RD302 - Final Report of the Joint Subcommittee to Evaluate Tax Preferences Pursuant to § 3-5.17 of the 2020 Appropriation Act

Executive Summary:

The Subcommittee did not formally vote on any legislative proposals for the 2020 Session, and it did not recommend that any tax preferences be eliminated, expanded, or otherwise modified. It did not reach a consensus on any policy recommendations related to the tobacco tax study authorized pursuant to Chapter 2 of the 2018 Acts of Assembly, Special Session I, and Chapter 790 of the 2019 Acts of Assembly. The Subcommittee's findings consist of the research and comments made by its members over the course of the two-year study; therefore, this document is its final report.