Several amendments are supposed to be considered when the House Finance Committee reconvenes sometime after session. Although some may not be, here are some I inderstand have been prepared:
Rep. Edgar Starnes, R-Caldwell, will propose an expansion of tax credits for middle-income earners, those making between $25,000 and $50,000.
Rep. Bill Faison, D-Orange, reportedly has three amendments:
- Eliminate the sales tax increase.
- Eliminate the income tax increases.
- Eliminate the alcohol tax increase.
Minority Leader Skip Stam, R-Wake, will propose a $2,500 tax credit for families who choose to educate their children in a nonpublic school (including home schoolers), resulting in a net increase in revenue to the state of around $25 million a year to state coffers and about $15 million a year to local government.
Members of the House Finance Committee will be voting on these amendments, and possibly some others, later this afternoon.
