Wednesday, February 1, 2006

Upcoming Tax Legislation

Good Senate Tax Bills— This Thursday, February 2, at 9:00 a.m., the Senate Finance Committee will meet in Senate Hearing Room 1. Among the bills the committee will hear are Sen. Dean Martin’s SB 1465, which would phase out the state income tax over 20 years

Taxpayer Appreciation and Investment Act— Next Monday, February 6, the House Ways and Means Committee will hear public testimony on HB 2489, introduced by Rep. Laura Knaperek (R-Tempe). The TAIA, to be phased in over two years, would reduce personal and corporate income tax burdens by 10 percent. The committee hearing will begin at 1:30 p.m.

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