Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Tax Policy topic

No spam. Unsubscribe anytime.

Committee adopts amendment and reports bill that would eliminate several tax filing discounts

Senate Labor and Commerce Committee · March 2, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Senate Labor and Commerce Committee adopted a conceptual amendment changing SB 164's effective date to July 1, 2026, and reported the bill from committee. Sponsor Senator Kelly Merrick said the Department of Revenue estimates the change could raise nearly $500,000 annually.

Senator Kelly Merrick summarized Senate Bill 164 for the Senate Labor and Commerce Committee, saying the measure would eliminate four timely-filing tax discounts, including the motor fuel timely-filing credit, a tobacco-products timely-filing deduction, the cigarette stamp tax discount and a tire-fee timely-filing discount. "The Department of Revenue estimates SB 164 could raise nearly $500,000 a year for the state," Merrick said, adding the revenue could be directed toward capital projects and public safety.

The committee opened public testimony and none was offered. A committee member moved to adopt Conceptual Amendment No. 1 to change the effective date in section 6 to July 1, 2026; the amendment was adopted without objection. The same member then moved to report SB 164 from committee with individual recommendations and an attached fiscal note; the motion passed by voice vote with no objections and the committee granted legislative legal authority to make technical and conforming changes.

The action marks a procedural step that sends the amended bill forward with a fiscal note attached; the committee did not take a roll-call vote during the hearing. The sponsor said staff will complete paperwork and the committee recessed briefly to sign documents before moving on to other agenda items.