ACT 177, SB100 SD2 HD1 CD1, 7/11/2017Posted on Jul 13, 2017 in 2017 Acts
RELATING TO TAXATION
Delays the reviews by the Auditor of tax exemptions, exclusions, credits, and deductions. Provides the Auditor with access to DOTAX records for the reviews and establishes confidentiality requirements concerning the data. Requires the reviews be made on a calendar year basis. Adds the organic foods production income tax credit to the schedule of review. Amends the review criteria regarding the legislative purpose of an exemption, exclusion, credit, or deduction to provide more discretion to the Auditor.