Jim Galloway has this tidbit from Speaker Ralston:
“This is the first time this report will have … had its encounter with the legislative process. I can imagine the legislative branch will want to weigh in on it,” he said.
He did not say whether the joint committee would bring the resulting tax plan up for a vote in the House and Senate this year.
“I don’t know that we are under a deadline to deal with this,” he said. “I don’t know what’s in the report and I don’t know what the future of the recommendations will be.”
There have been a couple of editorials in the past few days (here and here) complaining that the Special Council has ignoring the public and will screw us all. I don’t understand that sentiment. We don’t yet know exactly what they will propose but there are plenty of materials on their website (click on “meeting materials” and “background materials” and read to your heart’s content) that point toward what they will propose including a presentation A.D. Frazier gave new and old Legislators at the Biennial in Athens a few weeks ago. Frazier’s presentation in particular gives us a pretty good idea of where they’re headed.
Couple Ralston’s statement with the volume of documents on the Special Council’s website and I’m encouraged we’ll have a vigorous debate and construct a reformed tax code that is fair and encourages economic growth. We’ll start that debate early next week when the Council’s proposal is made public.
UPDATE: Press Conference today at 3 PM, report available online at 2 PM.