s_fin_2017a_2017-01-26t09:48:12z0 Hearing Summary
Date: 01/26/2017
Location: SCR 357
Department of Revenue Tax Expenditures Report
SENATE COMMITTEE ON FINANCE
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09:48 AM -- Department of Revenue Tax Expenditures Report
The committee was called to order. A quorum was present. Eric Hurley, Director of the Office of Research and Analysis, Department of Revenue, presented the department's 2016 Tax Profile and Expenditure Report. The report can be found online at: https://www.colorado.gov/pacific/sites/default/files/2016%20Tax%20Profile%20and%20Expenditure%20Report.pdf Committee members also received a summary of the report, prepared by the department (Attachment A). Mr. Hurley discussed the three major sections of the report: Colorado Expenditure Study, Colorado Tax Profile Study, and Colorado Individual and Corporate Statistics of Income.
17SenateFin0126AttachA.pdf
09:57 AM
Mr. Hurley responded to a committee question regarding the department's policy to protect the confidentiality of individual tax filers. He also discussed the reporting timeframe chosen for each of the three reports. Committee discussion ensued on updates to the reports.