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Tax Expenditure Bill Requirements

Concerning certain requirements that must be included in a tax expenditure bill.
2020 Regular Session
Fiscal Policy & Taxes
Bill Summary

Current law requires a legislative declaration stating the intended purpose of a new tax expenditure or the intended purpose for extending an expiring tax expenditure. The act expands that law by:

  • Requiring a statutory legislative declaration, not nonstatutory;
  • Requiring any bill that creates a new tax expenditure to include a repeal of the expenditure after a specified period of tax years and any bill that extends an expiring tax expenditure to extend the expenditure for a specified period of tax years; and
  • Requiring the statement of the intended purpose to be a part of a tax preference performance statement, which includes:
  • The classification of the type of the tax expenditure; and
  • Detailed information regarding the legislative purpose of the tax expenditure, which, at minimum, includes clear, relevant, and ascertainable metrics and data requirements that allow the tax expenditure to be measured for effectiveness in achieving the intended purpose.
    (Note: This summary applies to this bill as enacted.)


Became Law


Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    06/30/2020 Signed Act PDF
    06/19/2020 Final Act PDF
    06/08/2020 Rerevised PDF
    06/04/2020 Revised PDF
    02/18/2020 Reengrossed PDF
    02/14/2020 Engrossed PDF
    01/08/2020 Introduced PDF


Sponsor Type Legislators
Prime Sponsor

Sen. J. Tate
Rep. A. Benavidez, Rep. M. Snyder


Sen. D. Moreno


Sen. L. Crowder
Rep. K. Becker, Rep. C. Kennedy

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details