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Increase income tax from 3.9 percent to 4.35 percent (as passed)
Revise use tax provisions
Revise “deferred assets” taxation under new state business tax
Revise sales tax “bad debt” allowance
Revise “deferred assets” taxation under new state business tax
Allow convention facility “fund raids”
Impose property tax on certain anti-pollution equipment
Expand sales tax to extend the 6 percent sales tax
Expand service tax to extend the 6 percent use tax
Limit income tax deduction for depreciation
