The Tax and Revenue Commission Establishment Amendment Act of 2025 aims to create a permanent Tax and Revenue Revision Commission as an independent agency within the District of Columbia. The Commission's primary purpose is to provide expert recommendations to the Mayor and Council regarding revisions to the District's tax code and other significant non-tax revenue sources. The bill outlines the Commission's duties, which include promoting fairness and equity in tax apportionment, broadening the tax base, assessing the impact of non-tax revenue sources, and modernizing the tax code for increased transparency. Additionally, the Commission is tasked with conducting comprehensive updates to the tax code every ten years and providing yearly reports on recommendations and technical updates.

Key amendments in the bill include the repeal of the previous section 47-461 and the establishment of new sections detailing the Commission's structure, including the selection of an Executive Director and the formation of an Advisory Group composed of both voting and non-voting members. The Advisory Group will provide input on the Commission's proposals, ensuring a collaborative approach to tax policy reform. The bill also specifies the timeline for comprehensive updates and the requirements for the Commission's reports, emphasizing the need for innovative solutions to meet the District's revenue needs while considering economic impacts and equity.