S.F. No. 4522 Summary

• Repeals Minnesota Statutes section 3.192, which required bills creating or renewing tax expenditures to include a statement of purpose, effectiveness standards, and an expiration date of no more than eight years.

• Changes the Tax Expenditure Review Commission's public hearing deadline from December 1 to February 1 of the year a tax expenditure is included in a commission report.

• Changes the commission's annual report deadline to the legislature from December 15 to February 15.

• Removes the requirement that the commission identify tax expenditure purposes according to section 3.192, allowing the commission to identify purposes if none was previously identified in enacting legislation.

• Allows the commission to omit review components if it determines they are not feasible due to lack of data, research, staff resources, or majority support for a recommendation.