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Senate Finance approves amendments to House Bill 1 and 2 after debate over budget priorities
Summary
The Senate Finance Committee approved amendments to House Bill 1 (amendment 2638s) and House Bill 2 (amendment 2637s) following discussion about the biennial budget, rainy day fund draws and education and housing priorities. The first amendment passed on a voice vote; the second passed on a roll call.
The Senate Finance Committee voted to adopt amendment 2638s to House Bill 1 and amendment 2637s to House Bill 2 after extended discussion about revenue estimates, rainy day fund draws and program priorities.
"For the record, my name is Michael Kane with the legislative budget assistant," Michael Kane said as he described the committee's surplus statement and the two amendments posted under the committee's website. Kane told the panel the Senate's estimates show a $93.4 million deficit in fiscal 2025 that will require a draw from the rainy day fund, and that projections put an estimated $50.4 million transferred back into the rainy day fund by the end of the biennium.
The committee debated the budget's effects on housing, health care, education and renewable…
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