HB 2429: DBEDT; DEPARTMENT OF TAXATION; TAXATION; TAX EXPENDITURE DISCLOSURE AND EVALUATION; INCOME TAX CREDITS; GENERAL EXCISE AND RELATED USE TAX EXEMPTIONS
- Session Year: 2025-2026
- House: House
- Latest Version Date: 2026-04-10
Current Status:
In Progress
(2026-04-17: Received notice of disagreement (Hse. Com. No. 780).)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Requires the Department of Business, Economic Development, and Tourism to study the effectiveness of tax expenditures and prepare summary descriptive statistics. Requires annual reports. Authorizes Department of Business, Economic Development, and Tourism staff to access certain information on tax returns for the purpose of studying the effectiveness of tax expenditures. Applies to taxable years beginning after 12/31/2026. Effective 7/1/3050. (SD2)
Discussed in Hearing
Apr 8, 2026
Senate Standing Committee on Judiciary
Apr 8, 2026
Senate Standing Committee on Ways and Means
Feb 13, 2026
House Standing Committee on Economic Development & Technology
Feb 13, 2026