2:30 p.m. The first major tax bill is out. Rep. Ross Hunter dropped HB 3176 and it’s got lots of the goodies that I wrote about earlier (below).
It’s 89 pages.
Here’s my earlier stuff:
This afternoon may bring the filing of bills to suspend portions of Initiative 960 and an early revenue package to raise as much as $389 million.
As I understand, the plan is for the Senate to deal with I-960 and the House to handle the tax package.
Senate Majority Leader Lisa Brown will be meeting with reporters at 3 p.m. The initiative-suspending bill getting introduced in her chamber will be the chief topic, I’m sure.
A bill may be dropped in the House containing several money-raising items. If not today, almost surely tomorrow — as sure as one can get making predictions during the session.
As I understand this package will include each of the governor’s proposals plus as many as seven more. The new ones include making interstate haulers pay a public utility tax while traveling on roads in the state and levying an annual excise tax on owners of airplanes. The latter change aims to treat boats and planes the same in the tax code.
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