Bill > H2631

This bill establishes a special commission to investigate the possibility of reducing the income tax, a tax levied on individuals and corporations based on their earnings. This commission will be comprised of key state officials, including the Secretary of the Executive Office for Administration and Finance, the State Treasurer, and the Commissioner of the Department of Revenue, along with the chairs of the Senate and House Committees on Ways and Means, and a representative from a non-profit public policy organization. The commission is tasked with producing a comprehensive report detailing its findings and proposing any necessary legislation to enact its recommendations, which must be submitted to the clerks of both legislative chambers within six months of the bill becoming law.