A legislative committee advanced a wide-ranging income tax reduction bill Thursday amid questions about whether the state could afford it.
On a 7-1 vote, the Legislature’s Revenue Committee moved a much-amended Legislative Bill 754 — introduced at the request of Gov. Jim Pillen — out of committee and on to debate by the full, 49-seat Unicameral.
State Sen. John Arch, the Speaker of the Legislature, said he planned to bring up the tax bill and an accompanying bill aimed at reducing property taxes for floor debate, “sooner rather than later.”