Tax Expenditure Review Commission requirements modified, and legislative requirements for new or renewed tax expenditures repealed.

HF 1106 modifies Minnesota's process for reviewing tax breaks (tax expenditures). It repeals a requirement that lawmakers must formally review new or renewed tax benefits before they take effect. The bill also updates the Tax Expenditure Review Commission's structure and duties, keeping its mandate to review existing tax breaks every decade but removing the legislative review step for new ones. The commission must still assess each tax break's cost, purpose, effectiveness, and impact on taxpayers, and report findings to legislative tax committees annually. This change streamlines the process for new tax benefits while maintaining ongoing oversight of existing ones.