The Select Committee on Tax Reform met briefly to discuss two bills today.
Senate Bill 409 would modify exemptions for consumer’s sales and service tax. The bill gives exemptions to some taxes on services under the sales tax but not to others. The bill was reported to the floor with the recommendation that it pass but first be referred to the Committee on Finance.
Joint Resolution 8 would be the Fair and Simple Tax Reform Amendment. It would repeal parts of the tax code and add a new section. It would repeal some property tax exemptions and change laws that allow local bonds be used to upkeep city and state property. The bill was reported to the floor with the recommendation that it pass but first be referred to the Committee on the Judiciary.
