Tax Commission Brings Proposal to Lubbock - KCBD NewsChannel 11 Lubbock

4/4/06

Tax Commission Brings Proposal to Lubbock

Members of a state tax commission brought their proposal to Lubbock on Tuesday.

Governor Rick Perry appointed the commission. Tax Commission Chairman John Sharp says, "This proposal is about lowering property taxes and satisfying what the supreme court said."

Sharp says the commission's recommendations include, reducing property taxes by one-third statewide, increasing the tax on cigarettes by $1 and revising the original franchise tax. He says these efforts should result in $6 billion in property tax relief.

These recommendations will now go to lawmakers as they prepare to reform the public school finance system during an upcoming special session.

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