Where Did All the Money Go? Exemptions, Abatements, and Tax Holidays

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Dick Lavine /(512) 320-0222 x 101

May 17, 2007

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Several bills still moving through the legislative process could reduce future state revenue. Those with the largest potential costs are not necessarily the most likely to become law; it’s the many smaller bills or those whose costs are not specified in the Legislative Budget Board’s fiscal notes that may add up to a substantial drain on the state’s ability to meet future public needs.