid individual income, corporate income and sales tax liabilities.  Taxpayers have the option to pay their taxes owed all at once in FY 2017, or over 3 years, from FY 2017 to FY 2019. The program is set to expire on October 31, 2018. Non-Tax 9/1/2016  Uknown.  Unknown.
California Reduced income-related taxes on certain health plans. Specified income excluded from gross income for purposes of corporate income taxation. This is part of state's Managed Care Organization (MCO) tax package, passed during special session in early 2016. This reduction is set to expire on June 30, 2019. Corporate Income 7/1/2016  -$90.0 -$90
California Enacted a tax on certain Managed Care Organization (MCO) providers. The tax consists of various taxing tiers and per enrollee amounts.  The net effect on revenue reflects the sum of gross tax revenue and a reduction for the amount paid back to MCOs through increased MediCal managed care payments. This is part of the MCO tax package and is set to expire on June 30, 2019. Health Care 7/1/2016 $1,100.0 $1,700.0
California Reduced income-related taxes on certain health plans. This change affects certain premium income of health plan related insurers. The tax rate has been reduced from 2.35 percent to 0 percent. This is part of the MCO tax package and is set to expire on June 30, 2019. Other 7/1/2016  -$210.0 -$350.0
California Proposition 56-Increased cigarette tax by $2.00 per pack, with equivalent increase on other tobacco products and electronic cigarettes containing nicotine. This increase is expected to raise $1.4 billion in new revenue in FY 2018. Of this total, it is estimated that $24 million will come from taxes on electronic cigarettes. Tobacco Passed on 11/8/2016 takes effect 4/1/2017 $368.0 $1,400.0
California Proposition 55-Extended by 12 years the temporary personal income tax increases enacted in 2012 on earning over $250,000 (for single filers; over $500,000 for joint filers; over $340,000 for heads of household). Extention will not take effect until tax year 2019. No change in taxpayer liability. Personal Income 11/8/2016 N.A. N.A.
California Proposition 64- Exempted certain sales of medical marijuana from state sales tax.  Passed as part of Proposition 64 legalizing the use of recreational marijuana. Sales 11/8/2016  -$30.0 $30.0
California Proposition 64- Legalized marijuana and hemp under state law. Designated state agencies to license and regulate marijuana industry. Imposed state excise tax on retail sales of marijuana equal to 15 percent of sales price, and state cultivation taxes on marijuana of $9.25 per ounce of flowers and $2.75 per ounce of leaves. Exempts medical marijuana from some taxation. This measure also allows for local regulation and taxation of marijuana. The legalization is estimated to raise $560 million in new revenue in FY 2019 and out years. Other 11/8/2016 $0.0 $0.0
California Increased hazardous waste permitting fees, in part to address permitting backlogs at the Department of Toxic Substances Control. Fee N.A. $3.6   Specific Estimate not available. 
California Extended hospital quality assurance fee for one year to January 1, 2018. No change in taxpayer liability. Fee 1/1/2017 N.A.  $                   850.0
Colorado Extended the number of years, from two to five years, in which the Colorado Housing and Finance Authority (CHFA) may allocate low-income housing income tax credits for the development of low-income housing. The bill decreases revenue by a total of $90 million spread out over 12 tax years. The program is set to expire on Jan. 1, 2020. No change in taxpayer liability. Corporate Income Tax Year 2017 $0.0 -$1.5
Colorado Increased fees for drivers licenses and related services. Fee N.A. $1.1 $1.9
Colorado Created a monthly surcharge on all mobile wireless and Voice-over-Internet Protocol (VoIP) subscribers of 5 cents per line per month (60 cents per year).  The additional surcharge revenue will be used to cover annual appropriations to the Reading Services for the Blind Cash Fund in the Colorado Department of Education (CDE) and the Colorado Commission for the Deaf and Hard of Hearing Cash Fund in the Department of Human Services (DHS). Fee 8/10/2016 $2.2 $2.2
Colorado Created a surcharge of  $1.00-$2.00 (determined administratively) on all documents that a county clerk and recorder retains for recording or filing certain documents related to real estate deeds or tax liens.  Fee revenue goes to an enterprise fund in the Secretary of State’s Office and is exempt from the state’s constitutional revenue limit.  The surcharge repeals on Dec. 31, 2021. Fee 1/1/2017 $0.9 $1.8
Connecticut Postponed the sunset of the Angel Investor Tax Credit. No change in taxpayer liability. Personal Income 7/1/2016  -$3.0 -$3.0
Connecticut Adopted a sales tax exemption for feminine hygiene products and disposable or reusable (non-adult) diapers. This exemption removes approximately $7.8 million from the tax base beginning on July 1, 2018. Sales 7/1/2018 $0.0 -$7.8
Connecticut Adopted legislation which allows municipalities to impose an independent admissions tax (excluding non-profit entities). The tax can be up to 5 percent except for the new Dunkin' Donuts park in Hartford which can tax up to 10 percent. Property 6/1/2016 N.A. N.A.
Connecticut Increased the cap on motor vehicle mill rates from 32 to 37 mills for the 2015 assessment year and 29.36 mills to 32 mills for the 2016 assessment year and thereafter. The initiative began in last year’s budget to designate a portion of the state sales tax to offset the municipal cost of this new cap on motor vehicle mill rates.  The FY 2017 Revised Budget appropriates funds for this purpose while temporarily eliminating the sales tax diversion. Property 6/1/2016 N.A. N.A.
Connecticut Capped probate court fees at $40,000 total for settling estates valued at $8.877 million. This change impacts the Probate Court Administration Fund and partially reversed a policy in last year’s budget that eliminated the $12,500 cap on estates over $2 million. Fee 7/1/2016  -$4.5 -$4.5
Delaware Delaware Competes Act. Adopted a change in income apportionment calculation. Corporate Income 12/31/2016  -$8.2 -$17.6
Delaware Delaware Commitment to Innovation Act. Enacted a tax credit for research and development. Corporate Income 12/31/2016 $0.0 -$3.5
Florida Conformed with federal tax code. (Adopted Section 179 Expending Internal Revenue Code). Corporate Income 1/10/2016 (Retroactive)  -$3.2 -$1.5
Florida Enacted a phase-out of the asphalt tax. Sales 7/1/2016  -$0.5 -$1.0
Florida Enacted a sales tax exemption for certain sales by Veteran Service Organizations. Sales 7/1/2016  -$1.2 -$1.4
Florida Adopted a Back-to-School sales tax holiday for calendar year 2016. Sales 7/1/2016  -$22.9 $0.0
Florida Expanded the medical use of cannabis. Sales 3/25/2016 $1.5 -$3.1
Florida Enacted a sales tax exemption for metal recyclers. Sales 7/1/2016  -$1.7 -$1.8
Florida Enacted a permanent sales tax exemption for manufacturing machinery and equipment. Sales 7/1/2016 $0.0 -$62.8
Florida Enacted a value adjustment board interest rate reduction from 12 percent to the prime rate. Property 7/1/2016 $5.7 $5.0
Florida Constitutional Amendment 5-Revised the homestead tax exemption that may be granted for certain senior, low-income, long-term residents to specify that just value is determined in the first tax year the owner applies and is eligible for the exemption. The state estimated a revenue reduction between $0.5 million and $1.6 million in FY 2017, depending on the number of municipalities to adopt the exemption. Property 11/8/2016 N.A. N.A.
Florida Constitutional Amendment 3- Authorized a first responder, who is totally and permanently disabled as a result of injuries sustained in the line of duty, to receive relief from ad valorem taxes assessed on homestead property. The local revenue impact is indeterminate. Property 11/8/2016 N.A. N.A.
Florida Adopted an out -of-state fee waiver for active duty service members. Fee 7/1/2016  -$1.0 -$1.1
Florida Enacted a concealed weapon license fee reduction. Fee 7/1/2016  -$3.5 -$2.8
Florida Enacted fingerprint retention fees. Fee 7/1/2016 $1.3 $1.1
Florida Corporate income tax due date changes. Non-Tax 5/1/2017  -$13.7  Indeterminate.
Georgia Conformed to the federal tax code by enacting an exclusion for discharged home mortgage debt. Personal Income 2/23/2016  -$9.1 -$0.8
Georgia Conformed to the federal tax code by adopting mortgage insurance premiums as a deductible. Personal Income 2/23/2016  -$4.8 -$0.5
Georgia Conformed to the federal tax code by updating other miscellaneous items less than $5.00 per year. Personal Income 2/23/2016  -$19.7 -$12.9
Georgia Adopted an income deduction for contribution to college savings plans for married taxpayers filing jointly. Personal Income 5/3/2016  -$2.0 -$2.3
Georgia Enacted personal tax credits for contributions to "rural hospital organizations" and "critical access hospitals". Personal Income 1/1/2017  -$25.0 -$55.0
Georgia Enacted personal tax credits for land donated to the state for conservation use. These credits are set to expire on Dec. 31, 2021. Personal Income 1/1/2016  -$17.2 -$17.2
Georgia Enacted corporate tax credits for contributions to "rural hospital organizations" and "critical access hospitals". Corporate Income 1/1/2016 N.A. N.A.
Georgia Enacted corporate tax credits for land donated to the state for conservation use. These credits are set to expire on December 31, 2021. Corporate Income 2/23/2016 N.A. N.A.
Georgia Conformed to federal tax code by updating research tax credit. Corporate Income 2/23/2016  -$43.1 -$45.5
Georgia Conformed to federal tax code by updating limitation in Section 179 to $500,000, expensing made permanent. Corporate Income 2/23/2016  -$46.2 -$28.9
Georgia Extended sales tax exemption for construction of competitive projects of regional significance. The exemption is now set to expire on June 30, 2019. No change in taxpayer liability. Sales 7/1/2016 N.A. N.A.
Georgia Created a sales tax exemption on admission to non-recurring major sporting events. This is expected to generate at least $50 million in state revenue. The tax exemption is set to expire on Dec. 31, 2022. Sales 7/1/2016  -$0.9 -$2.6
Georgia Adopted a sales tax holiday on energy efficient products. The tax holiday was valid from Sept. 30, 2016 to Oct. 2, 2016. Sales 9/30/2016  -$1.0 $0.0
Georgia Adopted a Back-to-School sales tax holiday on July 30, 2016. Sales 7/30/2016  -$42.0 $0.0
Hawaii Adopted an organic food production credit. The credit is set to sunset in December 2021. Personal Income 1/1/2017-12/31/2021  -$2.0 -$2.0
Hawaii Adopted a renewable fuels income tax credit. The credit is set to sunset in December 2021. Personal Income 1/1/2017-12/31/2021  -$3.0 -$3.0
Hawaii Low-Income Housing Tax Credits (LIHTC) Acceleration. The acceleration is set to terminate in December 2021. Non-Tax 1/1/2017-12/31/2021 $0.0 $0.0
Idaho Conformed with federal tax code. Personal Income 7/1/2016  -$28.7 -$28.7
Idaho Adopted a surcharge for penalties directed to General Fund rather than specific purposes. Fee 7/1/2016 $2.9 $2.9
Indiana Phased in rate reduction of the individual income tax from 3.4 percent in tax year (TY) 2014 to 3.23 percent in TY 2017. Changed rate from 3.4 percent to 3.3 percent in TY 2015 and TY 2016 and 3.23 percent in years after that. Original legislation enacted in 2013 legislative session. Personal Income The new phased down rate is effective at the beginning of each tax year.  -$197.4 -$270.3
Indiana Conformed to federal tax code. Personal Income 1/1/2016  -$15.4 -$12.2
Indiana Expanded eligibility for dependent exemption, effective Jan. 1, 2018. Personal Income 1/1/2018 $0.0 $0.0
Indiana Phased in reduction of corporate income tax from 8.5 percent in FY 2012 to 6.5 percent in FY 2016, originally adopted in the 2011 legislative session. In the 2014 session, the corporate income tax rate was further phased down from 6.5 percent in FY 2016 to 4.9 percent in FY 2022 and thereafter. The rate for FY 2017 is 6.25 percent to be phased down to 6.0 percent in FY 2018. Corporate Income The new phased down rate is effective at the beginning of each fiscal year.  -$167.6 -$193.5
Indiana Phased in reduction of financial institution tax (FIT) from 8.5 percent in calendar year (CY) 2013 to 6.5 percent in CY 2017. The original legislation was adopted in the 2013 session and the law also changed the distributions of the FIT revenues. In 2014 Session the FIT rate was further phased down from 6.5 percent in CY 2018 to 4.9 percent in CY 2023 and thereafter. The rate for CY 2017 and CY 2018 will be 6.5 percent. Corporate Income The new phased down rate is effective at the beginning of each calendar year.  -$32.3 -$26.3
Indiana Expanded the eligibility for the Industrial Recovery tax credit. Corporate Income 1/1/2017 N.A. -$1.7
Indiana Extended the Venture Capital Investment tax credit to Dec. 31, 2020. No change in taxpayer liability. Corporate Income 1/1/2015 N.A. -$5.4
Indiana Extended the Hoosier Business Investment tax credit to Dec. 31, 2020. No change in taxpayer liability. Corporate Income 1/1/2015 N.A. -$8.9
Indiana Enacted a requirement that contractors collect sales tax on the retail price of construction materials under time and materials contracts. This change reverses a tax court decision that would have required the Department of Revenue to issue refunds. Previously, use tax was due on the wholesale price of these construction materials. Sales 1/1/2010 (retroactive) $7.9 $7.9
Indiana Enacted a requirement that a person who rents rooms in a house, condo, or apartment for less than 30 days must collect sales tax. Sales 7/1/2017  Indeterminate, but a potentially significant increase.  Indeterminate, but a potentially significant increase.
