HB1569 aims to increase transparency and accountability of tax exemptions in Washington State.

HB1569 introduces measures to enhance transparency and accountability of tax exemptions in Washington State. The bill requires the Joint Legislative Audit and Review Committee to review tax preferences and provide recommendations for their continuation, modification, or termination. It mandates the Governor to submit a discretionary tax expenditure budget to the legislature, detailing all discretionary tax expenditures. The bill also requires the Department of Revenue to prepare a report on the revenue impact of these expenditures.

HB1569 aims to increase transparency and accountability of tax exemptions in Washington State.

HB1569 introduces measures to enhance transparency and accountability of tax exemptions in Washington State. The bill requires the Joint Legislative Audit and Review Committee to review tax preferences and provide recommendations for their continuation, modification, or termination. It mandates the Governor to submit a discretionary tax expenditure budget to the legislature, detailing all discretionary tax expenditures. The bill also requires the Department of Revenue to prepare a report on the revenue impact of these expenditures.