House Majority Leader Mike Moyle’s tax-cut bill, which lowers individual and corporate income tax rates while raising the grocery tax credit by $10, is up for a hearing in the House Revenue & Taxation Committee this morning; you can listen live here. The meeting starts at 9. Moyle’s bill, HB 380, which would cost the state general fund $27.8 million next year, $22.6 million of that for the tax rate reductions, now has 27 co-sponsors – 26 House Republicans and one senator, Sen. Jim Rice, R-Caldwell.