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Senate Finance committee advances S.46 to exempt large logging trucks from purchase and use tax with sunset
Summary
The Senate Finance Committee voted to report S.46 favorably after testimony from the logging industry and a pledge to add a multi-year sunset as a floor amendment; committee members expressed concern about the bill's fiscal impact on the education and transportation funds.
Senate Finance voted to report S.46 favorably on March 21, advancing a bill that would eliminate the state purchase and use tax on large logging trucks while committee members requested a limited sunset and further fiscal review.
The bill, which supporters say would give relief to timber harvesting and hauling contractors, drew testimony from Dana Duran, executive director of the Professional Logging Contractors of the Northeast, and questions from committee members about potential losses to the state's transportation and education funds.
Committee chair Senator Cummings said the committee's main concern was the size of the fiscal impact given strained transportation revenues and federal-match…
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