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Committee advances bill to let Legislature access incentive data; panel narrows look-back date
Summary
The House Finance and Taxation Committee gave a do-pass-as-amended recommendation to Senate Bill 2038, which clarifies when the tax commissioner may disclose information about taxpayers receiving certain tax incentives. The committee amended the bill to permit disclosure for incentives claimed or granted after Dec. 31, 2024.
Representative Jared Hegert, chair of the interim tax committee, presented Senate Bill 2038 to clarify the tax commissioner’s authority to disclose information about tax incentives — specifically adding exemptions to the types of incentives that may be shared with legislative management for review.
Nut graf: The bill narrows a confidentiality gap that the interim tax committee encountered while trying to obtain data on incentives. Committee members debated whether to make the change retroactive and…
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