House, Senate Dems Expand Tax Relief Plans

Democratic leaders of the House and Senate have agreed to a broad framework for up to $500 million in additional tax relief that would see credits for low-income earners, parents, renters and seniors expanded, and the “archaic elements” of the state’s estate tax reformed.

Leaders Mum on Additional Sales Tax Relief

State lawmakers agreed Monday to set Aug. 13 and 14 as the dates for this year’s annual sales tax holiday, but legislative leaders wouldn’t say whether any sort of reduction in or expanded break from the 6.25 percent sales tax will feature into their relief plans.

Tax Relief Slips Into Extended Review Phase

With the annual House budget debate now in the rearview mirror, Speaker Ronald Mariano said Monday that top Democrats are still looking at tax relief options but conceded he is “not sure” when they will be ready to advance a proposal or what it would entail.