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SB 0040 - Report Impact of Tax Exemptions on State and Local Revenues
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Tracking Level: Support
Sponsor: Jackson, Lester 2nd
Last Action: 1/15/2013 - Senate - Senate Read and Referred
State Code Titles: 48
Senate Committee: FIN
Assigned To:
Business and Occupation TaxNext Bill
Clint MuellerNext Bill
Economic DevelopmentNext Bill
FinancingNext Bill
Property TaxNext Bill
Sales Tax-LocalNext Bill
Tax CommissionerNext Bill

Staff Analysis of the Legislation

SB 40 requires the Department of Revenue to prepare a report on all state and local tax exemptions, exclusions, deductions, credits and preferential rates. Among other items, the report must show the revenue lost, the exemption purpose and the exemption recipient.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text






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