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Finance subcommittee advances $59.7 billion FY26 appropriations bill to full finance
Summary
The Finance Ways and Means Subcommittee voted 13-0 to send House Bill 1409, the FY26 appropriations act as amended, to full finance after adopting three amendments and hearing an overview of revenues and major spending priorities including disaster relief, education, health and transportation.
The Finance Ways and Means Subcommittee voted unanimously to advance House Bill 1409, the fiscal year 2026 appropriations act as amended, to the full Finance Committee. The committee adopted three amendments and recorded a 13-0 vote to move the bill forward.
Chairman Hicks opened the committee’s consideration and described the budget totals and revenue sources that underlie the appropriation. "What we are presenting to you is House Bill 14‑09, which is the appropriations bill as amended," Chairman Hicks said.
The bill sets total appropriations for FY26 at $59,700,000,000. Chairman Hicks said the revenue mix programmed in the budget is roughly 50% state appropriations ($29,700,000,000), 35% federal funds ($20,800,000,000) and 15% other sources ($9,200,000,000). The presentation noted no growth in general fund tax revenues for the current fiscal year (FY25) and an assumed 2% recurring tax‑revenue growth in FY26 — described in the presentation…
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