House Committee on Ways and Means - 76th R.S. (1999)

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Committee Members

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Charges

• Study the economic impact of Internet commerce on state and local tax revenues. Monitor the activities and recommendations of the federal Advisory Commission on Electronic Commerce.

• Identify and list the specific changes to the tax structure that would: (1) produce the most positive effect on gross state product; (2) produce the most positive effect on the creation and retention of jobs that pay a living wage; (3) most benefit troubled or declining industries, such as agriculture or oil production; (4) promote enhanced tax equity, including mitigation of the regressivity of the current tax structure; and (5) address loopholes that permit certain classes of taxpayers to avoid equitable taxation. Each list should be a separate list, and any tax changes recommended should take into account the revenue needs of the state.

• Review the tax exemptions and credits approved by the 76th Legislature, including SB 441 76th R.S., and the emergency severance tax measures, and evaluate their success in achieving legislative goals.

• Conduct active oversight of the agencies under the committee's jurisdiction.

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