Requires the Legislative Revenue Officer to study the feasibility and utility of enacting a single statute that uniformly governs adjustments for inflation in the tax statutes of this state.

Summary

Digest: The Act would require a study of whether a single law for making adjustments for inflation in the tax laws of this state would be feasible and useful. The Act would require a report of the study to be turned in next year. (Flesch Readability Score: 68.9). Requires the Legislative Revenue Officer to study the feasibility and utility of enacting a single statute that uniformly governs adjustments for inflation in the tax statutes of this state. Directs the officer to submit a report to the interim committees of the Legislative Assembly related to revenue no later than September 15, 2026. Sunsets on January 2, 2027.