Texas HB3279 establishes a commission to periodically review state and local tax preferences and set expiration dates.

HB3279 creates the Select Commission on Periodic Tax Preference Review to review state and local tax preferences every six years. The commission will evaluate whether each tax preference achieves its intended purpose and recommend changes or expiration. The commission will submit preliminary and final reports to the governor and legislature. Tax preferences included in the final report will expire two years after the report unless reauthorized. The commission will also develop a schedule for reviewing tax preferences, considering public comments.

Texas HB3279 establishes a commission to periodically review state and local tax preferences and set expiration dates.

HB3279 creates the Select Commission on Periodic Tax Preference Review to review state and local tax preferences every six years. The commission will evaluate whether each tax preference achieves its intended purpose and recommend changes or expiration. The commission will submit preliminary and final reports to the governor and legislature. Tax preferences included in the final report will expire two years after the report unless reauthorized. The commission will also develop a schedule for reviewing tax preferences, considering public comments.