BILL · 2015–16 SESSION

SB 5492: Tax exemption accountability

Increasing tax exemption transparency and accountability.

Summary

  • Establishes the tax exemption transparency and accountability act. Creates a tax expenditure budget as part of the biennial budget adopted by the legislature. Reforms the tax expenditure process by including tax expenditures in a tax expenditure budget in the biennial state budget process and requires they be readopted every two years as part of the budget process or they expire.

From the Bill Digest (SB 5492), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 22, 2015
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Senator (D-46)
Introduced
January 22, 2015 in the Senate
Last action
March 10, 2016
Companion bill
HB 1239
Budget
Has a fiscal note

AN ACT Relating to increasing tax exemption transparency and accountability;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. First reading, referred to Ways & Means.

SB 5492 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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