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For Immediate Release Senate Policy Committee to Hold May 31 Hearing in Lebanon County on Taxpayer Protection Act(HARRISBURG) - The Senate Policy Committee will hold a public hearing on Thursday, May 31 in Annville, Lebanon County, to hear testimony on proposed legislation that would help to prevent tax increases by setting spending limits for state government, according to Committee Chairman Senator Jake Corman (R-Bellefonte) and Senator Mike Folmer (R-Lebanon). The hearing will be held from 10 a.m. to 1:30 p.m. at the Leedy Theatre in Lebanon Valley College in Annville. Corman said the panel will hear input on the proposed Taxpayer Protection Act, sponsored by Senator Mike Folmer and Senator Bob Regola (R-Westmoreland). Senator Regola's bill, Senate Bill 7, is a joint resolution providing for a constitutional amendment that would limit state spending to the average inflation rate plus the average percentage change in state population over the three preceding years. SB 7 is mirrored by Senate Bill 707, a measure introduced by Folmer that would provide the same limitation in state statute, not as a Constitutional Amendment. Both bills were referred to the Senate Finance Committee for consideration. "Governor Rendell's proposed budget is a clear example of why Pennsylvania needs to better control state spending and set reasonable limits," Senator Folmer said. "If the Taxpayer Protection Act were in place, there would be no need to raise $2.5 billion in new revenue through seven tax increases. We need to make a commitment to limit spending and cut costs, just like an average family does." Among those scheduled to take part are Kathryn English, Executive Director of the Pennsylvania Club for Growth, Matt Brouillette of the Commonwealth Foundation, Jim Broussard of Citizens Against Higher Taxes, and area business owners. "Reasonable limits on spending are needed to keep taxes down and improve Pennsylvania's economic and job growth," Sen. Corman said. "While state spending has increased by nearly 28 percent over the past four years, Pennsylvania is consistently near the bottom of the rankings for job growth, personal income growth, and population growth during the same period. Imposing reasonable limits on the annual growth of state government spending would protect working Pennsylvanians from tax increases that exceed their ability to pay." The media and public are invited to attend. CONTACT: Joe Sterns (Sen. Folmer's Office) | ||||
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