HB 1069 -
By Representative Orcutt
FAILED 02/07/2005
On page 1, beginning on line 7, after "interest." strike all material through "interest." on line 12, and insert "The purpose of this act is to establish a process for review of each tax preference every ten years, with a report to the legislature on how the preference can be improved."
On page 4, beginning on line 28, after "modification" strike all material through "immediately" on line 29, and insert "or modified to improve the effectiveness of the preference"
EFFECT: The purpose of the review and report on tax preferences is to recommend to the legislature how the tax preference can be improved.