90th General Assembly
Summary of HB0905
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House Sponsors:
BIGGINS-KRAUSE-WOOLARD-LANG-SCHOENBERG.

Senate Sponsors:
PETERSON

Short description: 
COMPT-ANNUAL RPT TAX ANALYSIS                                              

Synopsis of Bill as introduced:
        Amends the State Comptroller Act.  Provides that  annual  reports      
   of  State  agencies  shall  include  an  analysis of the impact of tax      
   expenditures upon the number of jobs created or retained in the State,      
   the number of businesses attracted to or retained in  the  State,  and      
   the  extent  of  benefits conferred upon the intended beneficiaries of      
   those tax expenditures. Effective immediately.                              
        HOUSE AMENDMENT NO. 1.                                                 
        Provides that annual reports of State agencies shall include data      
   demonstrating (instead  of  an  analysis  of)  the  impact  of  a  tax      
   expenditure  upon the number of jobs created or retained in the State,      
   the number of businesses attracted to or retained in  the  State,  and      
   the  extent of benefits conferred upon the intended beneficiary of the      
   tax expenditure.                                                            
          FISCAL NOTE (State Comptroller)                                      
          First year incremental costs would be $47,000; analyses would        
          better allow the General Assembly to evaluate the merits of          
          $3.7 billion of forgone tax revenues.                                
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



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