Indiana Adopted a sales tax exemption for legal tender, coins, and bullion. Sales 7/1/2016  -$1.5 -$1.5
Indiana Enacted a Farmland Base Valuation per Acre Formula Change Property 1/1/16 Valuation; CY 2017 Taxes  -$1.71 -$7.0
Iowa Conformed with federal tax code. Tax Year 2015 only. Personal Income Tax year 2015 $23.0 $0.0
Iowa Extended the solar energy tax credit. The credit now expires after tax year 2021. Personal Income Tax Year 2016 $0.0 -$2.5
Iowa Enacted a new version of the Geothermal Energy tax credit. Personal Income 1/1/2017 $0.0 -$1.5
Iowa Enacted a renewable chemical tax credit. The negative revenue impact begins FY 2019 with an expected net revenue of -$92.5 million between FY 2019 and FY 2031. This credit is offset by reductions in other tax credits. Corporate Income 7/1/2019 $0.0 $0.0
Iowa Expanded the definition of sales tax exempt manufacturing consumables. Sales 7/1/2016  -$21.3 -$22.4
Iowa Extended the Environmental Protection Charge for motor fuel taxes. The $0.01 per gallon tax was extended six months and expired on December 31, 2016. No change in taxpayer liability. Motor Fuel 7/1/2016 $7.0 $0.0
Kansas Effective date of e-cigarette tax decelerated from July 1, 2016 to January 1, 2017. Tobacco 7/1/2016 $0.0 -$1.0
Kansas Accelerated effective date of property tax lid from 2018 to 2017. Scheduled to affect cities and counties in the Summer of 2017. Property 7/1/2017 $0.0 $0.0
Kansas Enacted new fees of $3.25 annually for each vehicle to increase highway patrol and law enforcement training funding. Increased fee from $39.00 to $42.25. Fee 7/1/2016 $9.1 $0.0
Kentucky Created a felony record expungement petition filing fee. The fee is $500.00. Fee 7/15/2016 $1.0 $1.0
Louisiana Increased the excise tax rates on beer and other alcoholic beverages. Inventories on hand are not subject to the rate increase. Alcohol 4/1/2016 $19.2 $19.3
Louisiana Reinstated a 3 percent excise tax on short-term automobile rentals, with a 2.5 percent tax for state government and a 0.5 percent tax for local entities. Other 4/1/2016 $5.0 $5.0
Louisiana Expanded the corporate franchise tax to other forms of business organizations other than traditional C-corporations. The bill also provided an exception for subsidiaries of S-corps purchased between Jan. 1, 2012 and Jan. 1, 2014. Corporate Income 1/1/2017 $10.3 $89.3
Louisiana Imposed various limitations to the Enterprise Zone Program, with accumulating state revenue gains as program costs are diminished. Corporate Income 3/10/2016 $0.0 $2.0
Louisiana Increased the state sales tax rate by one percent on the traditional base of transactions. It also subjected various formerly exempt transactions to the new levy. This tax increase is set to expire on June 30, 2018. Sales 4/1/2016 $880.6 $880.6
Louisiana Passed legislation which subjects formerly exempt transactions to the state sales tax. This measure is set to expire on June 30, 2018. Sales 4/1/2016 $272.3 $272.3
Louisiana Capped vendor compensation to dealers remitting state sales tax at $1,500 per month ($18,000 per year), and compensation is only allowed on the original four percent sales tax rate. Sales 4/1/2016 $14.6 $14.6
Louisiana Expanded the definition of hotel to include establishments with any number of rooms including residential locations furnished to transient guests. The receipts are received by the general sales tax, but are generally dedicated to the local area from which they are generated. Sales 7/1/2016  Increase  Increase
Louisiana Renewed a one percent state sales tax on interstate telecommunications services. No change in taxpayer liability. Sales 4/1/2016 N.A. N.A.
Louisiana Increased tax on cigarettes by $0.22 per pack from $0.86 per pack to $1.08 per pack. Tobacco 4/1/2016 $46.0 $46.0
Louisiana Made a 5 percent reduction in the investment tax credit against premium tax that is available to insurers based on the share of admitted assets they hold in various Louisiana investments. This is effective for premium years 2016 and 2017. Also, imposed a 6 percent tax on premiums of health maintenance organizations participating in the State Bayou Health Program, which provides health care services to low-income populations. Other Effective for premium years 2016 and 2017 $8.3 $8.6
Louisiana Permanently reduced the Citizens Assessment credit to 25 percent of the assessment paid on insurance policies. The credit is already reduced to 72 percent through FY 2018, then was scheduled to return to 100 percent after that. Personal Income N.A. $17.0 $21.2
Louisiana Imposed a minimum five-year in-state domiciled requirement before gains from a sale of controlling interest in a business qualifies for a deduction from taxable income. The minimum deduction is 50 percent of the gains, climbing to 100 percent of the gain if held for 30 years or more. Personal Income N.A.  Increase  Increase
Louisiana Increased the premium tax on health maintenance organizations from 2.25 percent to 5.5 percent effective for calendar year 2016. Roughly 90 percent of these receipts will be dedicated to the Medical Assistance Trust Fund Health Care N.A. $87.0 124.0
Louisiana Exempted health maintenance organizations (HMOs) from the reduction in the investment tax credit against premium tax liabilities that was enacted in Act 10 of 2016 Extraordinary Session 1 for FY 2017 and FY 2018. Health Care N.A.  -$1.3 -$1.3
Louisiana Amendment 4-Authorized an exemption from ad valorem property tax for the total assessed value of the homestead of an unmarried surviving spouse of a person who died while on active duty as a member of the armed forces of the United States or the Louisiana National Guard, or while performing their duties as a state police, law enforcement, or fire protection officer. The effect on the homestead property tax base may still be relatively small, but the bill can only result in a reduction of that tax base. Combined with other changes in assessed valuation across property types, the result of the bill may be primarily a redistribution of the tax burden away from properties afforded this exemption and onto other properties as millages are adjusted in local jurisdictions. Property 11/8/2016 N.A. N.A.
Louisiana Modified the refundability of inventory credit by establishing a tiered structure that effectively reduces the aggregate amount of credit that is refundable in excess of offsetting tax liabilities. Credit Balances not refundable are allowed a five-year carry-forward against future tax liabilities. Applicable to all tax returns filed on and after July 1, 2016. Corporate Income 7/1/2016 $17.30 $17.30
Louisiana Modified the refundability of inventory credit available to manufacturers with ad valorem industrial tax exemption benefits. Credit available in excess of tax liabilities are not to be refunded, but are allowed a five-year carry-forward against future tax liabilities. Applicable to all tax returns filed on and after July 1, 2016. Corporate Income 7/1/2016 $57.00 $57.00
Louisiana Medicaid expansion increased premium tax collections at the existing 2.25 percent tax rate. These receipts will be dedicated to the Medical Assistance Trust Fund. Health Care N.A. $23.8 $59.6
Louisiana Medicaid expansion increased premium tax collections as a result of the 3.25 percent tax rate increase on health maintenance organizations from 2.25 percent to 5.5 percent effective for calendar year 2016. These receipts will be dedicated to the Medical Assistance Trust Fund. Health Care N.A. $34.5 $86.1
Louisiana Reduced aggregate interest payments on overpayments of tax by starting payments 90 days after the later of the tax return due date, the return filing date, or payment date. Realized as an increase in net tax collections. Composed primarily of corporate tax, 75 percent; sales tax, 20 percent; and severance tax/others, 5 percent. Some small amount accrues to dedications. Non-Tax N.A. $16.7 $20.0
Louisiana Expanded the definition of dealer by establishing a nexus through affiliate arrangements involving independent contractor or other relationships. This was done in an attempt to provide enforcement and compliance from remote sellers. Additional collections from remote or online sellers is possible, but material compliance and collections are not expected. Non-Tax N.A.  Increase  Increase
Louisiana Reduced the discounts provided for timely filing and remittance of excise taxes on cigarettes and other tobacco products. Non-Tax 4/1/2016 $2.2 $2.2
Louisiana Authorized the Department of Health to increase the per bed per day fee charged to nursing facilities. Fee N.A. $16.9 $16.9
Louisiana Authorized the Department of Health to establish a provider fee for emergency ground ambulance service providers. Fee N.A. $2.5 $2.5
Maine Partially conformed with changes in the federal tax code. Personal Income 3/10/16 for tax years beginning on or after 1/1/15  -$12.7 -$6.3
Maine Expanded the educational opportunity income tax credit, which is a credit for repayment of student loans. Personal Income 4/16/16 for tax years beginning on or after 1/1/16  -$0.4 -$1.0
Maine Partially conformed with changes in the federal tax code. Corporate Income 4/16/16 for tax years beginning on or after 1/1/16  -$6.7 -$6.4
Maine Adopted a sales tax exemption for fuel used in commercial agriculture, aquaculture, fishing, and wood harvesting. Sales 1/1/2017  -$3.5 -$10.0
Maine Question 2- Enacted a 3 percent surcharge on taxable income of $200,000 beginning with tax years on or after January 1, 2017. Revenue from this tax will be placed in the Fund to Advance Public Kindergarten to Grade 12 Education. This fund was established for the purpose of improving the ability of the state to reach the annual target of 55 percent for the state share of funding K-12 public education. Personal Income 11/8/2016 $43.8 $150.4
Maine Legalized possession and use of marijuana by a person 21 years of age or older. The bill places a sales tax of 10 percent on retail marijuana and retail marijuana products. Sales 11/8/2016 $2.7 $10.5
Maryland Adopted a refundable credit for up to $5,000 for qualified student loan debt. Personal Income 07/01/16    $0.0 -$5.0
Maryland Enacted a credit for businesses operating a qualifying aerospace, electronics, or defense contract tax credit project. The credit is equal to $250 per qualified employee, subject to a $2.5 million maximum value per project. The credit is set to expire on June 30, 2021. Corporate Income 7/1/2016  -$7.5 -$7.5
Maryland Altered and extended the Heritage Structure Rehabilitation Tax Credit. This tax credit is now set to expire on July 1, 2022. Corporate Income 6/1/2016 $0.0 -$9.3
Maryland Enacted a sales tax exemption for construction material or warehousing equipment purchased for use in certain qualified redevelopment projects. This exemption is set to expire on Sept. 30, 2026. Sales 10/1/2016  -$1.0  Indeterminate, but revenue decrease is assumed to exceed $1 million annually.
Maryland Adopted a property tax exemption for certain cranes located on state property. Property 6/1/2016 N.A. N.A.
Maryland Altered the calculation of the annual interest rate set for tax deficiencies and refunds Non-Tax 7/1/2016  -$2.1 -$8.0
Maryland Reduced birth and death certificate fees from $24.00 to $10.00. Fee 7/1/2016  -$3.6 -$3.1
Massachusetts Adopted an Earned Income Tax Credit. Personal Income N.A.  -$74.0  Unclear.
Massachusetts Reduction of income tax rate by 0.05 percent from 5.15 percent to 5.10 percent effective Jan. 1, 2016. This is part of a larger reform in which the rate is scheduled to be gradually reduced by 0.05 percent increments contingent on baseline tax revenue growth. The trigger was not met for a reduction in 2017. Personal Income 1/1/2016  -$152.0 -$152
Massachusetts Legalized possession and use of marijuana by a person 21 years of age or older. Retail marijuana is subject to the state sales tax with an additional 3.75 percent excise tax. Local municipalities are given the option of adding an additional 2 percent tax. Other 11/8/2016  Retail stores set to open July 2018. Out-year fiscal impact unknown. N.A.
Michigan Repealed the Insurance Tax Credit. Corporate Income 7/13/2016 $80.0 $80.0
Michigan Reduced the state use tax in order to create a local use tax. This measure is part of a personal property tax reform package adopted in 2012 to reimburse local units for revenue. The combined state and local tax rate remains at 6 percent. Sales 10/1/2015 (legislation adopted in 2012)  -$380.9 -$410.8
Michigan Extended the sunset on the cap on the maximum tax applied to a cigar. No change in taxpayer liability. Tobacco 10/1/2016-10/31/2021 N.A. N.A.
Michigan Raised the gas tax rate from $0.19/per gallon to $0.26/per gallon as part of a transportation funding package enacted in November 2015. Motor Fuel 1/1/2017 $135.7 $212.8
Michigan Raised the tax rate for diesel fuels from $0.15/per gallon to $0.26/per gallon as part of a transportation funding package enacted in November 2015. Motor Fuel 1/1/2017 $69.0 $92.9
Michigan Modified the treatment of certain property under the Essential Services Assessment. This is related to a personal property tax reform adopted in 2012 and adds provisions to address value construction in progress property at half of acquisition cost. Also, it adds provisions to address property currently exempt under an industrial facilities certificate that will be exempt under personal property exemptions. Property 5/10/2016 N.A. N.A.
Michigan Changed the rate of record lookup fees for the Secretary of State from $8.00 to $11.00. Fee N.A. $14.1 $14.1
Michigan Changed the rate of motor vehicle registration fees. Fees vary, but are now generally 20 percent higher than the old rate. This was part of a larger transportation funding package enacted in November 2015. Fee 1/1/2017 $158.4 $215.9
Minnesota Enacted a Military Pension Subtraction. Personal Income 1/1/2016  -$22.6 -$23.7
Minnesota Extended the Small Business Investment Tax Credit for one additional year. No change in taxpayer liability. Personal Income 1/1/2017 $0.0 -$10.0
Minnesota Altered the sales tax on modular homes to 6.5 percent of the invoice price. Sales 6/30/2016  -$1.0 -$1.1
Mississippi Enacted the Taxpayer Pay Raise Act of 2016.  This bill phases out  personal income tax on the first $5,000 of taxable income over a five year period beginning in calendar year 2018. Changes from three percent on the first $5,000 of taxable income to zero percent on the first $5,000 of taxable income once the 5 year phase-in is complete. This is part of a larger reform measure which also phases out the franchise tax, phases out the three percent rate on corporate income, and provides a self-employment tax deduction. Personal Income 1/1/2016 $0.0 -$14.4
Mississippi Enacted the Taxpayer Pay Raise Act of 2016.  This bill phases out corporate income tax on the first $5,000 of taxable income over a five year period beginning in calendar year 2018. Changes rate from three percent on the first $5,000 of taxable income to zero percent on the first $5,000 of taxable income once the 5 year phase-in is complete. Corporate Income 1/1/2016 $0.0 -$0.24
Mississippi Enacted the Taxpayer Pay Raise Act of 2016.  This legislation phases out Franchise Tax over a 10 year period. The phase out begins in calendar year 2019. Corporate Income 1/1/2016 $0.0 $0.0
Mississippi Enacted the Taxpayer Pay Raise Act of 2016.  This legislation provides a self-employment tax deduction beginning in calendar year 2017.  This deduction is based on self-employment taxes imposed and will be implemented as follows:  17 percent of federal self-employment taxes imposed for taxable years ending in calendar year 2017; 34 percent of federal self-employment taxes imposed for taxable years ending in calendar year 2018; and 50 percent of federal self-employment taxes imposed for taxable years ending in calendar year 2019 and thereafter. Corporate Income 1/1/2016 $0.0 -$3.4
Mississippi Provided a tax credit for inventory taxes paid.  This is phased in over a four year period beginning in FY 2014.  FY 2014 -$7 million, FY 2015 -$14 million, FY 2016 -$21 million and FY2017 -$126 million. These figures represent the cumulative loss in revenue per Department of Revenue. Originally enacted during the 2012 regular session. Corporate Income 7/1/2013  -$84.0 $0.0
Mississippi Clarified that certain sales to schools under federal programs are exempt and revised the exemption for durable medical equipment. Sales 7/1/2016  Unable to determine fiscal impact.  Unable to determine fiscal impact.
