Staff Analysis of the Legislation
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HB 920 purports to add requirements to the tax expenditure review that is prepared by the Department of Audits and the Office of Planning and Budget. Specifically, it allows for tax expenditure analysis on whether it is meeting the objective, the effect of the distribution of the tax burden and administration of the tax system and how it has benefitted certain persons, corporations or other entities. It is unclear if the new items are intended to be required or merely authorized.
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