House revives business tax cut rejected by voters - KTRE.com | Lufkin and Nacogdoches, Texas

House revives business tax cut rejected by voters

PHOENIX (AP) -

An Arizona House committee has approved a bill that tries to revive a business property tax cut proposal rejected by voters in November.

The proposal to increase the personal property tax exemption from $50,000 to an amount equal to the annual earnings of 50 Arizona workers -- or about $2.4 million -- was approved by the House Ways and Means committee Thursday.

It would only apply to newly purchased equipment.

An identical bill was passed last year and referred to voters as Proposition 116. It failed by a vote of 44 percent to 56 percent.

An independent legislative analysis done last year put the state general fund cost at $8.2 million beginning in the 2014-2015 budget year.

If the bill passes the Legislature, it will again go to voters.

Copyright 2013 Associated Press. All rights reserved.

  • East Texas NewsMore>>

  • Defense questions investigator in third day of Henderson trial

    Defense questions investigator in third day of Henderson trial

    Friday, September 22 2017 7:19 PM EDT2017-09-22 23:19:49 GMT
    James Henderson's defense attorney, Stanley Sokolowski, started off the third day of court by questioning the state's witness, Investigator Bill Rulland. The cross examination lasted most of the morning and even a little into the afternoon. According to Investigator Michael Molnes, with the Houston County Sheriff's Office, Sokolowski attempted to discredit Brenna Theuer's witness testimony, as well as testimony from Robert Mobley.  The trial is expected to head into closing arg...More >>
    James Henderson's defense attorney, Stanley Sokolowski, started off the third day of court by questioning the state's witness, Investigator Bill Rulland. The cross examination lasted most of the morning and even a little into the afternoon. According to Investigator Michael Molnes, with the Houston County Sheriff's Office, Sokolowski attempted to discredit Brenna Theuer's witness testimony, as well as testimony from Robert Mobley.  The trial is expected to head into closing arg...More >>
  • Tar-covered tires stick to parking lot of Lufkin tire shop

    Tar-covered tires stick to parking lot of Lufkin tire shop

    Friday, September 22 2017 7:09 PM EDT2017-09-22 23:09:01 GMT
    More than a few tar-covered tires are hanging on to the parking lot of a Lufkin tire shop.  On August 31, newly laid asphalt on Loop 287 started sticking to tires of those driving, leaving many of the cars un-driveable. As of Friday, the Texas Department of Transportation hadn't come out with an official cause for the incident, but that hasn't stopped over 600 people from filing claims with them. Copyright 2017 KTRE. All rights reserved.More >>
    More than a few tar-covered tires are hanging on to the parking lot of a Lufkin tire shop.  On August 31, newly laid asphalt on Loop 287 started sticking to tires of those driving, leaving many of the cars un-driveable. As of Friday, the Texas Department of Transportation hadn't come out with an official cause for the incident, but that hasn't stopped over 600 people from filing claims with them. Copyright 2017 KTRE. All rights reserved.More >>
  • Trinity County traffic stop results in 2 felony drugs arrests. seizure of weed, codiene, other drugs

    Trinity County traffic stop results in 2 felony drugs arrests. seizure of weed, codiene, other drugs

    Friday, September 22 2017 6:19 PM EDT2017-09-22 22:19:50 GMT

    Deputies with the Trinity County Sheriff’s Office made two felony drug arrests and seized marijuana, Prometh VC with codeine, hydrocodone, Alprazolam, and ecstasy after a traffic stop near the intersection of Robb and Jefferson streets late Tuesday night.

    More >>

    Deputies with the Trinity County Sheriff’s Office made two felony drug arrests and seized marijuana, Prometh VC with codeine, hydrocodone, Alprazolam, and ecstasy after a traffic stop near the intersection of Robb and Jefferson streets late Tuesday night.

    More >>
Powered by Frankly