Bills › 90th General Assembly
Creating a legislative tax expenditure committee to review certain tax expenditures prior to repeal or that are otherwise ending
Topics:State governmentTaxes
Where it is now
- Done: IntroducedFebruary 8, 2024
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committee
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2024 session adjourned on April 19, 2024, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Iowa would create a new group of ten lawmakers to study certain tax breaks before they are removed or ended. This committee will look at how these tax programs work and then write a report with their findings and suggestions. The group will include members from both political parties in the state legislature.1
Read the official explanation
This bill creates a legislative tax expenditure committee to review certain tax expenditures prior to repeal or otherwise ending. The bill creates a legislative tax expenditure committee (committee) as a committee of the legislative council which shall be composed of 10 members of the general assembly, consisting of five members from each house, to be appointed by the legislative council. In appointing the five members of each house to the committee, the council shall appoint three members from the majority party and two members from the minority party. The purpose of the committee is to review a tax expenditure prior to any repeal or otherwise ending of that tax expenditure program if possible under the circumstances.48(3), and of other tax expenditures listed in the bill. The bill requires the committee to submit a report to the legislative council containing the results of the review. The report may make a recommendation relating to the reviewed tax expenditure.