July 11, 2022
PUBLIC FINANCE > Budget > FY 2022

House Ways and Means Economic Development & Surplus Legislation

Less than three weeks before the end of formal session, House Ways and Means has released a $4.3 billion bill that makes direct appropriations, authorizes capital spending and proposes tax relief. This massive bill includes $2.55 billion in immediate spending in FY 2022 surplus and American Rescue Plan funds, $1.255 billion in capital authorizations, and a $500 million tax relief package.