February 5, 2013; Andrew Stein; VTDigger
But the Senate Finance Committee is not sticking with the administration’s methodology, said Sen. Tim Ashe, who chairs that committee.
“The Legislature has a Joint Fiscal Office so that we get independent assessments from experts,” he said. “Our experts say (this tax will generate) $6.5 million. The administration, I think, truly believes that their proposal does raise $17 million. But our operating assumption is $6.5 million from this point forward until we’re convinced otherwise.”