H-1005

   Amend Senate File 130, as passed by the Senate, as follows:
   1.  Page 11, after line 26 by inserting: 
<DIVISION ___
TAX CREDIT REVIEW

   Sec. ___.  NEW SECTION.  421.11  Ongoing tax credit review —— repeal dates.
   1.  The general assembly finds that a regular review of the tax credits administered by the department of revenue is necessary to determine whether each credit is effectively and efficiently meeting the needs for which created and whether the needs remain applicable. The general assembly further finds that a regular, systematic review process can identify the tax credits that are no longer relevant or functioning at a desirable level and can eliminate or reorganize those tax credits so that state resources can be used most effectively or diverted to other priorities.
   2.  The committees on ways and means of the senate and house of representatives shall propose legislation for consideration by the eighty-seventh general assembly, 2018 session, providing a staggered schedule for establishing an automatic repeal date for each tax credit administered by the department over the succeeding five-year period. The committees on ways and means shall consult with the office of the governor and the department in formulating the staggered schedule and the office and department shall cooperate in providing necessary information requested by either committee. The repeal date provisions shall be implemented in a manner so that any tax credit that is reauthorized by law is again subject to automatic repeal five years after reauthorization.>
   2.  Title page, line 1, after <funding> by inserting <, taxation,>
   3.  By renumbering as necessary.

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HUNTER of Polk

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ABDUL-SAMAD of Polk

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ANDERSON of Polk

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BEARINGER of Fayette

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BENNETT of Linn

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BROWN-POWERS of Black Hawk

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COHOON of Des Moines

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FINKENAUER of Dubuque

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FORBES of Polk

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GAINES of Polk

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GASKILL of Wapello

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HALL of Woodbury

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HANSON of Jefferson

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HEDDENS of Story

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ISENHART of Dubuque

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JACOBY of Johnson

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KACENA of Woodbury

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KEARNS of Lee

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KRESSIG of Black Hawk

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LENSING of Johnson

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 MASCHER of Johnson

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 McCONKEY of Pottawattamie

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 MILLER of Webster

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 NIELSEN of Johnson

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 OLDSON of Polk

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 OLSON of Polk

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 OURTH of Warren

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 PRICHARD of Floyd

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 RUNNING-MARQUARDT of Linn

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 M. SMITH of Marshall

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 STAED of Linn

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 STECKMAN of Cerro Gordo

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 T. TAYLOR of Linn

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 THEDE of Scott

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 WINCKLER of Scott

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 WOLFE of Clinton