This legislation amends the Transit Authority Act. It broadens the definition of "metropolitan area" to include any city, regardless of population, and the suburban area around it. It also requires an intergovernmental agreement when a new transit authority is created in an area where another transit authority or county public transit provider is already in operation.

This bill provides for a multitude of significant tax law changes, including but not limited to:

1) Repealing many income tax credits and exemptions and phasing in a new overall flat income tax rate of 4 percent;

2) Imposing sales tax on digital products;

3) Repealing multiple sales tax exemptions, including the food exemption, and increasing the rate of state sales tax to 5 percent;

4) Phasing in increases on cigarette excise taxes; and

5) Providing for a new, comprehensive state and local communications services tax on all telecommunication services other than internet access.