Relating to taxation; and prescribing an effective date.

The Act makes technical fixes and slight policy updates to some tax statutes. (Flesch Readability Score: 63.4). Updates the terminology used to describe certain income earned by multinational corporations to reflect a change in the term used in federal law. Aligns sunset dates for earned income tax credit provisions with the underlying sunset date for the credit. Expands the tax credit for certified film production development contributions to allow the use of contributions for the production of…