Call to Action on the Tax Bill: Don't Vote Without the Note!

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July 8, 2005

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On Sunday, the Senate is planning to vote on its version of the tax bill (CSHB 3) without a tax equity note. A tax equity note is an analysis by the Legislative Budget Board that shows the effect of proposed tax changes on businesses in different industries and families with different incomes. Since 1997, the law has provided for a tax equity note at the request of the chair of a committee considering a tax bill, and since 1997, neither the House nor the Senate has voted on a tax bill without a tax equity note.