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House Bill 413

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Last Action 02/12/20: to Appropriations & Revenue (H)
Title AN ACT relating to tax expenditures.
Bill Documents Introduced
Fiscal Impact Statement Fiscal Note
Bill Request Number 164
Sponsors J. Tipton, J. Petrie, T. Bojanowski, J. Graviss, M. Sorolis, S. Westrom
Summary of Original Version Create a new section of KRS Chapter 7A to establish the Tax Expenditure Oversight Board; amend KRS 11.068 to require the annual production of a detailed estimate of the revenue loss resulting from each tax expenditure from the general fund and road fund; amend KRS 131.020 to require the Department of Revenue to collect, report, and provide data to the Tax Expenditure Oversight Board; amend KRS 131.190 to exempt the data provided by the Department of Revenue from the confidentiality standards for tax return data.
Index Headings of Original Version Taxation, Income--Corporate - Tax Expenditure Oversight Board, establishment of
Taxation, Income--Individual - Tax Expenditure Oversight Board, establishment of
Taxation, Inheritance and Estate - Tax Expenditure Oversight Board, establishment of
Taxation, Property - Tax Expenditure Oversight Board, establishment of
Taxation, Sales and Use - Tax Expenditure Oversight Board, establishment of
Taxation, Severance - Tax Expenditure Oversight Board, establishment of
Auditor of Public Accounts - Tax Expenditure Oversight Board, appointment to
Budget and Financial Administration - Estimate of revenue loss, tax expenditures, including within
Advisory Boards, Commissions, and Committees - Tax Expenditure Oversight Board, establishment of
Fiscal Note - Estimate of revenue loss, tax expenditures, including within
General Assembly - Tax Expenditure Oversight Board, establishment of
Legislative Research Commission - Tax Expenditure Oversight Board, establishment of
Taxation - Tax Expenditure Oversight Board, establishment of

Actions

Top
02/10/20
  • introduced in House
02/12/20
  • to Appropriations & Revenue (H)


Last updated: 10/27/2020 12:10 PM (EDT)
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