The NC Senate had a third and final vote for their tax reform plan on the calendar for yesterday’s session, but it was removed by Sen. President Phil Berger shortly before the beginning of the session. Instead, Senate and House leaders met to begin negotiating the differences between the two plans, with the idea to find a compromise bill to introduce instead.
The Senate had been scheduled to give its final blessing to a deal that would have curtailed revenue growth by some $4 billion over the next four years by cutting income tax rates. Unlike others plans, including those put forward by the House and prior Senate proposals, it would not have extended the state sales tax but it did potentially tax Social Security income.
However, immediately before the Senate was to debate the bill today, Senate President Pro Tempore Phil Berger pulled it from consideration.
“We are talking with the House and the governor,” Berger told his colleagues.
After session, Berger said that he was leading negotiations on the Senate’s behalf.