Both House and Senate tax bills bank on a new corporate tax calculation they say will raise hundreds of millions of dollars per year. But it’s untested, raising concerns about the estimates and the state’s ability to collect.
State lawmakers are set to start ironing out differences between House and Senate budget bills. Before work in conference committees begins, here’s a look at some of the potential sticking points.
One-time rebates, more Social Security income shielded from state taxes and additional relief to offset rising property taxes are features of a House plan.