Sec. 2. (a) As used in this section, "tax expenditure" means a tax exemption, tax deduction, tax credit, preferential tax rate, or tax provision that reduces a person's state tax liability. (b) The legislative services agency shall, before November 1 of each even numbered year, prepare and publish a tax expenditure report. (c) The tax expenditure report must include at least the following: (1) A listing and explanation of each tax expenditure. (2) The history of each tax expenditure. (3) An estimate for each state fiscal year of the next biennial budget of the cost of each tax expenditure. (4) A discussion of the criteria used to determine whether a tax provision is or is not a tax expenditure. (d) The legislative services agency shall submit the tax expenditure report to: (1) the legislative council; (2) the interim study committee on fiscal policy established by IC 2-5-1.3-4 ; and (3) the chairpersons and ranking minority members of: (A) the house committee on ways and means; and (B) the senate committee on appropriations; for use in the preparation of and consideration of the state biennial budget. IC 2-5-4 Chapter 4. Repealed IC 2-5-5 Chapter 5. Repealed IC 2-5-6 Chapter 6. Repealed IC 2-5-7 Chapter 7. Repealed IC 2-5-8 Chapter 8. Repealed IC 2-5-9 Chapter 9. Repealed IC 2-5-10 Chapter 10. Repealed IC 2-5-11 Chapter 11. Repealed IC 2-5-12 Chapter 12. Repealed IC 2-5-13 Chapter 13. Repealed IC 2-5-14 Chapter 14. Repealed IC 2-5-15 Chapter 15. Repealed IC 2-5-16 Chapter 16. Repealed IC 2-5-16.1 Chapter 16.1. Probate Code Study Committee 2-5-16.1-1 "Committee" 2-5-16.1-2 Probate code study committee 2-5-16.1-3 Membership; term of service 2-5-16.1-3.5 Governing authorities 2-5-16.1-4 Repealed 2-5-16.1-5 Repealed 2-5-16.1-6 Quorum; required number of affirmative votes to take final action 2-5-16.1-7 Rules; subcommittees 2-5-16.1-8 Repealed 2-5-16.1-9 Repealed 2-5-16.1-10 Repealed 2-5-16.1-11 Additional funding sources 2-5-16.1-12 Repealed 2-5-16.1-13 Study and recommendations 2-5-16.1-14 Referral of issues from legislative council
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