Missouri Continued a phase-in reduction of top bracket to 5.5 percent from 6 percent by 0.1 percent increments annually. Continued phase-in of a 25 percent deduction of business income by 5 percent increments annually. Increased personal exemption by $500 for Missouri adjusted gross incomes less than $20,000. Adjusts brackets for inflation annually. This legislation was originally enacted in 2014. Personal Income 1/1/2017  -$72.5 -$145.7
Missouri Enacted an exemption for payments from agricultural disaster programs. Personal Income 1/1/2014  -$12.0 N.A.
Missouri Adopted an exemption for income from individuals in the active duty military service. Personal Income 1/1/2016  -$3.0 -$3.6
Missouri Allowed for a 50 percent deduction for costs related to business relocation to Missouri and expanded Brownfield tax credit Personal Income 1/1/2016 for deduction and 7/1/2017 for Brownfield  -$0.8 -$6.0
Missouri Amendment 4- Amended the Missouri Constitution to prohibit a new state or local sales/use or other similar tax on any service or transaction. This amendment only applies to any service or transaction that was not subject to a sales/use or similar tax as of January 1, 2015. Sales 11/8/2016 $0.0 $0.0
Missouri Amendment 1-Extended for 10 years the 0.1 percent sales and use tax that is used for soil and water conservation and for state parks and historic sites. This tax will be resubmitted to the voters for approval in 10 years. No change in taxpayer liability. Sales 11/8/2016 N.A. N.A.
Montana Implemented previously enacted tax credits for contributions to public and private schools. This change was made by a departmental ruling on a bill from the 2015 legislative session; the Montana legislature did not convene in 2016.         Personal Income 1/1/2016 $2.8 $2.8
Nebraska Enacted a school readiness tax credit. Personal Income 1/1/2017 $0.0 -$0.9
Nebraska Enacted various sales tax exemptions. Sales 4/19/2016  -$1.5 -$2.4
Nebraska Changed provisions of the Convention Center Facility Financing Assistance Act and the Sports Arena Facility Financing Assistance Act and adopted the Affordable Housing Tax Credit Act. Sales 10/1/2016  -$1.4 -$3.3
Nebraska Increased property tax credit appropriation (reduces funds available). Property 7/20/2016 $0.0 -$20.0
Nevada Question 2-Legalized possession and use of marijuana by a person 21 years of age or older. An excise tax of 15 percent is imposed on wholesale sales of marijuana. The existing state sales tax would apply to retail sales of marijuana. Net revenue generated from this tax will be used for the support of K-12 education. Other 11/8/2016  Indeterminant.  Indeterminant.
Nevada Question 4- Added new sections to the Nevada Constitution which exempt durable medical equipment, oxygen delivery equipment, and mobility enhancing equipment from the sales and use tax when such equipment is prescribed for human use by a licensed health care provider. Needs to be approved in 2018 General Election to become law. Sales 11/8/2016 $0.0 $0.0
New Hampshire Decreased Business Profits Tax  rate from 8.5 percent to 8.2 percent. Corporate Income 1/1/2016  -$12.0 -$14.9
New Hampshire Decreased Business Enterprise tax rate from 0.75 percent to 0.72 percent. Corporate Income 1/1/2016  -$9.1 -$12.4
New Hampshire Increased Research and Development tax credit from $2 million aggregate to $7 million aggregate. Corporate Income 7/1/2017 $0.0 $0.0
New Jersey Enacted a personal income tax exemption of $3,000 for veterans. Personal Income 1/1/2017 $0.0 -$23.0
New Jersey Increased the earned income tax credit from 30 percent to 35 percent of the federal credit. Personal Income 1/1/2016  -$62.0 -$63.5
New Jersey Enacted legislation to increase annually, in equal installments, the exclusion of pension income from $20,000 (married filing joint) to $100,000 in tax year 2020. Personal Income 1/1/2017 $0.0 -$75
New Jersey Increased  cap on Economic Redevelopment and Growth tax credits by $90 million. Corporate Income 9/7/2016 N.A. N.A.
New Jersey Decreased state sales tax rate from 7 percent to 6.875 percent for tax year 2017. This is part one of a two part phase-in. On January 1, 2018, the state sales tax rate will decrease from 6.875 percent to 6.625 percent as the second part of the phase-in of the new rate. Sales 1/1/2017  -$92.4 N.A.
New Jersey Expiration of the reduced tax rate of 50 percent of taxation in certain urban enterprise zones. The tax rate has returned to 100 percent of the original rate. Sales 1/1/2017 $10.0 $19.0
New Jersey Modified estate tax to increase the exclusion from $675,000 to $2.0 million as of January 1, 2017. The exclusion will increase to 100 percent of the estate beginning January 1, 2018. Other 1/1/2017  -$16.0 -$116.4
New Jersey Increased petroleum products gross receipts tax for highway fuels (excluding diesel) by 12.85 percent of 22.6 cents per gallon. The previous rate was 4 cents per gallon. Effective Nov. 1, 2016.  The gross receipts tax for diesel fuel will also increase to 70 percent of highway fuels tax rate effective Jan. 1, 2017, increasing to 100 percent of the rate on July 1, 2017. This  rate will be adjusted annually to cap revenue. This revenue estimate includes revenue from both highway fuel and diesel taxation. Motor Fuel 11/1/2016 $694.1 $1,159.6
New Jersey Increased the petroleum products gross receipts tax on non-highway fuel oil and non-fuel products. The rate was increased from 2.75 percent to 7 percent or 12.4 cents per gallon. The cents on the gallon calculation is adjusted quarterly based on price for fuel oil only. Motor Fuel 1/1/2017 $20.7 $31.1
New Jersey Increased the petroleum products gross receipts tax on diesel fuel. The increased rate will be phased-in between January 1, 2017 and July 1, 2017. The new rate will be 8 cents per gallon; the old rate was 4 cents per gallon. Motor Fuel 7/1/2017 $0.0 $39.6
New Mexico Extended and amended the Sustainable Building Tax Credit against the personal and corporate income tax. Extended the credit beyond current sunset of 12/31/2016 to 12/31/2026. This legislation was originally enacted in 2015. No change in taxpayer liability. Personal Income 1/1/2017 N.A. N.A.
New Mexico Reduced corporate income tax rate from 4.8-7.6 percent to 4.8-5.9 percent. Corporate Income 7/1/2016  -$70.5 -$70.5
New Mexico Continued five year phase-in of corporate income tax optional single sales factor apportioning for manufacturers. This legislation was originally enacted in 2013. Corporate Income 7/1/2016  -$45.3 -$45.3
New York Enacted legislation that will provide middle class taxpayers with a permanent twenty percent rate reduction over eight years. Changed rate from 6.85 percent to 5.5 percent and 6 percent. Fiscal impact is $4.2 billion annually when fully effective. Personal Income 1/1/2018 $0.0 -$236
New York Eliminated the existing STAR property tax exemption for new applicants and replaced with a refundable tax credit. The reduction in revenue is accompanied by a corresponding savings in spending making this change overall revenue neutral. Personal Income 1/1/2016  -$98.0 -$194
New York Extended for five years the Clean Heating Fuel Tax Credit. To qualify each gallon of clean heating fuel must be at least 6 percent biodiesel. The fiscal impact begins in FY 2019 with a revenue loss of $1 million annually. No change in taxpayer liability. Personal Income 1/1/2017 $0.0 $0.0
New York Enacted legislation to make the non-custodial parent earned income tax credit permanent. The fiscal impact begins in FY 2019 with a revenue loss of $4 million annually. Personal Income 1/1/2017 $0.0 $0.0
New York Created the Farm Workforce Retention Credit which allows farm employers to claim a refundable tax credit for each farm employee.  The purpose is to offset the impact of the minimum wage increase. The fiscal impact begins in FY 2019 with a revenue loss of $15 million and a revenue loss of $37 in FY 2023. Corporate Income 1/1/2017 $0.0 $0.0
New York Extended the Hire-A-Vet tax credit for 2 years. The fiscal impact takes effect in 2019 and 2020 with a revenue loss of $37 million for these years. This measure is now set to expire on December 31, 2018. No change in taxpayer liability. Corporate Income 1/1/2017 $0.0 $0.0
New York Authorized an additional $8 million in low-income housing credits to be allocated in FY 2017 through March 31, 2021. Corporate Income 1/1/2017 $0.0 -$8.0
New York Authorized an additional $30 million of tax credits for Urban Youth Tax Credits allocated in tax years 2016 and 2017. Extended the eligibility to non-metro areas. Corporate Income 1/1/2016 $0.0 -$30.0
New York Extended the Empire State Commercial Production Tax Credit for two years. The fiscal impact will take effect in FY 2019 and FY 2020 resulting in a revenue loss of $7 million for these years. The tax credit is now set to expire on December 31, 2018. No change in taxpayer liability. Corporate Income 1/1/2017 $0.0 $0.0
New York Made the Special Additional Mortgage Recording Tax refundable under corporate franchise tax for all taxpayers. Part of the technical cleanup from 2014 corporate tax reform Corporate Income Retroactive to 01/01/15  -$15.0  -$15.0
New York Extended the credit for purchasing or upgrading a for-hire vehicle for use by disabled individuals through 2022. The fiscal impact begins in FY 2019 and will result in a $5 million annual revenue loss. The credit is now set to expire on December 31, 2022. No change in taxpayer liability. Corporate Income 1/1/2017 $0.0 $0.0
New York Adopted an Alcohol Beverage Production credit to extend to wine, cider and liquor. Also includes a sales tax exemption for alcoholic beverages used for tastings. Alcohol 1/1/2016  -$1.0 -$3.0
New York Expanded eligibility for Economic Transformation and Revitalization Program credits to psych centers Corporate Income 4/13/2016 $0.0 -$2.0
New York Enacted a sales tax exemption for the purchase of fuel cells. Sales 6/1/2016  -$4.0 -$2.0
New York Extended the alternative fuels tax exemptions (sales tax, petroleum business tax, and motor fuel tax). These exemptions are set to expire on August 31, 2021. No change in taxpayer liability. Motor Fuel 9/1/2016 N.A. N.A.
New York Reduced the Highway Use Tax Registration and Decal fee. Reduced the rate from $19.00 to $1.50. Fee 4/13/2016  -$59.0 -$6.0
New York Allowed state flagship schools to increase out-of-state tuition by 10 percent. Fee 2016-17 academic year $22.0 $22.0
North Carolina Increased standard deductions by $2,000 over two years ($1,000 increase for each year) to a new limit of $17,500. Personal Income 1/1/2016  -$145.0 -$205.0
North Carolina Reduced corporate income tax rate from 4 percent to 3 percent as a result of legislation passed in 2015 that created a trigger for a one percent reduction in the corporate income tax the following tax year when the amount of net General Fund tax collected in a fiscal year exceeded $20,975,000. Corporate Income 1/1/2017 N.A. N.A.
North Carolina Modified sales tax base on repairs, maintenance, and installation. Sales 1/1/2017 $22.4 $49.8
North Carolina Enacted a sales and use tax exemption on Styrofoam pellets for wastewater system materials. Sales 1/1/2017  -$1.0 -$1.0
North Carolina Repealed a tax on automotive service contracts. Sales 1/1/2017  -$1.6 -$3.5
North Carolina Expanded mill machinery tax (1 percent per $80.00) to metal fabricators and secondary metal recyclers. Other 7/1/2016 $1.6 $1.8
North Dakota Continued phase-in of an alternate income apportionment method (single sales factor) for calculating the corporate income tax. Corporate Income 1/1/2015  -$7.5 -$25.0
North Dakota Exempted sales tax for the sale of internet access services. The tax rate is reduced from 5 percent to zero percent. Sales 7/1/2017 $0.0 -$10.0
Ohio Enhanced the motion picture tax credit. Corporate Income 7/1/2016  -$20.0 -$20.0
Ohio Adopted a sales tax holiday for three days in August, 2016. Sales 08/05/2016-08/07/2016  -$15.1 $0.0
Ohio Enacted a sales tax exemption for sales of natural gas by municipally owned gas company. Sales Applies retroactively  -$6.9 -$2.1
Oklahoma Placed a cap on the Investment/New Jobs tax credit. This cap is set to expire Dec. 31, 2018. This change affects both personal and corporate income tax revenues. Personal Income 11/1/2016 $2.0 N.A.
Oklahoma Enacted legislation which makes the state earned income tax credit non-refundable for all tax years after Jan. 1, 2016. Personal Income 11/1/2016 $24.8 N.A.
Oklahoma Enacted legislation to elimination the "Double Deduction" and require state and local income or sales taxes included in itemized deductions be added back to calculate Oklahoma taxable income (by subtracting them from itemized deductions. Effective for tax year 2016. Personal Income 1/1/2016 $83.3 N.A.
Oklahoma Placed a cap on the Investment/New Jobs tax credit. This cap is set to expire Dec. 31, 2018. This change affects both personal and corporate income tax revenues. Corporate Income 11/1/2016 $9.1 N.A.
Oklahoma Ended a gross production tax incentive for economically at-risk oil and gas leases. The measure limits the exemption to production from calendar year 2014 and provides that no claims for refunds will be paid after Dec. 31, 2016. Other 7/1/2016 $51.8 N.A.
