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Tag Archives: tax cuts

Jobs bill survives late Senate debate (access required)

Despite strong objections from Democrats and some Republicans, the Senate leadership Tuesday evening pushed ahead to debate the jobs bill, a maneuver that moves the business-tax-cutting legislation closer to passage.

Having cleared the debate, the bill now goes to the full Senate for a formal “aye” or “nay” vote, which is expected on Wednesday, Feb. 16.

Whether the measure has sufficient support to pass — it needs only 16 votes — is uncertain.

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Tax cuts in H2250 would cost $940M

A House bill that aims to spur economic growth through tax cuts and incentives for businesses would cost the state nearly a billion dollars when fully implemented in 2017, according to a report by legislative budget analysts.

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