Carolina Journal: Senate Committee Moves Tax Plan Toward Passage
Carolina Journal’s Barry Smith provides a synopsis of the most recent version of tax reform bill H998 making it’s way through the NC Senate. For a more detailed look at the Senate’s changes, check out this comparison chart provided by WRAL.
Carolina Journal News Reports
Senate Committee Moves Tax Plan Toward Passage
Full Senate chamber may give initial approval today
By Barry Smith Jul. 2nd, 2013
RALEIGH – Senate tax writers stepped closer Monday to reform proposals adopted by their House counterparts. The Senate Finance Committee’s actions lifted hopes that a compromise could be pieced together before the General Assembly adjourns this summer.
“Today I am presenting a further compromise tax reform plan that resolves the vast majority of the differences that were voiced and concerns that were voiced by members of the House,” Senate President Pro Tem Phil Berger, R-Rockingham, said Monday as he presented the plan to the committee. Read more…