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Friday, May 30, 2014

Budget Season Begins; Issues of Importance on House Schedule

Budget Season Begins; Issues of Importance on House Schedule

The House returns to session on Monday, June 2. Live web streams of House session and the majority of committee meetings are available at PAHouseGOP.com. Important information and events may also be viewed by visiting Facebook.com/PAHouseGOP.
Budget: Setting Priorities, Spending with Sustainable Revenues

June is budget season in the State Capitol.

State revenue collections have been less than anticipated this year. Knowing we have to govern responsibly, House and Senate leaders have been meeting with the administration to work on the 2014-2015 state budget.

Reviewing each line in the budget, House budgeteers are looking at expenditures which can be reduced and changes to tax credits which may no longer be affordable, as well as considering responsible revenue sources, such as fully privatizing the adult beverage industry.

House Bill 790 (Rep. Mike Turzai, R-Allegheny County), which passed the House on March 21, 2013, and is awaiting Senate action, could, as passed in the House, bring in to state coffers approximately $1 billion through wholesale and retail licensing, and curbing border bleed. Through additional license fees and renewals, the legislation would ensure hundreds of millions of dollars annually for the General Fund while strengthening the regulatory and law enforcement components of the Pennsylvania Liquor Control Board.

For the latest budget updates, visit PAHouseGOP.com.

The Weekly Schedule

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