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Senate appropriations panel passes $38.5 billion FY27 budget with investments in retirees, waivers and education
Summary
The Appropriations Committee approved the Senate version of the FY27 budget (House Bill 974), a $38.5 billion package that includes $100 million to the state employee retirement system, funding for 1,217 NOWCOMP waivers, a Lake Lanier study and changes to university online funding.
The Senate Appropriations Committee voted unanimously to advance the Senate’s FY27 budget proposal, House Bill 974, a $38.5 billion package that the chair described as prioritizing education, public safety, retirees and targeted program investments.
The chair said the $38.5 billion figure represents about a $600 million increase over the previous year, which becomes roughly $400 million after the governor’s adjustments to the state health benefit plan. Notable allocations described in committee remarks include:
- A $100 million recurring addition to the state employees’ retirement system (ERS) base designed to help trigger more…
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