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1.1To: Senator Skoe, Chair
1.2Committee on Taxes
1.4Chair of the Tax Reform Division, to which was referred
1.5S.F. No. 53:
A bill for an actrelating to taxes; creating a Tax Expenditure Advisory
1.6Commission; providing for review and sunset of tax expenditures;proposing coding for
1.7new law as Minnesota Statutes, chapter 290D.
1.8Reports the same back with the recommendation that the bill be amended as follows:
1.9Page 1, delete section 1
1.10Page 3, delete lines 19 to 33
1.11Page 4, delete lines 1 and 2 and insert:
1.12 "Subdivision 1. State tax provisions. In addition to the information provided in
1.13each even-numbered year under section 270C.11, before September 1 of each year prior to
1.14the first year of a regular legislative session, the commissioner shall provide a report with
1.15the following information, where applicable, for each tax expenditure subject to review
1.16during the following biennium:
1.17(1) the positive and negative impacts of the expenditure on the taxpayer or taxpayers
1.18before or after the tax expenditure;
1.19(2) the impact of the tax expenditure on the tax incidence in the state;
1.20(3) the economic development impacts of the preference, including the impact on
1.21jobs, wages, and benefits;
1.22(4) the cumulative fiscal impacts of other state and federal taxes providing benefits
1.23to taxpayers for similar activities;
1.24(5) the measurable impacts of the tax expenditure in meeting the goal of the
1.26(6) a comparison of the tax expenditure with tax treatment of taxpayers engaged
1.27in similar activities in neighboring states;
1.28(7) consideration of the probable impact on overall uniformity and fairness of the
1.29tax code; and
1.30(8) the number of taxpayers impacted by the tax expenditure and the nature of
1.32 Subd. 2. Federal conformity. The commission must also report on outstanding
1.33federal conformity provisions considering the factors listed in subdivision 1."
1.34Page 4, line 8, delete "expire" and insert "review"
1.35Page 4, line 25, delete "Expiration" and insert "Review"
1.36Page 4, line 26, delete "and expiration"
1.37Page 4, line 32, delete "chapters" and insert "chapter" and delete "and 298"
2.1Page 5, line 10, after "date" insert "or review schedule"
2.2Renumber the sections in sequence
2.3Amend the title numbers accordingly
2.4And when so amended that the bill be recommended to pass and be referred to
2.5the full committee.
2.8February 13, 2013 .....
2.9(Date of Division recommendation)