As the reality of coal revenue’s irreversible retreat sets in, discussions of how to otherwise fund state government grow more prominent, somber and difficult.
joint revenue committee
The session gets the attention, but the Legislature relies on the interim — the 48 or 50 weeks between sessions — to get the job done.
House Revenue Committee Chairman Dan Zwonitzer said Gov. Gordon’s comments supporting new taxes were too little too late.
Following months generating ideas to move the state’s income model past boom-and-bust vulnerability, the committee killed major tax reforms without votes.
Initially tasked with finding up to $300 million in new revenue, the group will begin its final meeting having proposed a fraction of that.