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| I. Examine the state's major tax exemptions to deterimine how the current |
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| costs and benefits compare with the original legislative objectives. Make |
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| recommendations for adjustments as needed. |
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| A. Certain Franchise Tax Exemptions and Credits |
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| §171.052 Certain Corporations & §171.0525 Exemption - Certain Insurance |
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| §171.055 Exemption - Open-End Investment Company |
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| §171.056 Exemption - Corporation With Business Interest n Solar Energy |
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| §171.074 Exemption - Development Corporation |
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| §171.082 Exemption - Certain Homeowners' Associations |
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| §171.002(d) Rates; Computation of Tax |
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| §171.0021 Discounts from Tax Liability for Small Business |
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| §171.006 Adjustment of Eligibility for No Tax Due, Discounts, and |
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| §171.107 Deduction of Cost of Solar Energy Device From Margin Apportioned |
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| §171.108 Deduction of Cost of Clean Coal Project From Margin Apportioned |
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| §171.1011(g-3)(3) Determination of Total Revenue from Entire Business |
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| §171.1011(m) Determination of Total Revenue from Entire Business |
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| §171.1013(b-1) Determination of Compensation |
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| §171.106(b) Apportionment of Margin to This State |
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| §171.111 Temporary Credit on Taxable Margin |
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| §111.302 Issuance of Tax Refund for Economic Development, Reinvestment |
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| B. Equity and Administrative Issues: (including but not limited to) |
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| Pass Through, Compensation, Cost of Goods Sold, and Definition of Retailer |
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| II. Minerals excluded from the Severance Tax: (specifically) |
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| Asphalt, Basalt, Bleaching clay, Bromine, Caliche, Cement, Clay, Coal, |
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| Dolomite, Gemstones, Gypsum, Helium, Iron, Lignite, Lime, Magnesite, |
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| Magnesium, Salt, Sand and gravel, Sands, Stone- crushed, Stone-dimension, |
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| Sulfur, Talc, Uranium, and Zeolites |
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