Home – Budgets in Brief - March 18 2019

Budgets in Brief - March 18 2019

TX SENATE APPROVES $8.4B IN ADDITIONAL SPENDING FOR FY 2019

The TEXAS Senate approved a supplemental FY 2019 appropriation of $8.4 billion for lingering expenses associated with Hurricane Harvey, school safety measures and the teacher retirement system, among other things, with $4.4 billion of that total coming from the state’s rainy day fund. The proposal will have to be reconciled with one in the House calling for $5.25 billion in additional spending, including $1.2 billion from the rainy day fund. (AUSTIN AMERICAN-STATESMAN)

 

WA SENATE PASSES PRESIDENTIAL TAX RETURN REQUIREMENT

The WASHINGTON Senate passed a bill (SB 5078) that would require presidential candidates to release five years of tax returns before they could appear on either the state’s primary or general election ballot. Similar legislation has been introduced in dozens of other states since President Donald Trump refused to release his returns during the 2016 presidential campaign. (ASSOCIATED PRESS)

 

GROWING NUMBER OF LA TOWNS RELYING ON SPEEDING TICKETS FOR REVENUE

The number of small municipalities in LOUISIANA that derive at least half of their revenues from traffic fines and forfeitures rose from 15 to at least 25 between 2007 and 2018. Those same sources accounted for over 30 percent of revenues in 60 other municipalities in 2018, more than double the 28 in 2007. (ADVOCATE [BATON ROUGE])

 

-- Compiled by KOREY CLARK