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Despite vastly divergent approaches with the House on tax cuts amid global economic uncertainty, a Senate leader Tuesday said he remains optimistic an agreement can be reached before the end of the legislative session. The Senate Finance and Tax Committee on Tuesday voted 3-1 to advance a wide-ranging proposal (SPB 7034) that would reduce state and local government tax revenue by $1.83 billion next fiscal year. “The important part is us being in conferencing (formal negotiations with the House) and sharing ideas and really just having those discussions and going over each of the individual points,” Finance and Tax Chairman Sen. Bryan Avila, R-Miami Springs, said after the meeting.
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Despite vastly divergent approaches with the House on tax cuts amid global economic uncertainty, a Senate leader Tuesday said he remains optimistic an agreement can be reached before the end of the legislative session. The Senate Finance and Tax Committee on Tuesday voted 3-1 to advance a wide-ranging proposal (SPB 7034) that would reduce state and local government tax revenue by $1.83 billion next fiscal year. “The important part is us being in conferencing (formal negotiations with the House) and sharing ideas and really just having those discussions and going over each of the individual points,” Finance and Tax Chairman Sen. Bryan Avila, R-Miami Springs, said after the meeting.
