Another Tax Plan
March 30, 2007March 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.