Beshear on Wednesday acknowledged tax reform “will be tough in this political climate” and said he wasn’t sure it could be passed in the 2013 General Assembly which convenes in January.
The 2013 session is a “short” session in a non-budget year and any tax measures passed in those odd year sessions must get a super majority of 60 percent to pass.
The governor has said he will sit down with legislative leaders once he gets the commission’s recommendations and see which items have enough support to pass. Even if there is agreement, he said, tax reform might require a special session.
Abramson said he and his staff will prepare a draft report of the recommendations for review by commission members by Tuesday and provide two days for commissioners to comment. A final report will then be delivered to Beshear on Dec. 17. (The original deadline of Dec. 15 falls on a Saturday.)
Abramson said the commission began its work – nearly a year ago – without a goal of raising a specific amount of new revenue. He conceded the recommended amount will replace less than half of the $1.6 billion cut out of the budget over the past five years.
Instead, he said, the changes would create a code which can respond to changes in the economy over time.