2019 Regular Session
|At the request of:||(at the request of House Interim Committee on Revenue)|
|Bill Title:||Relating to tax expenditures; and prescribing an effective date.|
Requires Legislative Revenue Officer and Department of Revenue to conduct study of statutory definition of tax expenditures and operation of automatic sunset provisions applied to tax expenditures.
Modifies definition of "tax expenditure" applicable to automatic tax expenditure sunset provisions by excluding provisions required by federal law.] Requires Legislative Revenue Officer and Department of Revenue and Legislative Revenue Office] to conduct study of statutory definition of tax expenditures and operation of automatic sunset provisions applied to tax expenditures. Requires officer and department and office] to report results of study to Legislative Assembly no later than April] February 1, 2021. Takes effect on 91st day following adjournment sine die.
|Chapter Number:||Chapter 577|
|Fiscal Impact:||Has Minimal Fiscal Impact|
|Revenue Impact:||No Revenue Impact|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||Chapter Number Assigned|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|