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Panel approves bill to clarify statute definition for tax‑incentive data requests
2104174 · January 8, 2025
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Summary
Senate Bill 2038, clarifying that ‘tax incentive’ includes deductions, credits and exemptions for the purpose of reporting, was advanced by the Senate Finance and Tax Committee to ensure future interim exemption studies receive complete data from the tax department.
Senate Bill 2038, carried to the hearing by Representative Jared Hegert, would add the word “incentive” to a statutory subsection and define it so that tax‑incentive data requests include deductions, credits and exemptions. The Senate Finance and Tax Committee approved a due‑pass…
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