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Joint committee adopts FY2025 revenue projection; FY2026 revenue number unresolved after split votes
Summary
The Joint Finance and Appropriations Committee adopted the Economic Outlook and Revenue Assessment Committee's FY2025 general fund revenue projection of $5,990,000,000 by a unanimous 20‑0 vote, but failed to adopt a FY2026 revenue number after substitute and main motions did not gain majorities in both houses.
The Joint Finance and Appropriations Committee adopted the Economic Outlook and Revenue Assessment Committee’s recommended general‑fund revenue projection of $5,990,000,000 for fiscal year 2025 after a two‑house vote that recorded 20 yes, 0 no.
Senator Woodward moved the FY2025 revenue projection on the committee floor and asked members to adopt the economic outlook committee’s recommendation. “We need to make that adjustment just based on updated revenue numbers,” Woodward…
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