HCR 7 (LSB 1393YH (2) 88)

HOUSE CONCURRENT RESOLUTION NO. 7

BY  BRECKENRIDGE

A Concurrent Resolution to establish a tax credit matrix interim study committee.

   WHEREAS, the legislative council is requested to appoint an interim study committee to examine tax credits during the 2019 interim; and
   WHEREAS, the interim study committee shall be charged with creating and recommending a tax credit matrix to provide a comprehensive assessment mechanism and scoring system to produce a statistically verifiable basis for determining whether tax credits are benefiting this state; and
   WHEREAS, the tax credit matrix shall serve as a basis for the study of the utilization of tax credits as a tool for promoting and supporting economic growth and development; and
   WHEREAS, the tax credit matrix shall also be used as a basis for the establishment or repeal of tax credits in this state; and
   WHEREAS, the interim study committee shall consist of an equal number of majority and minority members from the senate and the house of representatives; NOW THEREFORE,

   BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES, THE SENATE CONCURRING, That an interim study committee be established by the legislative council to create and recommend a tax credit matrix for the comprehensive assessment of tax credits in this state.