SB 3125

PART I:  Repeals certain future adjustments to income tax brackets.  Changes income tax rates.  Amends the Renewable Energy Technologies Income Tax Credit by adding an aggregate cap amount, setting income thresholds, adding a certification requirement, and adding a sunset date.  Adds sunset dates to the Capital Goods Excise Tax Credit and Renewable Fuels Production Tax Credit.  PART II:  Beginning 1/1/2028, repeals the Technology Infrastructure Renovation Tax Credit.  Beginning 1/1/2029, repeals the High Technology Business Investment Tax Credit and Tax Credit for Research Activities.  (CD2)