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House Finance outlines package of fee increases and cuts to close $770 million gap
Summary
House Finance leaders told the Senate Finance Committee they closed an estimated $770 million shortfall versus the governor's proposals largely through fee increases, targeted cuts and use of the rainy-day fund; the plan keeps most education adequacy funding intact while moving some lottery revenue and changing several dedicated-fund flows.
Representative Ken Weiler, chairman of the House Finance Committee, told the Senate Finance Committee that the House confronted an estimated $770 million gap between the governor's budget and the House ways-and-means revenue estimate.
"We were handed the governor's proposal. We put HB 1 and our other bill. We put HB 2 on it and filed them and then took a look at them and waited for the ways and means committee to come back with revenue estimates," Weiler said. He and other House members described a mix of revenue adjustments, program cuts and transfers intended to close the difference while moderating impacts on core services.
House leaders said they relied heavily on a…
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