In July comparisons, state revenue collections outpace prior year

In July comparisons, state revenue collections outpace prior year

State revenue reports from the month of July were released Tuesday and comparisons to the same time last year show that the Commonwealths has brought in more money in the first month of the new fiscal year compared to the same period for last year.

Wednesday, August 2, 2017/Author: Jason Gottesman
Categories: News and Views
Senate includes version of Stop & Go enforcement reform as part of revenue package

Senate includes version of Stop & Go enforcement reform as part of revenue package

Major legislation in the state General Assembly is often the product of compromise and deal-making and the revenue package the Senate moved along last week was no exception.

 

However, while various interest groups and stakeholders are scoffing at individual portions of the five budget-related implementation bills that provided for nearly $2.1 billion in funding for the state budget, those hoping to see some movement on reforming so-called stop-and-go enforcement might have their wishes answered in a portion of the Fiscal Code aimed at addressing the issue.

Tuesday, August 1, 2017/Author: Jason Gottesman
Categories: News and Views
Scarnati: “The need to govern is much higher in our chamber”

Scarnati: “The need to govern is much higher in our chamber”

The Pennsylvania Senate on Thursday morning narrowly passed and sent to the House a revenue package to balance the FY 2017-2018 spending plan and close out the FY 2016-2017 deficit.

 

While narrowly passing the chamber by a 26-24 margin, the revenue package cobbled together by the Senate with a mix of Republican and Democratic support was said to be a product of a chamber aimed at leading the state’s lawmaking bodies through a nearly month-long standoff on how to fund two budgets that are roughly $2.2 billion out of balance.

Thursday, July 27, 2017/Author: Jason Gottesman
Categories: News and Views
Senate sets sea-change revenue proposal, budget implementation bills for final passage

Senate sets sea-change revenue proposal, budget implementation bills for final passage

The Pennsylvania Senate Wednesday night loaded bills that will provide for the substantial majority of a $2.2 billion revenue package needed to balance the current and just previously concluded fiscal year’s budgets and provide for the implementation of the budget through specific code bills.

 

About $570 million of the nearly $2 billion revenue package now set for a final vote in the Senate on Thursday represents a sea change in terms of where prior revenue discussions were heading since it does not rely mainly on gaming expansion, prior year lapses, and offline revenue transfers.

Thursday, July 27, 2017/Author: Jason Gottesman
Categories: News and Views
A breakdown of the Senate code bills

A breakdown of the Senate code bills

The Senate advanced five budget implementation and revenue generating Code bills Wednesday that are set for final passage on Thursday. We take a look at what's in them.

Thursday, July 27, 2017/Author: Jason Gottesman
Categories: News and Views
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