(Updated to further clarify that new sales tax revenue wouldn't count against local governments for determining budget growth)
House and Senate negotiators worked late into the night Monday, tentatively agreeing to a deal on three major tax bills, including one intended to entice cities and counties to hold down spending and another moving the state to a single income tax rate.
The House-Senate conference committee also agreed to a third bill, a constitutional amendment capping property tax appraisals at 4% for tax purposes.
The conference committee is expected to finish off its work Tuesday morning as the Legislature . . .
SSJ
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