Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Leaders expect House Finance to alter millionaires tax with greater tax reductions; concordance, not conference, preferred
Summary
Legislative leaders said House Finance is likely to produce a version of the proposed millionaires income tax with larger targeted tax reductions. Leaders said their goal is a bill that the Senate can concur with, and they emphasized protecting incomes below $1,000,000.
Representative Joe Fitzgibbon and other leaders said they expect the House Finance Committee to produce a version of the millionaires tax that includes greater tax reductions than the version heard in the Senate and that their early goal is to pass a bill the other chamber can concur on rather than send the matter to a conference committee.
"We expect the number of tax reductions in the bill to increase," Representative Fitzgibbon said, adding that the House aims to identify reductions that "would help Washingtonians the most." He…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
