On Monday the Senate Appropriations Committee held the chamber’s first budget hearing. While the budget bill HB1001 is still technically awaiting action in the House (the Ways & Means committee report had not yet been approved when House Democrats walked out in February), the Senate committee has begun holding public hearings on what will become the Senate version of the bill.
Rep. Espich (R-Uniondale), the author of HB1001, testified stating in the hearing that the intent of the bill is to eliminate the Indiana deficit by 2013. Rep. Espich also stated that he felt the bill would stay similar to the governor’s January budget proposal. Some funding differences include changes for K-12 education, public mass transit, Medicaid and higher education.
Materials and handouts from the meeting:
- Rep. Espich’s Powerpoint
- Tuition Support Formula for 2012 and 2013
- Public Deposit Collateralization Data from Indiana Bankers Association
- CHOICE information from AARP
- Indiana Heritage Trust by the Numbers
For the full budget hearing schedule and a link to watch LIVE from the Statehouse, check out our earlier Budget Brief.