SB 1473 - Tax Corrections Act of 2023

• Amends section 42-2003 to clarify authorized disclosure of confidential tax information and adds the office of economic opportunity to entities that may receive tax information for performing duties under title 41, chapter 53.

• Modifies section 42-5009 regarding certificates for tax deductions, including changes to motor vehicle dealer certificate requirements and removal of strikethrough language related to public consignment auction dealers.

• Amends section 42-5122 to correct grammar in provisions exempting Indian tribes, tribally owned businesses, tribal entities, and affiliated Indians from transaction privilege taxes.

• Repeals section 42-11057 (client county equipment capitalization fund) and conformingly amends section 42-13004 to remove references to that fund, with data processing monies now deposited directly to the state general fund.

• Amends sections 43-1014 and 43-1088 to clarify language regarding entity-level tax elections for partnerships and S corporations, and to expand the definition of "services" for qualifying foster care charitable organizations to include additional types of assistance.