Oklahoma Enacted a Tax Commission initiative to enhance enforcement on personal income tax collections. Non-Tax 8/26/2016 $3.1 $0.0
Oklahoma Enacted a Tax Commission initiative to enhance enforcement on corporate income tax collections. Non-Tax 8/26/2016 $2.2 $0.0
Oklahoma Reduced time for filing claims for sales tax refund of erroneous payments. Non-Tax 8/26/2016 $8.4 $0.0
Oklahoma Enacted a Tax Commission initiative to enhance enforcement on sales and use tax collections. Non-Tax 8/26/2016 $22.4 $0.0
Oklahoma Enacted a Tax Commission initiative to enhance enforcement of miscellaneous tax collections. Non-Tax 8/26/2016 $10.5 $0.0
Oklahoma Reissued the official state license plate with a new license plate design. Fee 8/26/2016 $13.0 $0.0
Oregon Expanded the earned income tax credit. The new rate applies only to taxpayers with dependents 2 years old or younger. Increased from 8 percent of federal credit to 11 percent of federal credit. The entire credit is set to sunset on Jan. 1, 2020. Personal Income 1/1/2017 $0.0 -$5.0
Oregon Increased the annual cap for the  film & video tax credit from $10 million to $14 million. The entire credit is set to sunset on Jan. 1, 2022. Personal Income 1/1/2016  -$1.8 -$4.0
Oregon Modified and extended the corporate income tax credit for biomass production. Decreased the credit from $5 per wet ton to $3.50 per wet ton. The entire credit is set to sunset on Jan. 1, 2022. Corporate Income 1/1/2016 $1.6 -$4.3
Oregon Increased the rate of the statewide transient lodging tax from 1 percent to 1.8 percent. Other 7/1/2016 $13.6 $14.4
Pennsylvania Expanded the tax base to include Pennsylvania Lottery winnings on cash prizes. Non-cash prizes of Pennsylvania Lottery remain exempt. Personal Income 1/1/2016 $15.8 $13.6
Pennsylvania Imposed a sales tax on digital downloads of books, music, photographs, games, audio, apps, canned software, satellite radio, and streaming video and audio Sales 8/1/2016 $46.9 $59.2
Pennsylvania Exempted the business of producing or harvesting trees for commercial production of wood, paper, or energy products from sales tax. Sales 7/1/2017 $0.0 -$2.5
Pennsylvania Introduced a cap on the current one percent vendor discount on timely filed returns. It is now capped at $300 per year or one percent of remittance, whichever is smaller. Business with taxable sales of $500,000 or less are not affected. Sales 8/1/2016 $55.5 $69.2
Pennsylvania Increased tax on cigarettes by $1.00 per pack from $1.60 per pack to $2.60 per pack. Tobacco 8/1/2016 $431.1 $446.6
Pennsylvania Introduced a $0.55 per ounce tax on alternative tobacco products such as smokeless tobacco and roll-your-own cigarettes with a floor minimum weight of 1.2 ounces. Tobacco 10/1/2016 (alternative tobacco); 12/1/2016 (roll-your-own cigarettes) $51.3 $81.9
Pennsylvania Enacted a tax on e-cigarettes of 40 percent of the wholesale price imposed on vapor producing devices and liquid cartridges. Tobacco 10/1/2016 $13.3 $21.3
Pennsylvania Increased the Bank Shares Tax rate from 0.89 percent to 0.95 percent for the calendar year beginning January 1, 2017 and each year thereafter. Other 1/1/2017 $23.5 $24.8
Pennsylvania Introduced the Bank Shares Tax Edge Act Exclusions. Banks can exclude 20 percent of the book value of total equity capital of foreign subsidiaries from taxable income for the year beginning January 1, 2018. There is a five-year phase-in allowing an additional 20 percent exclusion each year. Other 1/1/2018 $0.0 -$2.9
Pennsylvania Adopted numerous changes to various tax credit programs. Other Varies  -$20.9 -$49.3
Pennsylvania In addition to the current table games tax of 12 percent, the state adopted a separate two percent tax on gross table game revenue. This additional rate will sunset in three years on June 30, 2019. Other 8/1/2016 $16.8 $17.7
Pennsylvania Established a tax refund program for sales tax paid on computer data center equipment purchases for qualified centers. The program is capped at $5 million Other 7/1/2017 $0.0 -$5.0
Pennsylvania Introduced non-recurring liquor modernization revenue through licensee surcharges, auctioning of restaurant licenses, and casino license fees. Fee 8/8/2016 $73.2 $0.0
Pennsylvania Introduced a tax amnesty program. During a 60 day period within 2016/2017, delinquent taxpayers will be able to have penalties and 50 percent of interest waived on delinquencies that existed prior to December 31, 2015. Non-Tax 7/13/2016 $100.0 -$25.0
Rhode Island Exempted first $15,000 of pension income, with qualifications. Personal Income 1/1/2017  -$6.3 -$13.0
Rhode Island Increased the earned income tax credit to 15 percent of federal rate. The previous rate was 12.5 percent. Personal Income 1/1/2017  -$2.7 -$5.5
Rhode Island Reduced the annual corporate minimum tax. This is the second consecutive budget to reduce minimum tax. The old minimum was $450, the new minimum is $400. Corporate Income 1/1/2017  -$1.6 -$3.2
Rhode Island Enhanced collections for income and sales, fraud and waste IT system. Non-Tax 7/1/2016 $5.0 $5.0
Rhode Island Enhanced compliance on retaliatory assessments for insurance tax. Non-Tax 7/1/2016 $1.1 $1.1
Rhode Island Added additional staff and enhanced collection for personal income, business, and sales tax. Non-Tax 7/1/2016 $3.4 $3.4
Rhode Island Conducted a corporate tax intercompany transfer pricing audit. Non-Tax 7/1/2016 $6.7 $0.0
Rhode Island Reduced the beach fees. Fee 7/1/2016  -$1.3 -$1.8
South Carolina Conformed to federal tax code. Personal Income 4/21/2016  -$7.8 N.A.
South Carolina Adopted an income tax credit for qualified new jobs in the agricultural packaging industry. The credit varies based upon county designation. Personal Income 6/8/2016 N.A. -$1.5
South Carolina Adopted an income tax deduction for military retirement benefits attributable to active duty service. Deduction is equal up to $17,500 of earned income for taxpayers under age 65. Personal Income 1/1/2016  -$6.5 -$9.9
South Carolina Adopted an income tax deduction for the construction, purchasing, or leasing of qualified solar energy property. May not exceed $2.5 million for all taxpayers. The deduction is set to expire on Dec. 31, 2017. Personal Income 1/1/2016  -$2.5 -$2.5
South Carolina Adopted an income tax credit for 25 percent of the cost of purchase and installation of certain geothermal machinery and equipment. The credit may not exceed $3,500 for each facility. This credit is set to expire on Jan. 1, 2019. Personal Income 1/1/2016  -$1.0 -$1.0
South Carolina Removed the 5 percent sales tax surcharge on car rentals and heavy equipment rentals. Sales 1/1/2017  -$1.9 N.A.
South Carolina Enacted an additional five years of eligibility for a multiple lot discount in certain circumstances for undeveloped acreage in subdivision lots. Old rate was fair market value of property, new rate is fair market value less interest rate charged by developers when the purchase is financed by the developer. Eligible properties in TY2009 to TY2011. This measure will sunset on Dec. 31, 2016. Property 6/6/2016 N.A. N.A.
South Dakota Increased state sales tax rate by 0.5 percent, from 4 percent to 4.5 percent. This provided additional money for teacher salaries and was offset by a reduction in property taxes. Sales 6/1/2016 $107.0 N.A.
South Dakota Reduced property tax rate for school district general fund levy. K-12 school property tax funding was revised. Property 1/1/2017  -$40.0 N.A.
Tennessee Established a tax credit against the Hall Income Tax equal to 33 percent of the value of an investment by an angel investor, if certain conditions apply. Personal Income 1/1/2017  -$1.9 -$2.6
Tennessee Enacted a reform measure that will eliminate the income tax over six years. It decreased the Hall Income Tax (HIT) rate from 6  percent to 5 percent for tax years beginning on or after Jan. 1, 2016. Also, established the legislative intent that the HIT be reduced by 1 percent annually through further enactments of general bills. The tax will be eliminated completely in tax year 2022 and beyond, for a revenue loss of $166.3 million annually. Personal Income 1/1/2016  -$27.7 -$27.7
Tennessee Expanded the minimum requirement for a businesses to be considered a qualified data center for the purpose of being exempt from the sales and use tax on cooling equipment or backup power infrastructure. The minimum number of jobs required to be created decreased from 25 to 15, and the minimum capital investment required to be made decreased from $250,000,000 to $100,000,000. Corporate Income 7/1/2016  -$4.1 -$4.1
Tennessee Extended the Annual Coverage Assessment Act of 2016, which establishes an annual coverage assessment on hospitals of 4.52 percent of a covered hospital’s annual coverage assessment base and is required to be paid in equal quarterly installments. No change in taxpayer liability                                                   Health Care 07/01/2016 Effective Date; 06/30/2017 Termination Date N.A. $0.0
Tennessee Extended the annual nursing home assessment for an additional year.  No change in taxpayer liability. Health Care 07/01/2016 Effective Date; 06/30/2017 Termination Date N.A. N.A.
Tennessee Extended the temporary $0.50 per barrel of beer tax and the temporary 0.4% tax on gross receipts to July 1, 2022, or to July  of any year following the enactment of any state or federal law that imposes mandatory deposits by consumers on beverage containers sold in TN, whichever occurs first.  No change in taxpayer liability Alcohol 6/1/2016 N.A. N.A.
Tennessee Revised provisions governing overweight and overdimensional loads that are permitted and nondivisible. Old and New rates are various, and revenue will go to the Highway Fund Fee 1/1/2017 $3.7 $7.4
Tennessee Made various changes to the TN Higher Education Authorization Act, including but not limited to requiring adoption of new policies and fees for authorization of postsecondary education institutions. Fee 10/1/2016  -$1.1 -$1.1
Tennessee Reduced the fee for a lifetime handgun carry permit from $500 to $300 for initial applicants and $200 for existing handgun carry permit holders. Fee 1/1/2017 $2.6 $5.2
Tennessee Modified the franchise and excise tax regarding current requirements to make estimated quarterly payments. Reduced the penalty for underpayments. Non-Tax 1/1/2016  -$11.8 -$5.6
Tennessee Authorized terminal buildings of a commercial air carrier airport to sell packaged alcoholic beverages at retail, under certain conditions. Non-Tax 5/20/2016 $6.9 6.5
Utah Amended the corporate franchise and income tax. This offers computer and computer product manufacturers the option of filing their corporate return using either single sales, double weighted sales, or the three factor formula. Corporate Income 1/1/2016  -$2.6 -$2.8
Utah Adjusted severance tax calculations to exclude royalty revenue in calculation of taxable value and taxable volume. Other Retroactive to 1/1/2015  -$1.2 -$0.5
Utah Amendment C- Allowed property leased by the state or a political subdivision of the state to be exempt from property tax. Constitutional Amendment C has no fiscal impact on state and local government revenue. The Amendment may result
in a reduction in leasing costs for those state or local government entities that lease tangible personal property that
becomes exempt from property tax under the Amendment.
Constitutional Amendment C may result in a slight shift in property tax burden as some previously taxable property
drops off the property tax rolls because of the property tax exemption allowed under the Amendment. For an owner of a
$250,000 residential home, the shift is estimated to result in an annual property tax increase of $0.01. For the owner of
a $1,000,000 business, the shift is estimated to result in an annual property tax increase of $0.05.
Property 11/8/2016 N.A. N.A.
Vermont Adopted an ambulance provider tax at a rate of 3.3 percent. Health Care 7/1/2016 $1.2 $0.0
Vermont Reduced the statewide property tax rates from $1.535 to $1.527 per $100 of assessed property value. Property 7/1/2015 N.A. $0.0
Vermont Increased fuel gross receipts tax from 0.5 percent per gallon to 0.75 percent or 2 cents per gallon. Electricity is excluded from this increase. This is a temporary tax increase that is set to expire on June 30, 2021. Motor Fuel 7/1/2016 $3.8 $0.0
Vermont Changed collection schedule for the fuel gross receipts tax from quarterly to monthly. Non-Tax 1/1/2017 $1.0 $0.0
Vermont Changed collection schedule for the telephone property tax from quarterly to monthly. Non-Tax 1/1/2017 $1.0 $0.0
Vermont Changed collection schedule for the bank franchise tax from quarterly to monthly. Non-Tax 1/1/2017 $1.8 $0.0
Vermont Enacted multiple changes to the vehicle registration fees. Fee 7/1/2016 $9.9 $0.0
Vermont Adopted changes to public safety fees. Fee 7/1/2016 $1.5 $0.0
Vermont Increased mutual fund registration fee from $600 to $1,500. Fee 7/1/2016 $20.7 $0.0
Vermont Increased broker-dealer registration fee from $60 to $85. Fee 7/1/2016 $3.3 $0.0
Virginia Increased cap on existing Research and Development tax credit by $1.0 million. Created a new Research and Development tax credit for firms with R&D spending over $5.0 million annually, capped at $20.0 million a year. Increased the overall cap on credits from $6.0 million to $27.0 million per year. This tax credit applies to both personal and corporate income tax. Corporate Income 1/1/2016 $0.0 -$21.0
Virginia Provision expired on July 1, 2016 that permits persons with an economic interest in coal to redeem VA Coal Employment and Production Incentive Tax Credits in excess of tax liability.  Corporate Income 1/1/2016 $0.9 $1.6
Virginia Enacted a sales tax exemption for solar and wind energy equipment used by public service corps. Sales 1/1/2017  Unknown negative.  Unknown negative.
Virginia Question 2- Adopted a constitutional amendment allowing a locality to exempt from taxation the real property of the surviving spouse of any law-enforcement officer, firefighter, search and rescue personnel, or emergency medical services personnel who is killed in the line of duty. The exemption from taxation would cease if the surviving spouse remarries. The Department of Taxation indicates the impact to local revenues is currently unknown. Property 11/8/2016 N.A. N.A.
