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TMA Legislative Hotline

TMA Legislative News Hotline: Monday, June 27, 2011

With only three days left in this special session, lawmakers still need to finalize three budget bills to balance the 2012-13 budget and carry out the spending cuts lawmakers made during the regular session. All three bills are close to completion providing they don’t hit a snag. The Texas House will take up conference committee reports for two of the three budget bills — Senate bills 2 and 7— today. Negotiations are still underway for SB 1, which is in conference committee. SB 1 would create around $3.5 billion in nontax revenue for the next two-year budget.

Source: TMA Legislative Hotline | 27 Jun 2011 | 3:17 pm