Blue Ribbon Commission to Examine Tax Reform

Jan 5, 2012

After weeks of hinting about tax reform, Kentucky Governor Steve Beshear has provided some details. The governor announced the creation of a blue ribbon tax commission tonight in Lexington and the annual Chamber Day dinner put on by the Kentucky Chamber of Commerce.

In a news release, Beshear says Lt. Gov. Jerry Abramson will be the chair of the new commission, and the commission’s main focus will be to raise revenue.

Beshear did not name any other members of the commission. They will be appointed at a later date.

The tax commission was a major platform of Republican Senate President David Williams, who ran against Beshear in last year’s gubernatorial race.

House Speaker Greg Stumbo has signaled he is open to tax reform, but he wants a clear purpose for any attempts to change the tax code. For years, various members of the General Assembly have proposed their own tax reform options.

The commission will hold public meetings, but won’t present any legislation until next year’s General Assembly session.