A bill granting sales tax refunds for Kentuckians hit by this month’s tornadoes is swiftly moving through the General Assembly. The measure cleared the House Appropriations and Revenue committee less than 12 hours after it was first proposed. The language granting the refunds had to be inserted into another bill, House Bill 165, because the… Continue reading House Committee Quickly Passes Bill Designed to Help Kentucky Tornado Victims
Kentucky lawmakers are planning to help home and business owners in tornado-stricken areas. Earlier this month, tornadoes ripped through Northern and Eastern Kentucky, causing millions of dollars in damage. But lawmakers are working on legislation to give storm victims refunds on sales tax for building materials. The plan addresses a concern that people won’t rebuild… Continue reading Lawmakers Propose Partial Sales Tax Refunds for Residents of Tornado-Stricken Areas
From the Associated Press: The leader of Indiana House Democrats wants the state to suspend taxes on gasoline during the summer in a move he says would save consumers about 40 cents per gallon. Representative Patrick Bauer says Republicans who control the statehouse are trying to help the wealthy by cutting the corporate income tax.… Continue reading Bauer: Suspend Indiana Gas Taxes This Summer
When it comes to the state’s general fund, revenues are up more than 7% for the month of August.