House committee passes out new tax bill after trimming cost


A bill emerged from a House committee Thursday evening that calls for moving the state to single tax bracket while eliminating the sales tax on groceries this year and eliminating the tax cliff for Social Security.

With hardly a dissenting voice, the House tax committee passed out a bill that would have a price tag of nearly $1.37 billion for all state funds from 2024 to 2026. The effect on the state general fund is estimated at almost $1.19 billion over the same time.

Trying to work within a budget that would accommodate other outstanding tax bills and . . .


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