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Senate Revenue & Tax Committee directs DFA to seek repeal of several statutorily required reports, retains others
Summary
The Senate Revenue & Tax Committee reviewed a package of statutory reports from the Department of Finance and Administration and instructed staff to draft repeal language for several low‑use reports while retaining others the committee said provide oversight value.
The Senate Revenue & Tax Committee reviewed a batch of statutorily required reports from the Department of Finance and Administration on Thursday, directing DFA to prepare repeal language for several low-use reports while keeping others that legislators said provide oversight value.
DFA budget analyst Paul Gehring opened the discussion, describing the agenda as a line-by-line review of reports that DFA prepares under statute. "Our next report is the property tax relief trust fund report, required by statute," Gehring said, and recommended the committee continue that report. The committee agreed to keep it.
The review covered roughly 40 reports. Committee members and DFA staff repeatedly weighed the time DFA spends producing each report against how often legislators or the public use them. Several reports were marked for repeal or further action: DFA recommended eliminating the annual report on Arkansas' involvement with the Multistate Tax Commission, the report on federal income tax changes, an annual Office of Motor…
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