Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Committee Work Plan topic
No spam. Unsubscribe anytime.
Revenue Stabilization & Tax Policy interim committee adopts work plan, sets deadlines for tax proposals
Summary
The Revenue Stabilization & Tax Policy interim committee approved a clustered work plan to prepare a bipartisan tax package for the 2026 session, set an Oct. 1 deadline to submit legislation for committee endorsement and a Dec. 16 date to vote on endorsements.
The Revenue Stabilization & Tax Policy interim committee voted to adopt a work plan laying out topics and deadlines to develop a bipartisan tax package lawmakers hope to carry into the 2026 legislative session.
Chair Senator Carrie Hamlin opened the meeting and asked members to introduce themselves and their priorities before staff presented the proposed work plan. After discussion and a brief period for members to suggest additions, the committee voted to approve the work plan as amended. A motion to approve the work plan was made on the record and seconded by Senator Natalie Figueroa; the chair called for objections and recorded none, adopting the plan by voice vote.
The work plan groups topics for the remaining eight interim meeting days. The committee set an Oct. 1 deadline for members to submit any legislation they want the committee to endorse and a Dec. 16 date for the committee to vote on any endorsements. Chair Hamlin said the committee’s overarching objective is to “come out of this interim session with a tax package that we all support that does not have a high risk of getting vetoed.”
Members offered additions and priorities while the work plan was reviewed. Representative Patty Lundstrom pressed for clear justification for any tax package proposals and warned against assembling a package of ad‑hoc ideas without LFC affordability checks. Senator Bill Scherer urged comprehensive reform, saying committee work should identify which exemptions, credits and deductions work and which do not. Representatives and senators suggested subjects for study, including alcohol and nicotine excise taxes, property tax options for second homes and incentives to spur residential construction, data center incentives and broadband implications, valuation of economic development tax incentives, and the HB403 reclamation fund.
Committee staff and the Legislative Finance Committee agreed to provide financial analyses, a catalog of funds and reserves, and evaluations of major incentives so members can weigh tradeoffs before drafting bills. The chair closed the meeting by reminding members she expects to cluster topics by theme to make efficient use of the remaining interim meeting days.
Ending: The committee adjourned after approving the work plan and setting the deadlines; staff will circulate the amended plan and schedule follow‑up briefings in August and subsequent interim meetings.
