2006 Minnesota Statutes

270C.13 TAX INCIDENCE REPORTS.
    Subdivision 1. Biennial report. The commissioner shall report to the legislature by March 1
of each odd-numbered year on the overall incidence of the income tax, sales and excise taxes,
and property tax. The report shall present information on the distribution of the tax burden as
follows: (1) for the overall income distribution, using a systemwide incidence measure such as
the Suits index or other appropriate measures of equality and inequality; (2) by income classes,
including at a minimum deciles of the income distribution; and (3) by other appropriate taxpayer
characteristics.
    Subd. 2. Bill analyses. At the request of the chair of the house Tax Committee or the senate
Committee on Taxes and Tax Laws, the commissioner shall prepare an incidence impact analysis
of a bill or a proposal to change the tax system which increases, decreases, or redistributes taxes
by more than $20,000,000. To the extent data is available on the changes in the distribution
of the tax burden that are affected by the bill or proposal, the analysis shall report on the
incidence effects that would result if the bill were enacted. The report may present information
using systemwide measures, such as Suits or other similar indexes, by income classes, taxpayer
characteristics, or other relevant categories. The report may include analyses of the effect of
the bill or proposal on representative taxpayers. The analysis must include a statement of the
incidence assumptions that were used in computing the burdens.
    Subd. 3. Income measure. The incidence analyses shall use the broadest measure of
economic income for which reliable data is available.
History: 2005 c 151 art 1 s 15