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Published on Friday, April 12, 2013

House releases state budget proposal

Last week, the Senate released its plan to fund state government programs for the next two years. This week, it was the House’s turn.

One of the major differences between the two proposals is the reliance on new revenue. The Senate proposal did not contain any, while the House proposal includes $1.3 billion through repealing tax exemptions and special rates, addressing a state Supreme Court decision on the estate tax, and maintaining a beer tax and B&O surcharge set to expire this June.

The good news for cities is that the House is not proposing to reduce or eliminate any state shared revenues, including liquor taxes and profits. (The Senate proposal reduces local liquor taxes by 50 percent.)

See our comparison of the Senate and House budgets and get more information about what is being proposed for stormwater funding, MTCA funding, the Public Works Trust Fund, local criminal justice programs, and public records.

Categories: State budget