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Panel approves bill to clarify statute definition for tax‑incentive data requests
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 recommendation for the bill.
Representative Jared Hegert told the committee the measure comes from the interim tax committee and seeks to avoid an interpretation by tax‑department legal staff that excluded some exemptions from data disclosures because the exemptions were not explicitly listed in code. He said the intent is to ensure future interim committees have consistent access to exemption data for oversight and study.
Why it matters: Lawmakers said the change is technical but important for transparency: when the department compiles exemption data for legislative study, the amended language would prevent certain incentives from being omitted from the report because of narrow statutory wording.
Formal action: Senator Dean Rummel moved a due‑pass recommendation; the motion was seconded and the committee approved the bill and assigned a senator to carry it to the floor.
