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March 20, 2008

Governor Uses Line-Item Vetoes to Modify Property Tax Bill

The St. Thomas Source has an article about the Property Tax Bill:

" March 11, 2008 -- A comprehensive property tax reform bill recently passed by the Legislature cuts an extra $27.4 million dollars from anticipated revenues for fiscal year 2008 and continues to throw this year's budget out of whack, the governor says.

While Gov. John deJongh Jr. signed a majority of the bill into law Monday, he line-item vetoed sections in which he said the reductions would be "too great a variance" for the government to absorb."

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