Tuesday, July 2, 2013

Legislature requires Tax Performance Statement for new tax preferences

Sometimes in the darkest moments of the legislative process a flickering light can begin to grow bright. Consider the case of SB 5882: Creating, expanding, or extending tax preferences. Originally introduced as a Title Only Bill on March 19, SB 5882 saw a fast-tracked public hearing (more accurately described as a lobbyist hearing) on June 28 to provide new flesh to its mere title. The lack of details available on the new text when the hearing began left one testifier apologizing for perhaps not commenting on the right details since he didn't know for sure what they were . . . READ MORE

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