Monday, May 10, 2010

Monday Morning Update

A day late and a dollar short…

Legislators thought they would be done with the FY’11 budget by now, but at this point, there are still some final decisions to be made.

Current status:
· The Senate passed their budget bill.
· The Senate passed a tax bill.
· The House passed their version of a budget bill (would require some $300 million in revenue enhancements).
· The House is still debating their tax bill.

Differences in Senate and House budget bills:
· Senate bill cut a few million dollars from DD
· House bill left holds DD harmless with no cuts and adds an additional $3 million for the waiting list. This are dollars that can be matched by federal dollars with the 30/70 match!

Next step:
· House will work their tax bill today.
· The Senate and House budget bills will go to a conference committee for consensus.
· If the House tax bill is the same as the Senate tax bill, it’s a done deal!
· If the House tax bill is different than the Senate, it will go to conference committee.

I’m off for Topeka this very minute, so stay tuned for final results. Send those positive thoughts towards Topeka!

Warm Regards,
Lurena Mead

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