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Legislative panel accepts EROC revenue outlook recommending cautious lower revenue figures

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Summary

The Economic Outlook and Revenue Assessment Committee presented revised general fund revenue estimates below the governor's recommendations; the Joint Finance Committee accepted the report by unanimous consent.

The Joint Finance and Appropriations Committee voted by unanimous consent to accept the Economic Outlook and Revenue Assessment Committee's (EROC) revenue assessment, which recommended lower general fund revenue projections than those put forward by Governor Brad Little.

EROC co-chair Senator Kevin Cook, R‑District 32, told JFAC the committee had completed its assessment of the governor's general fund projections for fiscal years ending June 2026 and 2027 and recommended more cautious…

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