Legislative Session number- 83

Bill Name: SF1194

Reforming the state and local tax codes to provide a revenue neutral +means of
sharing the burden of the budget deficit; expanding the income tax +subtraction
for health insurance; increasing the income tax rate on the higher +two tiers
and the dependent care and working family credits; providing a +refundable
dependent child credit, specifying certain limits; providing for +computation of
an alternative property tax refund and for an annual inflation +adjustment;
exempting vitamins from the sales tax and expanding the exemptions +for drugs
and medical devices, for certain hygiene products, for medical +supplies
purchased by licensed health care facilities or professionals for +residents or
patients treatment purposes and for sales to local government units; +imposing
the sales tax at a lower rate on capital equipment; repealing the +gross
earnings tax on hospitals and health care providers(ra)