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House committee proposes $16.27 billion budget; health, federal funds remain largest shares
Summary
A House Ways and Means package lays out a $16.267 billion total budget, with health and human services the largest share and federal funds supplying roughly a third of all revenue. Lawmakers highlighted the first biennium without the interest-and-dividends tax amid efforts to close a projected shortfall.
The House Ways and Means Committee on a multi‑hour review presented a budget proposal totaling $16,267,016,000, with health and human services and education taking the largest shares and federal funds accounting for roughly one‑third of total revenue.
Committee discussion began with a high‑level overview of revenue and spending. The committee chair said this was “the first year without the interest in dividends tax,” noting late payments had produced a small residual amount this year. The chair and other presenters emphasized that the general fund is only a portion of total state finances but is the most directly affected by tax policy and discretionary choices.
Why it matters: the proposal frames near‑term spending choices for the next…
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