Governor Calls Special Senate Session for Vote on Revamped Property-Tax Bill

The St. Thomas Source is reporting:

"Feb. 5, 2008 -- New changes will make the governor's property-tax bill more palatable for senators and allay residents' fears of having to pay two sets of property taxes in fiscal year 2008, Gov. John deJongh Jr. said Tuesday. The administration's first attempt at creating a comprehensive property-tax proposal was quashed recently by a split vote cast during the last legislative session. During a press conference held at Government House on St. Thomas, deJongh also said that he has called senators into special session Thursday morning to vote on the revised plan, which still contains many of the same provisions submitted to the Legislature months ago -- including increases in exemptions for elderly citizens and veterans, as well as the establishment of a multi-rate tax structure with four different property classes."