The Senate Tax Committee has just begun its hearing on HB 463, the governor’s tax-cut bill, which earlier passed the House on a straight party-line vote. Senate President Pro-Tem Brent Hill, R-Rexburg, is presenting the bill to the Senate panel. You can listen live here.

The lead sponsors of the bill are Gov. Butch Otter, Hill, Senate Majority Leader Chuck Winder, House Speaker Scott Bedke, and House Majority Leader Mike Moyle. In addition, the bill has 38 House co-sponsors and 13 Senate co-sponsors, all Republicans.