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Senate Ways & Means advances bill to repeal unused tax preferences after contentious amendment votes
Summary
The Ways & Means Committee gave substitute Senate Bill 5,794 a due-pass recommendation to the rules committee after debate and votes over multiple amendments that would preserve or repeal specific tax preferences; sponsors said the bill clarifies legislative intent and removes unused preferences.
The Senate Ways & Means Committee on April 18 recommended substitute Senate Bill 5,794 to the rules committee after debate over dozens of proposed changes to state tax preferences.
The bill, as briefed to the committee, would repeal, modify, or clarify legislative intent for a set of tax preferences and, according to the staff briefing, increase state revenue in the upcoming biennium and over the four‑year outlook; staff also listed administrative costs for the Department of Revenue. The committee heard a proposed substitute by Senator Frame and multiple amendments that would restore or remove particular preferences.
The measures under discussion…
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