Tax Insider for April 7
5 min read

Tax Insider for April 7

Lawmakers start taking a deeper dive into the session’s more prominent issues, including the research and development tax credit, property tax abatements, and requiring uniformity between local and state income taxes.

Top Lines

  • The legislative revenue committees have very few problematic bills, at least for the big-picture politics, but that also creates difficulties advancing proactive measures.
  • The House Revenue Committee held its fourth hearing on a proposal requiring local income tax alignment with the state's rules and definitions.
  • The committees are racing against each other to see which chamber can hold the fastest revenue work session. The House is currently winning.

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