§ 42-142-3. Office of revenue analysis.
(a) There is hereby established within the department of revenue an office of revenue
analysis. The head of the office shall be the chief of revenue analysis, who shall
hold office for the term of five (5) years from the time of his or her appointment
and until his or her successor is duly appointed and qualified. The chief shall be
eligible for reappointment, and shall not engage in any other occupation. The head
of the office shall have an advanced degree in economics or statistics.
(b) The director of revenue shall grant to the chief of revenue analysis reasonable
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§ 42-142-3. Office of revenue analysis.
(a) There is hereby established within the department of revenue an office of revenue
analysis. The head of the office shall be the chief of revenue analysis, who shall
hold office for the term of five (5) years from the time of his or her appointment
and until his or her successor is duly appointed and qualified. The chief shall be
eligible for reappointment, and shall not engage in any other occupation. The head
of the office shall have an advanced degree in economics or statistics.
(b) The director of revenue shall grant to the chief of revenue analysis reasonable access
to appropriate expert staff and access to taxation data sufficient to carry out the
duties of the office.
(c) The division shall analyze, evaluate, and appraise the tax system of the state, and
make recommendations for its revision in accordance with the best interests of the
economy of the state.
(d) The division shall be responsible for preparing the tax expenditures report as required
in § 44-48.1-1.
(e) The division shall be responsible for preparing cost benefit analyses of all tax expenditures.