Committee advances four tax-credit renewals, adopts amendment to crop-donation credit; bills referred to Joint Committee on Tax Expenditures
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Summary
In a work session the Senate Committee on Finance and Revenue adopted an amendment increasing the crop-donation tax credit from 15% to 25% and voted to forward four credits and a study bill to the Joint Committee on Tax Expenditures with due-pass recommendations or without recommendation for the study vehicle.
The Senate Committee on Finance and Revenue held work sessions April 14 and moved several tax-credit items to the Joint Committee on Tax Expenditures.
Senate Bill 108 (crop donation tax credit): the committee adopted the -1 amendment, which extends the standard six‑year sunset and increases the credit for growers from 15% to 25% of the wholesale market price for donated crops. Vice Chair McLean moved the amendment and the committee adopted it by voice and then moved the amended bill to the floor with a "do pass" recommendation and subsequent referral to the Joint Committee on Tax Expenditures. Senator Patterson voiced support citing food‑bank demand; Senator Starr declared a potential conflict of interest, noting his family farm periodically donates to food banks. The roll call recorded affirmative votes from Senators Patterson, Starr, Taylor, Vice Chair McLean and Chair Leake; the chair announced the motion passes.
Senate Bill 112 (certain retirement income credit): the committee moved the standard six‑year sunset extension to the Joint Committee on Tax Expenditures with a due‑pass recommendation. The fiscal impact was described as minimal. The roll call recorded affirmative votes from Senators Patterson, Starr, Taylor, Vice Chair McLean and the chair.
Senate Bill 121 (Earned Income Tax Credit extension): the committee moved the standard six‑year sunset extension to the Joint Committee on Tax Expenditures with a due‑pass recommendation; the roll call recorded unanimous affirmation as read.
Senate Bill 122 (manufactured dwelling park closure credit): the committee moved the standard six‑year sunset extension to the Joint Committee on Tax Expenditures with a due‑pass recommendation; members noted the program helps families and the fiscal impact was minimal.
Senate Bill 120 (study/omnibus vehicle): the committee moved the bill to the floor without recommendation and added subsequent referral to the Joint Committee on Tax Expenditures. Committee members described the bill as a possible omnibus vehicle for combining tax‑expenditure work and said it could be amended later.
Votes at a glance: - SB 108 (as amended, -1): Amendment adoption and due pass with referral to Joint Committee on Tax Expenditures — Roll call: Patterson (Aye), Starr (Aye), Taylor (Aye), Vice Chair McLean (Aye), Chair Leake (Aye). Outcome: passed (motion to refer and due‑pass recommendation). - SB 112: Do pass and refer to Joint Committee on Tax Expenditures — Roll call: Patterson (Aye), Starr (Aye), Taylor (Yes), Vice Chair McLean (Aye), Chair Neat/Leake (Aye). Outcome: passed. - SB 121: Do pass and refer to Joint Committee on Tax Expenditures — Roll call: unanimous as read. Outcome: passed. - SB 122: Do pass and refer to Joint Committee on Tax Expenditures — Roll call: affirmative as read. Outcome: passed. - SB 120: Moved to floor without recommendation and referred to Joint Committee on Tax Expenditures. Outcome: passed without recommendation.
The committee closed the work sessions after taking these actions and said the items would be considered next by the Joint Committee on Tax Expenditures.