Source: Louisville Business First
The local option sales tax amendment advocated by Mayor Greg Fischer has passed the Kentucky House.
House Bill 1 received 62 votes Thursday — two more than the number needed for an amendment to pass the House, The Courier-Journal reports.
Fischer praised the House vote that he watched from its gallery and said he thinks supporters of the local option have the votes for passage in the Senate.
“There’s a bunch of pathways to victory there,” Fischer said. “You know the more people learn about this bill, the more they’re for it, so we’re going to continue to beat that drum and hopefully the people of Kentucky will be heard.”
As Business First previously reported, if the bill is next approved by three-fifths of the members of the Senate and ratified by voters statewide — the earliest being November 2016 — then local projects could be funded through a temporary sales tax increase of up to 1 percent that would have to be approved in a local referendum.
Also on Thursday, the House Economic Development Committee voted 15-4 to send House Bill 168 to the full House. That bill would force Anheuser-Busch (NYSE: BUD) to sell two beer distributorships it owns in Louisville and Owensboro, The Courier-Journal reports.
As Business First reported last month, the bill is aimed at promoting consistency in the three-tier system that generally prevents overlapping among alcohol makers, distributors and retailers.
The bill’s sponsor, House Speaker Greg Stumbo, said after Thursday’s vote that he thinks the future of the bill is uncertain, because some of the committee members said they might not vote for it when the full House votes. They said their vote was to ensure more debate, and hopefully a compromise, The Courier-Journal story said.