April 28, 2015      1:27 PM
Updated: Texas House passes its tax cut package
Members cheer as Speaker Straus joins in key votes on the business tax cut
As
expected and with little drama, the Texas House on Tuesday voted unanimously
to cut the state’s sales tax rate and overwhelmingly to slash the business tax
by 25 percent across the board.
In
a rare move, Speaker Joe Straus
joined in key votes on the business tax bill. Typically, of course, the Speaker
does not vote. Several House Republicans began to cheer as Straus joined in the
vote to table an amendment that would have raised the business tax exemption
from $1 million up to $4 million. Straus also voted for passage to engrossment
of the business tax cut.
That
amendment about the exemption, offered by Rep. John Smithee, R-Amarillo, was the most hotly debated of any of the
amendments on either tax bill.
By Scott Braddock
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