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JFAC fails to reach agreement on FY2026 revenue projection; votes split between chambers

2953511 · January 16, 2025
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Summary

Committee debate on setting FY2026 revenue ended without a final decision after substitute and original motions failed to secure majorities in both the Senate and House delegations.

The committee considered competing revenue projections for fiscal year 2026 and could not reach the committee's required simultaneous majorities in both chambers.

Representative Petsky initially moved to adopt the Economic Outlook and Revenue Assessment Committee's recommended FY2026 general fund revenue projection of $6.4 billion. Senator Woodward offered a substitute motion to set…

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