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Committee reviews statutory transfers to Tax Computer System Modernization Fund; cites 2007 fund rules

2395435 · February 25, 2025
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Summary

Members reviewed annual, statute-required transfers into the Tax Computer System Modernization Fund and recited the fund's statutory purpose and limits, including a cap tied to total revenue collected.

The House Energy and Digital Infrastructure Committee reviewed statute language and prior practice that require annual transfers into the Tax Computer System Modernization Fund.

Committee members noted that since February 2007 the fund has received annual transfers from the general fund and the…

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