Staff Analysis of the Legislation
|
This legislation requires additional information to be included in the state budget report regarding tax expenditures. When possible, the tax expenditure report will include a description of the objective of the tax expenditure, information that shows whether the tax expenditure is meeting it's intended purpose, an analysis of the tax expenditure's effect in the administration of the tax system and an analysis of the people, companies or other entities that directly benefit from the tax expenditure. |