Special Session Addresses Budget: Day Two
Today is day two of a special legislative session addressing the state’s budget deficit.
State senators passed a bill Tuesday to let Governor Phil Bryant dip further into the state’s financial reserves to plug a hole in the state budget, but the House has yet to reach a majority vote.
Earlier this morning, House Appropriations Chair Herb Frierson told the floor he believes it should only take $60 million to balance the state budget and that money could come in elsewhere before the fiscal year ends Thursday at midnight.
The House needs a two-thirds majority vote to allow Governor Bryant to dip into the rainy day fund should the state need the money.