Virginia Raised the annual sales threshold from $2.5 million to $10.0 million in FY 2017 and to $25.0 million in FY 2018.  The revenue loss in each year is one-time in nature, reflecting the shifting of tax revenues from June of a given fiscal year into July of the next year. Non-Tax N.A.  -$36.7 -$27.0
Virginia Enhanced sales tax review by introducing additional compliance measures in the Department of Taxation  focusing on invalid sales and use tax exemption certificates related to sales tax on tobacco products. Non-Tax N.A. $0.4 $1.5
Virginia Enhanced personal income tax refund review by introducing additional compliance measures in the Department of Taxation aimed at preventing personal income tax fraud. Non-Tax N.A. $3.2 $5.2
Washington Expanded a business and occupation tax deduction for amounts received for providing chemical dependency services under a government-funded program.  Previously this deduction only applied to metal health services. This measure is set to expire on Jan. 1, 2020. Corporate Income 4/1/2016  -$1.9 -$2.3
West Virginia Enacted a firearms training tax credit which is a new non-tax specific tax preference not to exceed $50 dollars, available to any person  who pays fees for training or applications. Personal Income 1/1/2017  -$1.0 -$1.5
West Virginia Extended the Neighborhood Investment Tax Credit. The tax credit will now expire on July 1, 2021. No change in taxpayer liability. Personal Income 7/1/2016  Minimal -$3.0
West Virginia Conformed to federal tax code by updating the meaning of federal taxable income and certain other terms used in West Virginia Personal Income Tax including updating Section 179 to make benefits permanent and provide for a bonus depreciation extension. Personal Income 1/1/2016  -$13.0 -$5.0
West Virginia Updated the meaning of federal taxable income and extended bonus depreciation. Corporate Income 1/1/2016  -$27.0 -$10.0
West Virginia Legalized the sale of fireworks and enacted a 6 percent sales tax on firework sales. Sales 6/1/2016 $0.9 $0.9
West Virginia Eliminated the sales tax exemption of durable medical equipment purchased by healthcare providers. This is a temporary change which sunsets on June 30, 2018. Sales 7/1/2016 $14.0 $14.0
West Virginia Increased cigarette tax by $0.65 per pack from $0.55 per pack to $1.20 per pack. Tobacco 7/1/2016 $92.4 $90.4
West Virginia Increased tax on alternative tobacco products by 5 percent from 7 percent of the wholesale price to 12 percent of the wholesale price. Tobacco 7/1/2016 $4.7 $4.7
West Virginia Enacted a tax on e-cigarettes. The new tax is imposed on the sales of e-cigarette liquid at a rate of 7.5 cents per mL. Tobacco 7/1/2016 $1.4 $1.8
West Virginia Increased the gross receipts tax on eligible acute care hospitals from 0.72 percent to 0.74 percent. This tax is set to sunset on June 30, 2017. Health Care 7/1/2016 $15.0 $5.0
West Virginia Eliminated the 5 percent behavioral health severance tax and business privilege tax imposed on health care service providers. Health Care N.A.  -$16.0  -$16.0
West Virginia Enacted a 12 percent safety tax on all retail sales of newly legalized fireworks. Other N.A. $2.2 $2.2
West Virginia Eliminated the Moor Fuel Tax for the railroad industry. The full effect of this credit will not be experienced until FY 2019 due to the timing of returns. Annual revenue impact for this credit is estimated to be a decrease of $4.3 million in the out years. Motor Fuel N.A. $0.0 -$1.0
Wisconsin Adopted federal alternative minimum tax exemption amounts and indexing provisions. This measure was enacted in 2015. Personal Income 1/1/2017  -$6.0 -$25.4
Wisconsin Increased the standard deduction for married filers. This measure was enacted in 2015. Personal Income 1/1/2016  -$20.9 -$20.9
Wisconsin The fiscal impact of a 100 percent exclusion for capital gains on certain Wisconsin-based assets purchased after Dec. 31, 2010 and held for five years began to take effect. This was passed in the 2011 budget bill and the estimated cost will increase to $79.4 million annually beginning 2020-21. Personal Income 1/1/2011  -$6.0 -$22.8
Wisconsin Completed the four year phase-in of the Manufacturing Agricultural Credit (MAC), which is equal to 7.5 percent of Wisconsin-based manufacturing and agricultural income beginning tax year 2016. Corporate Income 1/1/2016  -$205.8 -$205.8
Wisconsin Consolidated business tax credits. This measure was enacted in 2015. Corporate Income 1/1/2016 $5.80 $0.80
Wisconsin Sunset the electronic medical records tax credit for tax years beginning on or after Jan. 1, 2014. The sunset was enacted in 2013. Corporate Income 1/1/2014 $7.50 $7.50
Wisconsin Created a sales tax exemption for construction materials purchased by contractors and used in construction projects for certain tax-exempt entities. This measure was enacted in 2015. Sales 1/1/2016  -$3.2 -$3.2
Wisconsin Increased state park and forest admission and trail fees from $25 to $28. Fee 1/1/2016 $1.40 $1.40
Wisconsin Increased state park and forest camping fees. Fee 1/1/2015 $2.90 $2.90
Wyoming Enacted legislation establishing a private hospital assessment. Health Care 7/1/2016 $4.6 $4.6

2015
Juridiction Description Type Effective Date Fiscal Year 2016 Fiscal Year 2017
Alabama Repealed the individual zero withholding exemption certificates. Personal Income 9/1/2015 $12.0 $12.0
Alabama Increased the cap from $25 million to $30 million on the scholarship granting organization credit. Corporate Income 1/1/2015 -$5.0 -$5.0
Alabama Established a factor presence nexus standard for purposes of business privilege tax, income taxes and financial institution excise taxes. Corporate Income 1/1/2015 $5.0 $5.0
Alabama Allowed eligible sellers to voluntarily collect, report and remit seller use tax on remote sales. Sales 10/1/2015 N.A. N.A.
Alabama Applied Alabama automobile sales tax to out-of-state residents who purchase a vehicle in Alabama and whose resident state does not allow Alabama residents to purchase a vehicle in their state for first titling and registration in Alabama without the payment of tax to that state. Sales 1/1/2016 $2.0 $2.0
Alabama Increased cigarette taxes to help support the Medicaid program. Tobacco 10/1/2015 $60.5 $66.5
Alabama Extended the current supplemental privilege assessment and the monthly surcharge on nursing home beds.  Also added a secondary supplemental nursing facility assessment on each bed in a nursing facility. Heath Care 10/1/2015 $8.4 $8.4
Alabama Created a $0/15 supplemental privilege tax on each prescription filled or refilled for an Alabama citizen and provided for an increase in the Medicaid dispensing fee paid to participating pharmacies. Heath Care 10/1/2015 $8.0 $8.0
Alabama Removed the tax deferral on new motor vehicles registering for the first time. Tobacco 1/1/2016 $7.4 $2.4
Alabama Increased various fees paid by producers, service representatives, brokers and adjusters  collected by the department of insurance and created a new producer annual appointment late fee. Fee 1/1/2016 $10.0 $10.0
Alaska Repealed the film production tax credit.  This measure followed action taken by the governor in early 2015 to suspended the program.  The legislation adopted in 2013 authorized the credit and allowed for up to $300 million in credits over 10 years.  To date, $48.7 million has been awarded; however, an additional $32 million of projects were approved but the credits have not yet been claimed. Corporate Income    Indeterminate.  indeterminate.
Alaska Imposed a new surcharge on refined fuel in the amount of $0.0095. Motor Fuel 7/1/2015 $7.5 $7.6
Alaska Reduced the top bracket tax rate for life insurance policies.  The rate went from 0.1 percent to 0.08 percent of premiums over $100,000. Other 1/1/2016  No estimate.  No estimate.
Arizona Adjusted income tax rate brackets for inflation annually. Personal Income 1/1/2015 -$6.1 -$9.3
Arizona Exempted sales tax on electricity purchased by international operations centers. Sales 8/1/2015 N.A. -$1.3
Arizona Exempted retaliatory insurance premiums from the premiums tax. Other 1/1/2016 -$1.5 N.A.
Arizona Reduced the insurance premiums tax rate from 2.0 percent to 1.7 percent over 11 years. Other 1/1/2016 N.A. -$1.3
Arizona Repealed the job training tax. Other 1/1/2016 -$6.5 -$6.5
Arizona Approved a personal and corporate income tax and sales tax amnesty period from Sept. 1 to Oct. 30. Non-Tax 9/1/2015 $15.0 N.A.
Arizona Implemented a new personal income tax fraud detection and prevention program. Non-Tax 1/1/2015 $9.3 $6.0
Arizona Increased tax enforcement through the hiring of additional sales tax collectors Non-Tax 7/1/2015 $32.6 -$19.6
Arkansas Increased the personal income tax exemption for capital gains from 30 percent to 50 percent. Personal Income 7/1/2015 -$6.0 -$12.0
Arkansas Provided middle-income tax relief by lowering personal income tax rates.  The rate is reduced from 7 percent to 6 percent on income between $36,000 and $75,000.  The rate is reduced from 6 percent to 5 percent on income between $21,000 and $35,000. Personal Income 7/1/2015 -$23.0 -$90.0
California Adopted a new EITC equal to 85 percent of the federal credit. Personal Income 6/24/2015 -$380 -$380
California Expanded drought local enforcement authority by allowing water agencies to issue penalties for violations of local and state water conservation requirements but limits penalties to up to $1,000 for first violations. Fee 6/24/2015  No estimate.   No estimate.
California Authorized fees on transportation of hazardous materials by rail car.  Fees to be administratively set by the office of emergency services. Fee 6/24/2015  No estimate.   No estimate.
California Authorized an 18-month amnesty program that permits individuals with past due court ordered debt owed on traffic infractions prior to 2013 to pay debt at 50 percent reduction if specified eligibility criteria are met.  Certain low-income individuals can qualify for 80 percent reduction. Non-Tax 6/24/2015 $150.0   No estimate.
Colorado Modified the gross conservation easement income tax credit. Personal Income 1/1/2015 -$7.0 -$7.0
Colorado Authorized a  marijuana excise tax holiday as required under the constitution for new taxes if revenues exceed estimates. Other 9/16/2015 -$3.6 N.A.
Colorado Approved a measure that would reduce marijuana taxes if voters rejected a proposition to allow the state to retain the additional $17 million. However, the measure passed and the reduction did not apply. Other   N.A. N.A.
Connecticut Approved a partial income tax exemption for teachers' pension income equal to 10 percent in 2015, 25 percent in 2016 and 50 percent in 2017 and beyond. Personal Income 1/1/2015 -$11.8 -$20.8
Connecticut Increased the income tax exemption for military pension income from 50 percent to 100 percent. Personal Income 1/1/2015 -$6.0 -$4.0
Connecticut Increased the current top personal income tax rate from 6.7 to 6.9 percent and established a new top rate of 6.99 percent. Personal Income 1/1/2015 $151.5  $                                137.9
Connecticut Reduced the property tax credit against the income tax from $300 to $200 and accelerated the phase-out. Personal Income 1/1/2015 $52.0  $                                100.0
Connecticut Delayed the scheduled increase in the personal income tax exemption for one year. No change in taxpayer liability Personal Income 1/1/2015 $10.8 N.A.
Connecticut Reduced the states EITC from 30 to 27.5 percent of the federal credit for two years. Personal Income 1/1/2015 $11.0  $                                  11.0
Connecticut Allowed for the exchange of additional R&D corporate income tax credits. Corporate Income 1/1/2016 -$20.0  -$20.0
Connecticut Established mandatory combined reporting for corporate income taxes.  In a December special session, this requirement was modified to cap the tax computed on a combined unitary basis from exceeding the nexus combined base tax amount by more than $2.5 million. Corporate Income 1/1/2016 $14.9  $                                  23.7
Connecticut Extended the phase out of the corporate income tax surcharge of 20 percent.  The rate is 10 percent in 2018 and completely phased out in 2019. No change in taxpayer liability Corporate Income 1/1/2016 $44.4  $                                  75.0
Connecticut Restricted the use of corporate tax credits from 70 percent of pre-credit tax liability to 50 percent of pre-credit tax liability. Legislation passed during the December special session modified this provision and increased the credit cap for research and development (R&D) expenditures. The cap increases each year until 70 percent of the tax may be offset by credits for tax years beginning on or after Jan. 1, 2019. Corporate Income 1/1/2015 $45.3  $                                  36.8
Connecticut Limited the use of net operating losses to 50 percent of net income.  This was eased during the December special session so that combined groups with over $6 billion in unused NOLs from tax years prior to 2013 may elect to relinquish 50 percent of their NOLs incurred in tax years prior to 2015, and use the remaining amounts to reduce the combined group’s tax to $2.5 million in any income year beginning on or after Jan. 1, 2015. Corporate Income 1/1/2015 $156.3  $                                  90.1
Connecticut Continued the moratorium on the issuance of new film tax credits.   No change in taxpayer liability Corporate Income 7/1/2015 $4.0  $                                     4.0
Connecticut Eliminated the sales tax exemption for clothing and footwear costing less than $50. Sales 7/1/2015 $136.8  $                                142.6
Connecticut Reduced the per-item price from $300 to $100 of items eligible for the sales tax holiday week. Sales 7/1/2015 $1.0  $                                     1.0
Connecticut Increased the sales tax rate on luxury items from 7 percent to 7.75 percent. Sales 7/1/2015 $6.2  $                                     6.4
Connecticut Applied a 1 percent sales tax to web services. Sales 10/1/2015 $7.8  $                                  10.8
Connecticut Repealed the sales tax exemption for water companies. Sales 7/1/2015 $4.0  $                                     4.0
Connecticut Extended the sales tax to car wash services. Sales 7/1/2015 $6.8  $                                     6.8
Connecticut Repealed the sales tax exemption for certain motor vehicle parking. Sales 7/1/2015 $5.1  $                                     5.1
Connecticut Increased the cigarette tax from $3.40 per pack to $3.65 per pack in FY 2016 and then $3.90 per pack in FY 2017. Tobacco 10/1/2015 $24.5  $                                  42.8
Connecticut Restricted the use of tax credits against the health provider tax. Heath Care 7/1/2015 $2.8  $                                     2.8
Connecticut Increased the health provider tax rate and updated the base. Heath Care 7/1/2015 $207.0  $                                207.0
Connecticut Extended the health provider tax to ambulatory surgical centers. Heath Care 10/1/2015 $15.0  $                                  20.0
Connecticut Established a $20 million lifetime cap on the estate and gift tax liability. Other 1/1/2016 -$4.0  -$8.0
Connecticut Extended the tax credit utilization limits against the insurance premiums tax. No change in taxpayer liability Other 1/1/2015 $18.7 $18.7
Connecticut Raised the probate fee for decedents' estates. Fee 7/1/2015 $5.0  $                                  11.0
Connecticut Established a $75 application fee for electronic cigarette seller / manufacturer and a $400 annual fee. Fee 1/1/2016 $2.0  $                                     1.6
Delaware Raised the motor vehicle document fee from 3.75 percent to 4.25 percent. Fee 10/1/2015 $9.4 $12.5
Delaware Raised various motor vehicle fees. Fee 10/1/2015 $8.6 $11.4
Florida Increased for one year the corporate income tax credits for brownfields cleanup. Corporate Income 7/1/2015 -$16.6 N.A.
