(at the request of House Interim Committee on Revenue)
Chief Sponsors:
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Regular Sponsors:
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Bill Title:
Relating to evaluation of tax expenditures; prescribing an effective date.
Catchline/Summary:
Directs state agencies certifying or administering tax expenditures with purpose connected to economic development to establish policies and procedures for establishing and verifying goals and objectives of tax expenditures. Directs state agencies certifying or administering tax expenditures with purpose connected to economic development to establish policies and procedures for establishing and verifying goals and objectives of tax expenditures. Requires information to be posted on Oregon transparency website.
Applies to certifications or approvals of tax expenditures that occur on or after January 1, 2016, and to tax expenditures that do not require certification or approval and that are otherwise allowed in tax years beginning on or after January 1, 2016.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 2218 House Committee On Revenue
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