RD717 - Fiscal Year 2025 Tax Preferences Report – October 31, 2025


Executive Summary:

Pursuant to Item 3-5.13 B of the 2025 Appropriation Act (House Bill 1600, Chapter 725), this report provides information regarding the Fiscal Year 2025 estimated sales and local tax impact of each sales tax exemption currently scheduled to expire on or before July 1, 2030, as well as the Fiscal Year 2025 General Fund revenue impact of each income tax credit currently scheduled to expire on or before July 1, 2030.