Florida Increased for one year the research and development credit against the corporate income tax. Corporate Income 7/1/2015 -$10.0 N.A.
Florida Increased and extended the community contribution tax credits against the corporate income tax. Corporate Income 7/1/2015 N.A. -$3.7
Florida Approved agriculture related exemptions to the sales tax. Sales 7/1/2015 -$12.4 -$13.4
Florida Approved a back to school sales tax holiday in August Sales 8/7/2015 -$67.8 N.A.
Florida Placed a $60,000 cap on the sales tax for boat repairs. Sales 7/1/2015 -$3.8 -$4.1
Florida Approved a sales tax exemption for college textbooks for one year. Sales 7/1/2015 -$41.5 N.A.
Florida Approved a sales tax exemption for gun club memberships. Sales 7/1/2015 -$1.2 -$1.2
Florida Approved a measure for school support organizations that pay tax on taxable purchases; they do not have to collect tax on sales. Sales 7/1/2015 -$1.7 -$1.7
Florida Extended certain enterprise zone benefits. Sales 1/1/2016 -$1.1 -$1.8
Florida Increased and extended the sales tax benefit for community contributions. Sales 7/1/2015 N.A. -$21.2
Florida Reduced the tax rate for communications services from 6.8 percent to 5.07 percent. Other 7/1/2015 -$207.3 -$226.1
Florida Lawmakers did not fund the state's film credit program for FY 2015. Other   N.A. N.A.
Florida Reduced the online procurement system fee from 1 percent to 0.7 percent. Fee 11/1/2015 -$5.5 -$0.2
Georgia Increased the income tax credit for GED testing. Personal Income 1/1/2016 -$1.0 -$1.0
Georgia Extended the angel investor income tax credit. No change in taxpayer liability Personal Income 1/1/2016 -$5.0 -$5.0
Georgia Conformed to federal income tax code. Personal Income 1/1/2016 -$75 $105.0
Georgia Approved an income tax credit for historic rehabilitation of commercial properties. Personal Income 1/1/2016 -$25.0 -$25.0
Georgia Extended the income tax credit for video game production for another three years.  No change in taxpayer liability Personal Income 1/1/2016 -$12.5 -$12.5
Georgia Eliminated the tax credit for alternative fuel vehicles. Personal Income 1/1/2016 $16.4 $90.1
Georgia Approved a sales tax exemption for food and food ingredients donated to a food bank. Sales 7/1/2015 -$1.4 -$1.5
Georgia Exempted certain qualified health centers from the sales tax. Sales 7/1/2015 -$2.2 -$2.3
Georgia Converted from levying both sales and excise taxes on motor fuel to just levying excise tax of $0.26. Sales 7/1/2015 -$158.6 -$158.6
Georgia Converted from levying both sales and excise taxes on motor fuel to just levying excise tax of $0.26. Motor Fuel 7/1/2015 $602.5 $656.7
Georgia Levied a new hotel tax of $5 per night per room. Other 7/1/2015 $140.5 $152.9
Georgia Approved a new fee on alternative fuel vehicles as part of transportation funding plan. Fee 7/1/2015 $22.3 $22.6
Georgia Approved a new heavy vehicle impact fee. Fee 7/1/2015 $5.0 $5.0
Hawaii Let temporary personal income tax rate increases adopted in 2009 expire at the end of 2015.  The current rates of 9 percent, 10 percent and 11 percent will drop to 8.25 percent. Personal Income 1/1/2016 -$50.0 -$50.0
Hawaii Expanded the personal income tax credit for food. Personal Income 1/1/2016 N.A. -$6.7
Hawaii Approved a personal income tax credit for renewable fuels. Personal Income 1/1/2016 N.A. -$3.0
Hawaii Approved a personal income tax credit for cesspool upgrades and conversion. Personal Income 1/1/2016 N.A. -$5.0
Idaho Conformed personal income taxes to the federal tax code. Personal Income 7/1/2015 -$17.7 N.A.
Idaho Extended the personal income tax credit for donations to schools, libraries and museums. No change in taxpayer liability. Personal Income 7/1/2015 N.A. -$3.5
Idaho Exempted eye glasses and contact lenses from the sales tax. Sales 7/1/2015 -$1.4 -$2.8
Idaho Exempted digital streaming from the sales tax. Sales 7/1/2015 -$1.3 -$1.3
Idaho Exempted hand tools from the sales tax. Sales 7/1/2015 -$1.3 -$1.3
Idaho Increased the motor fuel tax from $0.25 per gallon to $0.32 per gallon. Motor Fuel 7/1/2015 $63.2 $63.2
Idaho Increased motor vehicle fees. Fee 7/1/2015 $30.8 $30.8
Indiana Conformed personal income taxes to the federal tax code. Personal Income 1/1/2015 -$3.0 -$0.6
Indiana Increased the statute of limitations for refund claims with withheld wages from two to three years. Personal Income 7/1/2015 -$1.4 -$1.4
Indiana Increased the federal civil service annuity deduction to $8,000 for TY 2015 and to $16,000 each year thereafter. Personal Income 1/1/2015 -$1.1 -$4.0
Indiana Eliminated 19 income tax adjustments, deductions and credits. Personal Income 1/1/2016 $0.0 $6.0
Indiana Expanded the personal income tax credit for teacher expenditures on classroom supplies up to a maximum of $100 per year. Personal Income 1/1/2015 -$6.5 -$6.5
Indiana Increased the school scholarship personal and corporate income tax credit by raising the annual credit cap. Personal Income 1/1/2015  Unknown.  Unknown.
Indiana Extended the business investment income tax credit and the venture capital investment credit to the end of 2020.  No change in taxpayer liability Personal Income 1/1/2015 N.A. N.A.
Indiana Continued phasing in the personal income tax rate reduction adopted in 2013.  The rate goes from 3.4 percent to 3.3 percent in years 2015 and 2016.  It is reduced to 3.23 percent in 2017 and thereafter. Personal Income 1/1/2015 -$144.4 -$202.8
Indiana Recoupled the corporate research expense credit with the federal research and development credit by conforming the definition of qualified business expense. Corporate Income 1/1/2016 -$2.5 -$2.5
Indiana Extended the business investment income tax credit and the venture capital investment credit to the end of 2020.  No change in taxpayer liability Corporate Income 1/1/2015 N.A. N.A.
Indiana Allowed the Indiana Economic Development Corporation to pay a qualified taxpayer for unused tax credits. Corporate Income 1/1/2015 -$17.0 N.A.
Indiana Continued phasing in the corporate income tax rate reduction adopted in 2011 (with further reductions approved in 2014).  The rate goes from 8.5 percent to 7.0 percent in  FY 2015 and is reduced every year until it is 4.9 percent in 2022 and thereafter. Corporate Income 7/1/2015 -$145.5 -$153.8
Indiana Continued phasing in the financial institutions tax rate reductions adopted in 2013 and 2014.  The rate goes from 8.0 percent in 2014 to 7.5 percent in 2015 to 7.0 percent in 2016.  It will be reduced every year until it is 4.9 percent in 2023 and thereafter. Corporate Income 1/1/2015 -$9.0 -$11.8
Indiana Expands the sales tax exemption for items directly used in the production of tangible personal property to include material handling equipment purchased for the purpose of transporting material into the production process from an onsite location. Sales 1/1/2016 -$7.0 -$16.0
Indiana Approved a sales tax input exemption for timber harvesting for further use in production or for sale in the ordinary course of business as processing of tangible personal property for purposes of the double direct exemption. Sales 1/1/2016 -$1.0 -$2.3
Indiana Prohibited the taxation of internet access.  No change in taxpayer liability. Other 7/1/2015 -$20.0 -$20.0
Indiana Decreased the effective tax base for racino slot machine wagering tax. Other 7/1/2015 -$5.0 -$5.0
Indiana Provided a riverboat wagering tax credit to the operator of a casino located in Orange County. Other 7/1/2015 -$2.2 -$3.4
Indiana Approved a deduction for casino licensees to deduct AGR attributable to free promotional play. Other 7/1/2015 -$24.3 -$24.3
Indiana Increased the automated record keeping court fee from $5 to $19 for two years. Fee 7/1/2015 $8.4 $8.4
Indiana Increased the document storage fee for courts for two years.  The fee went from $2 to $5. Fee 7/1/2015 $2.4 $1.1
Indiana Raised the service of process fees collected by county sheriffs from $13 to $25. Fee 7/1/2015 $2.7 $2.7
Iowa Approved a personal income tax exclusion for savings plan trusts. Personal Income 1/1/2016 $0.0 -$5.9
Iowa Expanded the personal income tax credits for renewable energy. Personal Income various tax years -$0.9 -$1.1
Iowa Conformed personal income taxes to the federal tax code, going back to TY 2014.  The initial impact was a revenue loss of $99 million in FY 2015, offset by revenue gains in FY 2016 and FY 2017. Personal Income 1/1/2014 $19.2 $19.7
Iowa Increased the motor fuels tax by $0.10 per gallon. Motor Fuel 3/1/2015 $204.1 $202.3
Iowa Adopted new motor vehicle size and weight fees. Fee 7/1/2015 $1.7 $1.7
Kansas Approved an income tax package that contained several components including slowing down the scheduled rate cuts and repealing itemized deductions except those for charitable contributions, mortgage interest and property taxes paid. The package also included a low-income exclusion applicable in tax year 2016 that eliminates income tax liability for low-income taxpayers. Personal Income   $149.8 $179.7
Kansas Raised the sales and use tax rate from 6.15 percent to 6.5 percent. Sales 7/1/2015 $164.2 $186.7
Kansas Increased the cigarette tax rate by $0.50 per pack (from $0.79 to $1.29). Tobacco 7/1/2015 $40.4 $36.4
Kansas Created a new tax on electronic cigarettes at a rate of $0.20 per milliliter of consumable material and a proportionate tax on all fractional parts thereof. Tobacco 7/1/2016 N.A. $2.0
Kansas Approved a tax amnesty period from Sept. 1 through Oct. 15. Non-Tax   $30.0 N.A.
Kentucky Expanded incentives for the film industry by broadening qualifications and raising incentive amounts. Corporate Income 1/1/2015 -$5.5 -$5.5
Kentucky Changed the formula by which the motor fuel tax rate is calculated so that it is adjusted annually instead of quarterly.  Also increased the average wholesale price floor on which the tax rate is based, resulting in a lower gas tax rate.  The rate went from $0.276 to $0.26 per gallon. Motor Fuel 3/25/2015 -$27.3  Unknown.
Kentucky Reduced the pari-mutual wagering excise tax by allowing an exemption for wagers placed during the Breeders' Cup event. Other 1/1/2015 -$1.0 -$1.0
Kentucky Imposed new additional $10 fee on court costs in all criminal cases to supplement funding for a task force on internet crimes against children. Fee 6/24/2015 $1.0 $1.0
Louisiana Added a new requirement to qualify for the income tax credit for taxes paid in other states. Personal Income 7/1/2015 $34.0 $34.0
Louisiana Limited eligibility to receive the $25 child tax credit if taxpayers claims deduction for private school tuition. Personal Income 1/1/2015 $2.3 $2.3
Louisiana Reduced selected corporate tax credits by 28 percent for three years. Corporate Income 7/1/2015 $31.5 $33.5
Louisiana Reduced selected corporate tax deductions and exclusions by 28 percent for three years. Corporate Income 7/1/2015 $114.0 $114.0
Louisiana Eliminated the tax carry-back deduction of net operating losses. Corporate Income 7/1/2015 $29.0 $29.0
Louisiana Reduced selected tax rebates by 20 percent, which primarily affects the quality jobs and enterprise zone programs. Corporate Income 7/1/2015 $5.0 -$0.9
Louisiana Allowed a corporate income tax credit for local ad valorem tax paid on inventory to offset state tax liability and refunds 75 percent of the balance of the credit.  The remaining 25 percent of the credit is allowed to be carried forward for five years.  Filers with less than $10,000 of credit are exempt, and a R&D credit is converted from a refundable credit to a nonrefundable credit with a five-year carry-forward.  Prior to this bill, taxpayers could take a credit against their Louisiana income taxes equal to the amount of inventory taxes they paid, with any excess credit being fully refundable. Under the new law, only 75 percent of such excess is refundable. Corporate Income 7/1/2015 $129.0 $138.0
Louisiana Capped the solar tax credit program. Corporate Income 7/1/2015 $19.0 $13.0
Louisiana Capped the realizations of credits and transfers to the state at $180 million per year for the next three years. Corporate Income 7/1/2015 $77.0 $70.0
Louisiana Created a pilot program granting a deduction for 50 percent of the wages paid to qualified disabled individuals for the first four continuous months of employment, dropping to 30 percent for all months after. Corporate Income 7/1/2015 -$12.5 -$25.0
Louisiana Suspended the sales tax exemption for business utilities for one year.  The rate is 1 percent. Sales 7/1/2015 $107.2 N.A.
