Establishes a working group to study and recommend strategies to increase the use of individual state tax credits.
The bill establishes the Working Group to Study and Recommend Strategies to Increase the Utilization of Individual Tax Credits. The working group will study the use of state tax credits, current practices of municipalities and large tax preparation firms, and the role of the taxpayer advocate. It will also evaluate barriers to accessing state tax credits and recommend strategies to increase public awareness. The group will submit a report to the Joint Standing Committee on Taxation by December 15, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.