Senate Appropriations panel reviews tax and revenue sections of FY26 Appropriations Act

The Senate Appropriations Committee on Thursday received a detailed briefing from Joint Fiscal Office staff on the tax and revenue provisions included in the FY26 Appropriations Act, including one-time appropriations, changes to pilot special fund accounting and proposed funding shifts affecting childcare and provider rate increases.

The briefing focused on sections of the bill that fall under the committee’s jurisdiction and on session-law language that mirrors or replaces items that otherwise would appear in standalone tax or miscellaneous bills. Chris of the Joint Fiscal Office walked members through the bill text and accompanying summary sheets the office posted for committee members.

The overview stressed that much of the bill “is bigger than your typical big bill because it also contains current-year adjustments that would have been in the BAA,” and that committee staff added technical conforming language where no separate miscellaneous tax bill will be enacted this year.

Key items discussed included a $1,000,000 one-time appropriation from the pilot special fund for a municipal granular stabilization program that would reimburse municipalities for lost grand-list value when flood-prone properties are acquired and taken out of development; a $148,000 one-time appropriation for the Volunteer Income Tax Assistance…