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ARTICLE · 13 APRIL 2021

Capitol Update – April 9, 2021

Buchanan Ingersoll & Rooney
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The House and Senate have passed their respective budgets (40-0 in the Senate and 104-14 in the House) this week in Tallahassee setting the table for the Budget Conference Committee to commence...

United StatesGovernment, Public Sector
Buchanan Government Relations
Buchanan Government Relations
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Budget Update

The House and Senate have passed their respective budgets (40-0 in the Senate and 104-14 in the House) this week in Tallahassee setting the table for the Budget Conference Committee to commence, negotiating what will ultimately become the GAA or General Appropriations Act, SB 2500. The budget conferees will be appointed shortly and could begin work as early as next week.

Lawmakers have until April 27th to finalize the budget meeting the 72 hour "cooling off" period before April 30th, the last day of regular session. Currently, the House is at roughly $97 billion while the Senate comes in at $95 billion. The current state budget is $92 billion. With $10 billion allocated from the recently passed American Rescue Plan Act and a recent $2 billion increase in revenue projections, budget writers should have ample resources to meet the state's needs in FY 2021-22.

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