Friday, March 21, 2008

House Passes Personal Property Tax Repeal

The House has just passed H0599 which will repeal the Personal Property Tax. The Chamber has been an advocate in favor of this repeal which would lift the burdensome task of calculating this tax businesses must pay. In eliminating this burden, business owners would have more capital to reinvest in their businesses and their employees.

For a more detailed account of today's House vote, check out Betsy Russel's Blog HERE.