36 §199-B. Report

Title 36: TAXATION

Part 1: GENERAL PROVISIONS

Chapter 10: TAX EXPENDITURE REVIEW HEADING: PL 2001, C. 652, §7 (NEW)

§199-B. Report

1. Report. The bureau shall submit a report regarding tax expenditures to the committee by January 5th 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; and [2001, c. 652, §7 (NEW).]

E. Any recommendation regarding the amendment, repeal or replacement of the tax expenditure. [2001, c. 652, §7 (NEW).]

[ 2001, c. 652, §7 (NEW) .]

SECTION HISTORY

2001, c. 652, §7 (NEW).