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Another Tax Plan

March 30, 2007
March 30, 2007.  House Speaker Andy Dillon today announced that he is putting together yet another tax plan.  This plan would include a tax increase on electric utilities that would generate $500 million in exchange for repeal of electric utility deregulation.  No details of the plan were available.  Rumors abound about a possible structure of a SBT replacement tax but we won't really know what is on the table until next week.  The House plans to work through its spring break.