Local/Regional News
5:12 pm
Tue October 30, 2012

Tax Reform Commission Likely To Miss Deadline


LEXINGTON, Ky. -- The Chairman of the Governor’s Commission on Tax Reform says the panel will likely need more time to complete its work. 


Speaking Tuesday to the Prichard Committee for Academic Excellence, Lieutenant Governor Jerry Abramason said progress is being made on key revenue issues, but that more discussion is needed to finalize a report.  He doesn't think the report will be ready by November 15th as originally planned.


“You know we are moving in the right direction.  We just need some more time.  Everybody is working hard and we’ve been listening, we’ve been traveling, we’ve been learning, and now here we go…this is the big time.”


Abramson says once the report does reach the governor’s desk, probably in Mid-December, it’s not likely to be taken up immediately by state lawmakers.


“This is a non-budget session…it’s called a short session, and to bring up any financial matters, you need a super-majority.  You know, issues of taxes have winners and losers and generally speaking we’ll be doing well if we can get majority rather than a super-majority.”


The Commission next meets on November 8th.