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Senate Finance Committee prioritizes health insurance market, Education Fund review and tax-clarity measures
Summary
Senate Finance Committee members outlined priorities for the session: hearing on the Education Fund, a likely bill to keep individual and small-group insurance markets separate, attention to rising hospital and pharmaceutical costs, and a push for clearer tax drafting and accountability.
Senate Finance Committee members said Tuesday they will prioritize a review of the Education Fund, bills affecting the health insurance market — including a likely measure to keep the individual and small-group markets separate — and clearer, more accountable tax drafting as the legislature begins work this session.
Committee members said the Finance Committee will meet jointly with House and Senate education panels this week to hear a governor’s briefing and to get a common baseline of information on property-tax and school-finance proposals. Members also described urgent health-insurance topics: federal subsidies on the individual market are ending, hospitals and insurers face cost pressures, and a bill is expected to make a temporary separation of insurance pools permanent.
Committee leaders said they had planned to hear Julia Richter (staff) on the financial state of the Education Fund but needed to reschedule the briefing because of calendar conflicts. Committee members said the committee borrowed $70,000,000 last year to buy down the…
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