5909-S AMS BROW WILS 023

SSB 5909 - S AMD 238

By Senator Brown

3/18/03 NOT ADOPTED

   On page 6, after line 25, insert the following:

   "NEW SECTION. Sec. 9.     A new section is added to chapter 43.136 RCW to read as follows:

   (1) The department of revenue shall design a priorities of government process for evaluating the effectiveness and priorities of tax preferences. In designing the process, the department shall be guided by the highest priority functions of state government provided in section 2 of this act and the procedures used by the office of financial management in developing the governor's 2003-05 biennial budget proposal under chapter 43.88 RCW. This process shall be designed to develop criteria to evaluate the continued viability of each tax preference in the context of the objective for which it was originally enacted, consistent with the performance audits and activity assessments performed under sections 4 and 5 of this act.

   (2) The department shall report its recommendations to the house finance committee and the senate ways and means committee by December 1, 2003.

   (2) As used in this section, "tax preference" means an exemption, exclusion, or deduction from the base of a state tax; a credit against a state tax; a deferral of a state tax; or a preferential state tax rate."

   Renumber the sections consecutively and correct any internal references accordingly.

SSB 5909 - S AMD

   By    Senator ....

   On page 1, on line 2 of the title, after "43.131 RCW;", insert "adding a new section to chapter 43.136 RCW"

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EFFECT: Requires DOR to establish a POG procedure for tax preferences.