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Tax Expenditure Review Commission - 07/10/24
Posted
July 11, 2024
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July 11, 2024
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1:17:55Now PlayingAgenda:
1. Welcome
2. Review and approve March 15, 2024, meeting minutes
3. Presentation and discussion of selected tax expenditures
a. LBO presents initial reviews for the following tax expenditures:
i. Home Mortgage Interest – Minn. Stat. § 290.0122 subd. 2, 5 and 290.0132 subd. 19(b) (TEB 1.66)
ii. Interest on Contributions to First-Time Homebuyer Account – Minn. Stat. § 290.0132, subd. 25 and 462D.01-.06 (TEB 1.81)
iii. Angel Investment Credit – Minn. Stat. § 290.0692 and 116J.8737 (TEB 1.94)
b. Commission discusses and makes determination regarding evaluation of tax expenditures presented
c. Motion to adopt recommendation to proceed with tax expenditure evaluations
4. Resolution allowing the Commissioner of Revenue to annually call the first meeting
5. Future meeting topics
6. Other items as determined by the Chair
7. Adjourn
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