SB 219

April 23, 2013

Tax Exemption Safeguards Would Prevent Future Waste and Misuse

New safeguards are needed to curb the growth of costly tax exemptions, rebates, credits and other loopholes that detract from the state’s ability to fund basic services. The Legislature should ensure that these tax breaks fulfill their original promise by requiring periodic reviews to evaluate the state’s return-on-investment, and by making it easier to eliminate breaks that don’t measure up.… Read more...