RD487 - FY 2020 Tax Preferences Report – October 30, 2020


Executive Summary:

Pursuant to Item 3-5.14 B of the 2020 Appropriation Act (House Bill 30, Chapter 1289), this report provides information regarding the FY 2020 estimated state and local sales tax impact of each sales tax exemption currently scheduled to expire on or before June 30, 2025, as well as the FY 2020 General Fund revenue impact of each income tax credit currently scheduled to expire on or before June 30, 2025.