Louisiana Increased the tax on cigarettes by $0.50 per pack and subjects vapor products to a tax of $0.05 per milliliter of consumable nicotine solution. Tobacco 7/1/2015 $106.4 $107.4
Louisiana Provided for equivalency of the Louisiana special fuels tax with the gasoline tax on motor vehicles that operate on the highways using liquefied natural gas, liquefied petroleum gas, or compressed natural gas. Motor Fuel 7/1/2015 $6.0 $6.0
Louisiana Increased the cost of a vehicle certificate of title from $18.50 to $68.50. Fee 7/1/2015 $59.5 $59.5
Maine Approved an income tax package that reduces the rate from &.95 percent to 7.15 percent over four years, makes various other changes and fully exempts military pensions from state income tax. Personal Income 1/1/2016 -$62.3 -$178.8
Maine Partially conformed to the federal code and implemented a state capital investment income tax credit beginning in 2014. Personal Income 2/12/2015 -$13.1 -$1.0
Maine Partially conformed to the federal code and implemented a state capital investment corporate income tax credit beginning in 2014. Corporate Income 2/12/2015 -$3.7 -$0.9
Maine Made permanent the 2014-2015 temporary sales tax increase. No change in taxpayer liability Sales 7/1/2015 $84.7 $86.8
Maine Made permanent the 2014-2015 temporary meals tax increase, maintains the temporary lodging tax increase until 12-31-15 then increases it permanently. No change in taxpayer liability Sales 7/1/2015 $35.8 $44.8
Maine Expanded the definition of taxable food. Sales 7/1/2015 $4.4 $9.5
Maine Increased the service provider tax and expanded the base. Other 1/1/2016 $7.8 $13.8
Maine Increased the estate tax exclusion from $2.2 million to $5.5 million for estates of decedents dying in calendar year 2016 and after. Other 1/1/2016 N.A. -$14.3
Maryland Expanded the military retirement income exemption for taxpayers 65 years of age and older.  The exemption went from $5,000 to $10,000. Personal Income 7/1/2015 -$2.7 -$2.9
Maryland Extended the film production activity credit. No change in taxpayer liability. Corporate Income 7/1/2015 $0.0 -$25.0
Maryland Adopted legislation to clarify the sales tax imposed on accommodations. Sales 7/1/2015 $1.0 $1.0
Maryland Approved a tax amnesty period from Sept. 1 through Oct. 30. Non-Tax   $11.4 $3.6
Massachusetts Increased the earned income tax credit (EITC) for personal income taxpayers from 15 percent to 23 percent of the federal credit. Personal Income 1/1/2016 N.A. -$72.5
Massachusetts Implemented an income tax rate reduction as a result of previous trigger legislation. The rate went from 5.2 percent to 5.15 percent on Jan. 1, 2015.  The rate will be further reduced to 5.10 percent on Jan. 1, 2016.  Personal Income 1/1/2015 -$145 -$145
Massachusetts Delayed implementation of a tax credit for publicly traded companies.  No change in taxpayer liability Corporate Income 1/1/2015 $76.0 $76.0
Massachusetts Approved a weekend sales tax holiday on most purchases under $2,500 in mid August. Sales 8/1/2015 -$25.0 N.A.
Massachusetts Enacted legislation (in response to a ballot  measure approved by voters in November 2014) that repeals gas tax indexing. Prior to repeal, the gas tax rate was to be adjusted at the beginning of each calendar year by the percentage, if any, by which the Consumer Price Index for the preceding year exceeded the Consumer Price Index for the calendar year that ended before such preceding year.  Legislation to establish indexing was enacted in 2013 that would have gone into effect in 2015. Motor Fuel 1/1/2015 N.A. N.A.
Massachusetts Implemented a tax amnesty period for corporate taxes. Non-Tax 1/1/2015 $15.0 N.A.
Michigan Enacted a new ambulance quality assurance assessment program. Heath Care Not Specified $4.0 N.A.
Michigan Enacted legislation that will roll back the individual tax rate in any year that state revenue exceeds 1.425 times the rate of inflation, beginning in 2023. Personal Income 1/1/2023 N.A. N.A.
Michigan Approved new food safety fees. Fee   $2.4 N.A.
Michigan Increased the air emissions fee (per ton) Fee   $1.2 N.A.
Minnesota Allowed a personal income deduction for educator classroom expenses up to $250 as part of package to conform to the federal code. Personal Income 1/1/2014 -$1.2 $0.0
Minnesota Allowed a personal income deduction for qualified tuition and related expenses as part of package to conform to the federal code. Personal Income 1/1/2014 -$2.1 $0.0
Minnesota Excluded debt income on principal residence as part of package to conform to the federal code resulting in a $9.5 million reduction for FY 2015. Personal Income 1/1/2014 $0.0 $0.0
Minnesota Approved tax free IRA distributions, up to $100,000 to certain public charities for individuals aged 70.5 and older. Personal Income 1/1/2014 -$0.7 -$0.7
Minnesota Partially conformed to federal code expense schedule with 80 percent addback and 5-year recovery. Personal Income 1/1/2014 $4.8 $0.2
Minnesota Disallowed the working family income tax credit for non-residents. Personal Income 1/1/2015 $5.1 $5.2
Minnesota Conformed to federal corporate tax code by allowing 50 percent bonus depreciation with 80 percent addback and 5-year recovery period. Corporate Income 1/1/2014 $11.4 -$0.7
Minnesota Delayed implementation of certain sales tax exemption for one year. No change in taxpayer liability Sales 1/1/2017 $8.4 $11.4
Minnesota Changed the fees for cosmetologist licenses. Fee 7/1/2015 $1.2 $1.2
Mississippi Authorized a new savings account product for catastrophes and exempted contributions and distributions from the personal income tax. Personal Income 1/1/2015  Unknown.  Unknown.
Mississippi Approved a tax credit against income taxes for taxpayers who employ certain veterans.  The amount is capped at $1 million annually. Personal Income 1/1/2015 -$1.0 -$1.0
Mississippi Provided a corporate income tax credit for inventory taxes paid.  This is being phased in over a four-year period that began in FY 2014. Corporate Income 7/1/2013 -$21.0 -$126.0
Mississippi Exempted hearing aids from the sales tax. Sales 7/1/2015 -$5.8 -$5.8
Mississippi Eliminated the state portion of the alcoholic beverage license tax and retained the local portion. Alcohol 7/1/2015 -$1.8 -$1.8
Mississippi Repealed the state motor vehicle inspection law and fee. Fee   -$3.6 -$3.6
Missouri Implemented the final phase down of the corporate franchise tax so that the rate is now 0. Corporate Income 1/1/2015 -$16.5 N.A.
Montana Provided personal income tax credits for contributions to public and private schools. Personal Income 1/1/2016 N.A. -$4.3
Nebraska Increased the tax credit for angel investors. Corporate Income 6/1/2015 -$1.0 -$1.0
Nebraska Exempted purchases and admissions by zoos and aquariums from the sales tax. Sales 1/1/2016 -$0.8 -$1.9
Nebraska Increased the motor fuel tax over four years.  The rate will be phased up from current rate of 10.3 cents per gallon to 16.3 cents per gallon in 2019. Motor Fuel 1/1/2016 $6.7 $25.4
Nebraska Changed the property tax reappraisal cycle from a six-year cycle to a two-year cycle. Property   $10.9 N.A.
Nevada Restructured the modified business tax-general business (general businesses exclude financial and mining businesses), which was scheduled to sunset.  The tax rate went up from 1.17 percent to 1.475 percent and the exemption for taxable wages was decreased from $85,000 to $50,000 per quarter.  The legislation also removed mining businesses from the tax base. Corporate Income 7/1/2015 $268.0 $281.4
Nevada Restricted the modified business tax on mining business so that they are required to pay the net proceeds of mineral tax instead of the modified business tax on general business. Under the new provisions, all quarterly taxable wages are taxed at 2.0 percent. Corporate Income 7/1/2015 $6.5 $6.5
Nevada Approved a commerce tax on the gross revenue of each business entity whose Nevada gross revenue exceeds $4 million in a fiscal year.  There are 26 different rates based on different industry codes, ranging from 0.051 percent to 0.331 percent. Corporate Income 7/1/2015 $119.8 $119.8
Nevada Approved a new commerce tax credit, which is allowed against the modified business tax due during the fiscal year not to exceed 50 percent of the commerce tax paid for the preceding fiscal year. Corporate Income 7/1/2016 N.A. -$59.3
Nevada Extended the local school support sales tax increase of 0.35 percent that was scheduled to sunset on June 30, 2015. No change in taxpayer liability Sales 7/1/2015 $183.6 $193.7
Nevada Raised the cigarette tax by $1 per pack.  The rate went from $0.80  to $1.80 per pack. Tobacco 7/1/2015 $96.9 $95.4
Nevada Imposes a new 3 percent excise tax on the fare charged by a transportation network company (Uber and Lyft), a common motor carrier of passengers or a taxicab. Other 8/28/2015 $13.7 $22.9
Nevada Raised the business license fee to $500 per year for corporations. Fee 7/1/2015 $63.1 $64.3
Nevada Increased commercial recording fees. Fee 7/1/2015 $2.8 $2.8
New Hampshire Cut the business profits tax rate from 8.5 percent to 8.2 percent. Corporate Income 1/1/2016 -$2.9 -$12.0
New Hampshire Cut the business enterprise tax rate from 0.75 percent to 0.72 percent. Corporate Income 1/1/2016 -$2.2 -$9.1
New Hampshire Increased from $2 million to $7 million the total cap on the R & D tax credit. Corporate Income 7/1/2017 N.A. N.A.
New Jersey Increased the EITC from 20 percent to 30 percent of federal credit. Personal Income 1/1/2015 -$122 -$125
New Mexico Extended the sustainable building tax credit against the personal and corporate income tax.  It was scheduled to  sunset on Dec. 31, 2016.  No change in taxpayer liability. Personal Income 1/1/2017 N.A. N.A.
New Mexico Modified the calculation of net win with regard to gaming revenue sharing compacts.  Other 7/1/2015 $10.0 $9.4
New York Extended the current limitations on itemized deductions for those with incomes exceeding $1 million. No change in taxpayer liability. Personal Income 1/1/2016 $0.0 $70.0
New York Increased the cap for the urban youth jobs program tax credit. Corporate Income 12/31/2017 $0.0 -$10.0
New York Extended the brownfields tax credit. No change in taxpayer liability. Corporate Income 4/1/2015 $0.0 $0.0
New York Exempted aviation aircraft from the sales and use tax. Sales 9/1/2015 -$10.0 -$10.0
New York Approved a partial sales and use tax exemption on vessels with a purchase price in excess of $230,000. Sales 6/1/2015 $0.0 $0.0
New York Exempted vendors and purchasers that are covered companies within the Dodd-Frank Protection Act, from sales tax on tangible property sold/distributed between said entities. Sales 7/12/2015 $0.0 $0.0
New York Implemented second year of a 5-year phase-in to increase the estate tax exemption threshold.  The exemption increases from $2,062,500 in FY 2015 to $3,125,000 in FY 2016. Other 4/1/2015 -$125 -$230
New York Eliminated the Department of State corporate filing fee. Fee 1/1/2016 -$2.0 -$2.0
North Carolina Adopted a personal income tax package that: 1.) lowered the rate from 5.75 percent to 5.499 percent, beginning in tax year 2017; 2.) Increased the standard deduction beginning in tax year 2016; and 3.) Allowed 1040 Schedule A medical deductions, beginning in tax year 2015. Personal Income Various -$117.3 -$437.1
North Carolina Phased-in single sales factor apportionment formula. Corporate Income 1/1/2016 -$7.9 -$12.0
North Carolina Repealed the bank privilege tax. Corporate Income 1/1/2016 -$12.0 -$12.0
North Carolina Expanded the sales tax base to include service charges on repairs, maintenance and installation of tangible personal property. Sales 3/1/2016 $44.5 $159.5
North Carolina Exempted aviation fuel from the sales tax. Sales 7/1/2016 -$7.5 -$15.0
North Carolina Exempted motorsports fuel and parts from the sales tax. Sales 7/1/2016 $0.0 -$1.9
North Carolina Changed to formula used to calculate the tax on motor fuels. Motor Fuel 7/1/2015 -$30.6 -$28.6
North Dakota Reduced personal income tax rates by 10 percent. Personal Income 1/1/2015 -$43.5 -$43.5
North Dakota Approved a personal income tax credit for contributions to a housing incentive fund. Personal Income 8/1/2015 -$15.0 $0.0
North Dakota Reduced corporate income tax rates by 5 percent. Corporate Income 1/1/2015 -$11.5 -$11.5
North Dakota Approved a corporate income tax credit for contributions to a housing incentive fund. Corporate Income 8/1/2015 -$15.0 $0.0
North Dakota Approved an alternate income apportionment method for calculating corporate income tax. Corporate Income 8/1/2015 -$7.5 -$7.5
North Dakota Approved corporate income tax credits for renaissance zones. Corporate Income 8/1/2015 -$1.0 -$1.0
North Dakota Reduced the oil extraction tax from 6.5 percent to 5 percent and removed various exemptions.  This measure removed contingent rate reductions and exemptions that were triggered by changes in oil prices. Other 1/1/2016  Indeterminate.  Indeterminate.
