Repeals stock transfer tax rebates and dedicates funds to various programs and infrastructure.

This bill repeals the rebates for stock transfer tax paid and dedicates the funds from the stock transfer tax fund and the stock transfer incentive fund to various funds. It establishes the safe water and infrastructure action program for local drinking water, storm water, and sanitary sewer systems. Funds are allocated to different programs and infrastructure projects, including affordable housing, capital projects, and support for academic programs. The bill also repeals certain provisions related to the stock transfer tax and the stock transfer incentive fund.

Repeals stock transfer tax rebates and dedicates funds to various programs and infrastructure.

This bill repeals the rebates for stock transfer tax paid and dedicates the funds from the stock transfer tax fund and the stock transfer incentive fund to various funds. It establishes the safe water and infrastructure action program for local drinking water, storm water, and sanitary sewer systems. Funds are allocated to different programs and infrastructure projects, including affordable housing, capital projects, and support for academic programs. The bill also repeals certain provisions related to the stock transfer tax and the stock transfer incentive fund.