No tax increases or cuts in proposed state budgets

Feb 27, 2020
Written by wpengine

The state House and Senate released supplemental budget proposals this week that come with no new tax increases or cuts. The Legislature already had passed a business and occupation tax increase earlier in this year’s session.

The proposals would increase state spending between $1.1 to $1.2 billion and raise total biennial spending to $53.6 billion.

The online news source The Lens highlighted some of the details in the budget proposals that can be found here.

As is common, majority Democrats and minority Republicans disagreed on whether the proposals were responsible. Committee hearings were quickly held on both bills, SB 6168 and HB 2325.

Despite scores of bills it will approve this session, the Legislature’s only requirement this session is to approve a supplemental budget. It is scheduled for adjournment on March 12.

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