Wednesday, February 17, 2010
Will Governor veto tax transparency suspension?
Late this evening the House adopted its version of SB 6130, repealing for 2-years the 2/3 vote requirement for tax increases and some of the transparency provisions of Initiative 960 enacted by the voters in 2007. The vote in the House was 51-47. Since the House made changes to the bill (added back email notification of tax increases) it now goes back to the Senate for approval and then to the Governor for signature. The repeal of the 2/3 vote requirement will clear the way for tax increases. Today the Governor proposed $605 million in tax increases. Though the Governor plans to sign the 2-year repeal of the 2/3 vote requirement for tax increases she has not indicated whether she supports the Legislature's plan for a 2-year repeal of non-binding advisory votes for tax increases enacted with a referendum denying emergency clause . . . READ MORE
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