WV Public Broadcasting: House Standing its Ground on Tax Reform in New Bill

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House Speaker Tim Armstead and Finance Chair Eric Nelson speak before a House floor session. Photo by Perry Bennett / WV Legislative Photography

By Ashton Marra / WV Public Broadcasting

Members of the House are standing their ground when it comes to tax reform. At least, that’s what House Speaker Tim Armstead said Friday after a vote in the chamber on its own version of a revenue bill.

The bill does not include any of the changes to the personal income tax Senate Republicans and Gov. Jim Justice have agreed to, but Armstead said that doesn’t mean his chamber isn’t still willing to work on a compromise.

Members of the House voted 74 to 17 in favor of the tax bill negotiated between House Democrats and Republicans.

It brings in an estimated $100 million in additional revenue to close a budget gap in the 2018 fiscal year, which isn’t enough according to members of the chamber, but is a start.

Read the full story, including more about the historic tax credit, at wvpublic.org. 

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