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Appropriations bill HB1409 advances to full finance after subcommittee review

3038207 · April 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Finance, Ways, and Means Subcommittee advanced House Bill 1409, the fiscal year 2026 appropriations bill, to full finance by a 13-0 vote after adopting three amendments and hearing a line-by-line overview of revenues and major spending priorities.

The Finance, Ways, and Means Subcommittee voted 13-0 on April 15, 2025, to send House Bill 1409 — the fiscal year 2026 appropriations bill — to the full Finance committee after adopting three amendments.

Chairman Hicks presented the bill and walked members through the budget’s revenue assumptions and major spending priorities. "The budget this year, the fiscal year 26 budget is 59,700,000,000.0," Hicks said, summarizing the overall size of the plan. He told members the bill assumes 2% recurring tax revenue growth in fiscal year 2026 and that departments reverted more than $1.5 billion in unspent funds at the close of fiscal year 2024.

The subcommittee heard a breakdown of funding sources and major allocations. Hicks said…

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