The One Big, Beautiful Bill provides entrepreneurs and small businesses with the tools and policy environment they need to invest in their businesses and workforce, to innovate and strengthen their firms, and to lead America's economic resurgence.”

The Legislature has 60 calendar days to act upon the veto. Most bills, whether signed by the Governor or passed as a result of an override, go into effect on January 1 of the next year.

Major elements of the changes include reducing tax rates for corporations and individuals, increasing the standard deduction and family tax credits, eliminating personal exemptions and making it less beneficial to itemize deductions, limiting deductions for state and local income taxes and property taxes, further ...