Budget, tax bill tweaks pass General Assembly

04/14/2018 02:34 PM

FRANKFORT- As the clock is ticking before sine die, the Senate Appropriation and Revenue committee approved two committee substitutes cleaning up language in the budget and revenue bills.

House Bill 265 SCS1, cleans up the language from House Bill 200. It does various things, including shifting $7 million to school districts who have been adversely affected by the loss in unmined minerals tax. It also creates language for tourism grants through the Kentucky Office of Tourism.

House Bill 487, is the cleanup bill for House Bill 366, the revenue bill. This bill would generate an estimated $395.8 million over the biennium, according to Senator Chris McDaniel, R-Taylor Mill. It also restores tax credits given to large manufacturers, like Toyota, which had been removed from the original bill.

Both bills passed the Senate committee despite some objection from Democrats that there was not enough time to review the language in the bills.

House Bill 487, passed the Senate 24-14, with Senator Tom Buford, R-Nicholasville, joined thirteen Democrats in opposing the measure. House Bill 265, passed the Senate unanimously.

House Bill 487 saw an uncertain future in the House, after a vote to concur with Senate Committee Substitute 1 narrowly received a simple majority. Republican lawmakers huddled together trying to piece together enough votes for final passage, and after a brief stall, the House voted for final passage of the revenue bill with a vote of 51-38.

House Bill 265, saw an easier path to final passage, with little debate the measure passed 80-11.

Both bills will now head to Gov. Bevin where they face an uncertain future.

Michon Lindstrom

Michon is a producer for Pure Politics. Michon comes to Kentucky from Springfield, Illinois where she served as the statehouse reporter for the NBC affiliate. During her time in the Land of Lincoln she covered the state’s two year budget impasse and the largest school funding overall in Illinois history. Pure Politics airs weeknights at 7 and 11:30 on Spectrum News. Follow Michon on Twitter at @MichonLindstrom or reach her by email at michon.lindstrom@charter.com


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