Tax Insider for April 28
5 min read

Tax Insider for April 28

If the effect of a bill increases revenue, isn’t it a bill for raising revenue? The logical answer is yes, but, more often than not, the answer tends to be no.

Top Lines

  • As conversations about tax increases and relief come to a head in the final stretch, we explore some of the constitutional discussions that frequently come up around "bills for raising revenue."
  • The House Revenue Committee spent much of the week exploring the state's funding formula for public schools.
  • The Senate Finance & Revenue Committee is considering a statutory solution for reassessing previously exempt property. They may also pursue a constitutional amendment.

This post is for subscribers of Tax Insider

Contact us for more information about our premium newsletter products