Ohio Continued phasing down personal income tax rates. Personal Income 1/1/2015 -$909.4 -$648.3
Ohio Enhanced the small business income tax deduction by exempting the first $250,000 of business income and imposing a 3 percent tax on income over $250,000. Personal Income 1/1/2015 -$258 -$443
Ohio Implemented means testing for retirement income tax credit and senior citizen credit so that credits are available only to taxpayers with Ohio taxable income below $100,000. Personal Income 1/1/2015 $24.9 $25.5
Ohio Approved an exemption from the commercial activity tax for certain health and beauty product supply chain receipts. Corporate Income 1/1/2015 -$5.0 -$3.0
Ohio Approved a sales tax exemption for repair related rental car expenses. Sales 7/1/2015 -$2.4 -$2.7
Ohio Approved a sales tax exemption for sanitation services provided to a meat processing facility. Sales 7/1/2015 -$1.7 -$2.6
Ohio Changed the criteria for determining substantial nexus for out-of-state sellers. Sales 7/1/2015 $25.0 $25.0
Ohio Increased the tax rate on cigarettes from $1.25 per pack to $1.60 per pack. Tobacco 7/1/2015 $208.6 $170.3
Ohio Continued the hospital assessments for two more years. No change in taxpayer liability. Heath Care 10/1/2015 $582.9 $613.4
Ohio Extended various sunsetting EPA fees for another two years. No change in taxpayer liability. Fee 7/1/2016 $0.0 $81.0
Oklahoma The revenue trigger was met resulting in a reduction in the top marginal individual income tax rate from 5.25 percent to 5 percent, beginning with tax year 2016. Personal Income 1/1/2016 -$57 -$147
Oregon Extended a number of income tax credits that were scheduled to sunset. No change in taxpayer liability Personal Income 1/1/2016 -$40 -$41.0
Oregon Allowed some income tax credits to sunset. Personal Income 1/1/2015 $13.5 $13.7
Oregon Disallowed tax credits to be used against corporate minimum tax. Corporate Income 1/1/2015 $9.2 $10.0
Oregon Extended the $0.50 per bottle of spirits surcharge. No change in taxpayer liability Alcohol 7/1/2015 $7.3 $7.5
Oregon Exempted certain intangible property of communications companies from the property tax (centrally assessed). Other 10/1/2015 -$7.8 -$8.0
Rhode Island Approved a partial social security exemption from the income tax. Personal Income 1/1/2016 -$9.3 -$19.5
Rhode Island Increased the allowable EITC from 10 percent to 12.5 percent refundable. Personal Income 1/1/2016 -$3.0 -$6.4
Rhode Island Reduced the corporate minimum tax. Corporate Income 1/1/2016 -$1.6 -$3.3
Rhode Island Eliminated the sales tax levied on commercial energy. Sales 7/1/2015 -$24.4 -$25.0
Rhode Island Eliminated the sales tax on wine and liquor. Sales 7/1/2015 -$14.3 -$14.9
Rhode Island Expanded the sales tax to vacation home rentals, room resellers, unlicensed rentals and small B&Bs. Sales 7/1/2015 $7.1 $7.4
Rhode Island Increased the cigarette tax $0.25 per pack.  The rate went from $3.50 to $3.75 per pack. Tobacco 8/1/2015 $7.1 $7.0
Rhode Island Made the temporary excise tax on beer, wine and liquor permanent.  It was scheduled to expire on June 30, 2015. No change in taxpayer liability Alcohol 7/1/2015 $6.5 $6.5
Rhode Island Increased the gas tax by $0.01 per gallon. The rate went from $0.33 to $0.34 per gallon. Motor Fuel 7/1/2015 $4.4 $4.4
Rhode Island Eliminated surcharges for imaging and outpatient surgical center services. Heath Care 7/1/2015 -$2.3 -$2.3
South Carolina Adopted an educational income tax credit for exceptional needs children in the amount of $10,000 per child up to $12 million cumulatively. Personal Income 7/1/2015 -$12.0 -$12.0
South Carolina Approved a sales tax exemption for the sale of children's clothing sold to private charitable organizations for distribution to needy children. Sales 1/1/2016 -$0.7 -$1.4
South Dakota Increased the motor fuel tax from $0.22 per gallon to $0.28 per gallon. Motor Fuel 4/1/2015 $39.0 $39.0
South Dakota Increased the motor fuel tax on ethyl alcohol and methyl alcohol from $0.08 per gallon to $0.14 per gallon. Motor Fuel 4/1/2015 $2.3 $2.3
South Dakota Raised the motor vehicle excise tax from 3 percent to 4 percent. Other 4/1/2015 $27.0 $27.0
South Dakota Revised the levy authority for county highways and bridges. The old levy was $1.20 per $1,000 of assessed value and the new levy rates vary based on assessed value of the county. Property   N.A. N.A.
South Dakota Increased various motor vehicle registration fees by 20 percent. Fee 4/1/2015 $15.0 $2.0
South Dakota Authorized counties the ability to increase the wheel tax from $4 to $5 per wheel. Fee 4/1/2015  Unknown.  Unknown.
Tennessee Modified the franchise and excise tax to establish an expiration date for multiple tax credits and expanded the definition of industrial machinery and qualified business enterprises for the purpose of tax credits and extended the jobs tax credit. Corporate Income 7/1/2015 -$2.7 -$4.4
Tennessee Enacted a revenue modernization act that defines nexus, moved to a triple-weighted sales factor for apportionment, implemented market-based sourcing and implemented click-through nexus for sales tax purposes. Corporate Income Various $17.2 -$6.2
Tennessee Exempted diabetic testing supplies from the sales tax. Sales   -$1.7 -$1.7
Tennessee Capped the amount of sales tax imposed on a person's use, consumption or storage of aviation fuel that is used in the operation of airplane or aircraft motors. Sales 7/1/2015 -$4.7 -$10.3
Tennessee Renewed the annual hospital assessment of 4.52 percent.  No change in taxpayer liability Heath Care 7/1/2015 $449.8 N.A.
Tennessee Extended the expiration of the 5.5 percent tax on the monthly gross receipts of an intermediate care facility for an additional two years. No change in taxpayer liability Heath Care 7/1/2015 $11.4 $11.4
Tennessee Extended the annual nursing home assessment for an additional year. No change in taxpayer liability Heath Care 7/1/2015 $107.1 N.A.
Tennessee Increased from 5.5 percent to 6 percent the tax imposed on the gross amount of all dollars collected from enrollees in a health maintenance organization (HMO). Heath Care 7/1/2015 $33.7 $33.7
Tennessee Increased the fee for recording liens, encumbrances and mortgages on certificates of title from $5.50 to $11.00 Fee 7/1/2015 $6.1 $6.1
Tennessee Changed driver licenses to a validity period of 8 years. Fee 1/1/2016 $1.2 $3.3
Tennessee Authorized the department of transportation to issue a special permit for overweight vehicles. Fee 7/1/2015 $1.4 $1.4
Tennessee Imposed new insurance coverage failure fees. Fee 7/1/2015 $5.6 $7.3
Tennessee Authorized a new fee structure for recreational permits, which is a complete redesign of the department of agriculture's fee structure. Fee 7/1/2015 $5.6 $5.6
Tennessee Created an new lifetime handgun carry permit of $500. Fee 7/1/2015 $1.5 $1.5
Tennessee Imposed a new tire environmental fee on each purchase of a new motor vehicle to be titled and registered in Tennessee. Fee 10/1/2015 $1.1 $1.5
Texas Reduced the business franchise tax rate. Corporate Income 1/1/2016 -$1268.5 -$1297.4
Texas Approved a sales tax exemption for services provided by a public insurance adjuster. Sales 10/1/2015 -$1.0 -$1.0
Texas Approved a sales tax exemption for the resale of a computer program to a provider of internet hosting services. Sales 9/1/2015 -$1.5 -$1.5
Texas Approved a sales tax free weekend for emergency supplies and hurricane-proofing materials. Sales 9/1/2015 -$1.1 -$1.2
Texas Approved a sales tax free weekend for certain water conserving products. Sales 10/1/2015 -$3.7 -$4.0
Texas Approved a motor vehicle sales tax exemption for vehicles operated by a commercial transportation services company under a contract with schools. Sales 9/1/2015 -$2.0 -$2.0
Texas Increased the homestead exemption from $15,000 to $25,000. Property   -$616 N.A.
Texas Excluded certain partnerships and professional organizations from fees on certain reports. Fee 9/1/2015 -$2.4 -$2.4
Texas Reduced the fee on the delivery of certain petroleum products. Fee 9/1/2015 -$10.8 -$10.8
Texas Reduced the diesel surcharge assessment on the sale, lease or rental of certain off-road equipment. Fee 9/1/2015 -$15.2 -$17.3
Texas Eliminated $200 professional fees. Fee 9/1/2015 -$125.1 -$126.5
Utah Approved a new county option sales tax in the amount of 0.25 percent for transportation.  This is part of a bigger tax reform measure. Sales 7/1/2015 N.A. $145.7
Utah Authorized a city/town local option sales tax of up to .5 percent if a new correctional facility is built in its boundaries. Sales 7/1/2015  Unknown.  Unknown.
Utah Repealed the current 24.5 per gallon excise tax on motor fuel and shifted to a 12 percent tax on average rack price (with a floor price of $2.45 and a ceiling of $3.33) Motor Fuel 1/1/2016 $21.9 $75.4
Utah Approved a new variable rate assessment on ambulance service providers (restricted funds). Heath Care 7/1/2015 $10.7 $10.7
Utah Approved a new variable rate nursing home assessment (restricted funds). Heath Care 7/1/2015 $3.9 $3.9
Utah Increased the basic property tax levy increment rate from .001477 to .001764. Property   $75.0 N.A.
Vermont Approved a new income tax measure that excludes state and local income tax deductions from state itemized deductions and caps all remaining deductions at 2.5 times the standard deduction (excluding medical and charitable deductions).  The measure also applies a 3 percent minimum tax for adjusted incomes greater than $150,000. Personal Income 1/1/2015 $22.9  No estimate.
Vermont Expanded the sales tax base to include soft drinks. Sales 7/1/2015 $7.3  No estimate.
Vermont Exempted prepackaged software that is accessed remotely (cloud) from the sales tax. Sales 5/28/2015 -$2.3  No estimate.
Vermont Raised tobacco taxes.  The tax rate on cigarettes was increased from $2.75 per pack to $3.08 per pack. Tobacco 7/1/2015 $3.2  No estimate.
Vermont Approved a 0.2 percent surcharge on the real estate transfer tax. Other 7/1/2015 $5.3  No estimate.
Virginia Lowered the personal and corporate income tax credit for land preservation from $100 million annually to $75 million.  Also reduced the credit amount that can be claimed on each annual tax return for two years. This was part of a bigger tax preference reform proposal. Personal Income 7/1/2015 $22.4 $22.4
Virginia Consolidated three existing sales tax holidays (school items, energy efficiency items and hurricane preparedness items) into the same three-day period in August.  Also added a sunset date in three years. This measure was part of a bigger tax preference reform proposal. Sales 7/1/2015 $1.0 $1.0
Virginia Raised the handling fee on alcoholic beverages from $1 to $2 per case, increased the markup on mini alcohol bottles from 49 percent to 69 percent and rounded up the price at the shelf. Alcohol 1/1/2015 $9.5 $9.8
Virginia Increased the motor fuel tax rate from 3.5 percent of wholesale price to 5.1 percent of wholesale price due to failure of Congress to authorize states to collect remote sales tax by Jan. 1, 2015.  This was part of the 2013 transportation funding legislation. Motor Fuel 1/1/2015  None.  None.
Virginia Continued phasing in the motor vehicle titling tax as determined by the 2013 transportation funding measure.  The rate goes from 3 percent to 4.15 percent in FY 2016. Other 7/1/2015 $228.0 $246.3
Virginia Reduced the threshold for accelerating sales tax collections from July to June.  Threshold was lowered from $26 million in taxable sales to $2.5 million in taxable sales. Non-Tax 3/1/2015 $18.6  Unknown.
Washington Extended the B&O tax exemption on food processors. No change in taxpayer liability Corporate Income 7/1/2015 -$6.1 -$6.6
Washington Extended the B&O tax preferences for the aluminum industry for another 10 years. No change in taxpayer liability Corporate Income 1/1/2017 $0.0 -$2.7
Washington Reduced the public utility tax rate for log hauling. Corporate Income 9/1/2015 -$0.8 -$1.0
Washington Increased the B&O tax on royalty income. Corporate Income 8/1/2015 $13.9 $17.5
Washington Applied an economic nexus standard to wholesale sales from out of state companies as it applies to B&O tax. Corporate Income 9/1/2015 $12.0 $33.4
Washington Eliminated the ability of certain software manufacturers to take the sales tax exemption for manufacturing equipment and sales. Sales 8/1/2015 $25.7 $31.5
Washington Adopted a click through nexus standard that requires some out of state sellers to collect sales taxes. Sales 9/1/2015 $11.8 $16.5
Washington Extended the sales tax exemption for data center servers.  No change in taxpayer liability Sales 7/1/2015 -$4.2 -$8.3
Washington Approved a sales tax deferral on five manufacturing facilities as a pilot program. Sales 7/1/2015 -$3.2 N.A.
Washington Changed the marijuana tax structure from 25 percent of gross sales on producer, processors and retailers to 37 percent on the end consumer.  Expected to be revenue neutral. Other 7/1/2015 $0.0 $0.0
Washington Increased the gas tax rate from $0.375 per gallon to $0.445 per gallon on Aug. 1, 2015 to $0.494 per gallon on Jul. 1 2016. Motor Fuel 8/1/2015 $220.5 $375.0
West Virginia Terminated the strategic research and development income tax credit for investment or expenditures made on or after Jan. 1, 2014. Corporate Income 1/1/2014 $4.0 $4.0
West Virginia Increased the tax rate and extended the expiration date on eligible acute care hospitals. Heath Care 7/1/2015 $20.7 $6.7
Wisconsin Increased the standard deduction for married filers. Personal Income 1/1/2016 N.A. -$20.9
Wisconsin Adopted federal AMT exemption amounts and indexing provisions. Personal Income 1/1/2017 N.A. -$6.0
Wisconsin Adopted the federal deduction for teacher expenses at the state level. Personal Income 1/1/2015 -$1.1 -$1.1
Wisconsin Approved a one-time decrease in the manufacturing and agricultural corporate income tax credit. Corporate Income 1/1/2015 $16.8 N.A.
Wisconsin Repealed the corporate income tax exclusion for the hiring of new employees. Corporate Income 1/1/2015 $2.7 $2.7
Wisconsin Consolidated business tax credits. Corporate Income 1/1/2016 $2.3 $5.8
Wisconsin Delayed the state date for private label credit card refund provisions that was scheduled to take effect in FY 2016, but was postponed for two years. No change in taxpayer liability Sales 7/1/2017 $10.7 $11.1
Wisconsin Increased state park and forest admission and trail fees. Fee 1/1/2016 $0.8 $1.4
Wisconsin Increased state park and forest camping fees. Fee 7/1/2015 $2.7 $2.8

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