A study by the Arizona Legislature's independent financial analysts shows Gov. Jan Brewer's proposed overhaul of the state's sales tax collection system could cost the general fund nearly $140 million a year. A second new study by an outside group puts the number at $125 million.
Both studies raise questions about whether the state can risk the overhaul as currently proposed. The lawmaker carrying the bill in the House of Representatives said Thursday the questions raised by the Joint Legislative Budget Committee review may force revisions. Possibilities include a phase-in of the overhaul or "circuit-breaker" language that would kick in if revenues dropped precipitously.
The new reports come as lawmakers and Brewer's representatives continue to negotiate with cities and towns concerned that the plan will hurt municipal revenues.
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Sunday, July 27 2014 11:15 PM EDT2014-07-28 03:15:51 GMT
Authorities say a father was killed and his daughter seriously injured while walking on the sand when a small plane crash landed along Florida's Gulf Coast near Venice Beach.More >>
A father was killed and his 9-year-old daughter critically injured Sunday while walking along a Florida beach when a small plane crash landed on the Gulf Coast only feet from the surf, authorities said.More >>
Monday, July 28 2014 1:54 AM EDT2014-07-28 05:54:28 GMT
Authorities now say 14 people - including a 15-year-old - have been struck by lightning during rare summer thunderstorms that have swept through Southern California, injuring two critically.More >>
A 20-year-old man died Sunday after lightning struck or rattled 13 people at a popular Los Angeles beach and a golfer on Catalina Island during summer thunderstorms that swept through Southern California, authorities said.More >>
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