1.Report. The bureau shall submit a report regarding tax expenditures to the committee by February 15th of each odd-numbered year. The report must contain: A. A summary of each tax expenditure in the laws administered by the bureau; [2001, c. 652, §7 (NEW).]B. A description of the purpose and background of the tax expenditure and the groups likely to benefit from the tax expenditure; [2001, c. 652, §7 (NEW).]C. An estimate of the cost of the tax expenditure for the current biennium; [2001, c. 652, §7 (NEW).]D. Any issues regarding tax expenditures that need to be considered by the Legislature; [2017, c. 211, Pt. E, §4 (AMD).]E. Any recommendation regarding the amendment, repeal or replacement of the tax expenditure; and [2017, c. 211, Pt. E, §4 (AMD).]F. The total amount of reimbursement paid to each person claiming a reimbursement for taxes paid on certain business property under chapter 915. [2017, c. 211, Pt. E, §4 (NEW).] [2017, c. 211, Pt. E, §4 (AMD).]
Amended by 2017, c. 211,§ E-4, eff. 11/1/2017.2001, c. 652, § 7 (NEW) .