Reed: “I don’t think it’s any secret that we’re not supportive of the revenue package the Senate passed over”

Reed: “I don’t think it’s any secret that we’re not supportive of the revenue package the Senate passed over”

House Majority Leader Dave Reed (R-Indiana) addressed the Senate-passed revenue plan Thursday afternoon, panning large swaths of the proposal, but pledging to bring a new proposal to the table as soon as consensus in the House is achieved on a plan.

Thursday, August 10, 2017/Author: Jason Gottesman
Categories: News and Views
Lawmakers introduce bills aimed at ending budget impasses

Lawmakers introduce bills aimed at ending budget impasses

Once again mired in a budget-related standoff, legislators have started to form bills and co-sponsorship memos to address how the General Assembly should act when such impasses occur. 

Monday, August 7, 2017/Author: Kyle Maguire
Categories: News and Views
With budget revenue agreement languishing, Treasury loans $750 million to General Fund

With budget revenue agreement languishing, Treasury loans $750 million to General Fund

State Treasurer Joe Torsella and Auditor General Eugene DePasquale announced Thursday that a $750 million loan has been authorized by the state Treasury to the General Fund to keep the so-called largest of the state’s checkbooks from reaching a zero balance.

Thursday, August 3, 2017/Author: Jason Gottesman
Categories: News and Views
In July comparisons, state revenue collections outpace prior year

In July comparisons, state revenue collections outpace prior year

State revenue reports from the month of July were released Tuesday and comparisons to the same time last year show that the Commonwealths has brought in more money in the first month of the new fiscal year compared to the same period for last year.

Wednesday, August 2, 2017/Author: Jason Gottesman
Categories: News and Views
Senate includes version of Stop & Go enforcement reform as part of revenue package

Senate includes version of Stop & Go enforcement reform as part of revenue package

Major legislation in the state General Assembly is often the product of compromise and deal-making and the revenue package the Senate moved along last week was no exception.

 

However, while various interest groups and stakeholders are scoffing at individual portions of the five budget-related implementation bills that provided for nearly $2.1 billion in funding for the state budget, those hoping to see some movement on reforming so-called stop-and-go enforcement might have their wishes answered in a portion of the Fiscal Code aimed at addressing the issue.

Tuesday, August 1, 2017/Author: Jason Gottesman
Categories: News and Views
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