March 13, 2020
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Since the Senate finished debate on the education reform bill last week, the log jam of bills on the Senate calendar began to move, including a couple of the Chamber’s priority bills.
This week, a Senate Finance subcommittee gave a favorable report to the Business License FeeReform bill. This is a big step that keeps up momentum for this critical legislative priority. The reform bill would create a single web portal, uniform process and set renewal date for business licenses. The standardized process will dramatically minimize administrative and compliance burden on any enterprise that does business in multiple jurisdictions. We are hopeful for a full committee meeting before the Senate takes up the budget.
On Tuesday, the Affordable Housing Tax Credit bill (H.3998) received third reading in the Senate on a 44-0 unanimous vote. The legislation creates a state tax credit that mirrors the federal tax credit for development of workforce housing. While not a silver bullet to our housing shortage, it will add another finance tool to make more workforce affordable housing projects a reality. The amended bill now moves back to the House. We will urge the House to concur with the Senate amendments once they return from furlough in two weeks.
Meanwhile in the House, deliberations began Monday on the 2020-2021 state budget. Here are a couple of highlights:
The House finished their work on Wednesday and now the budget moves to the Senate Finance Committee where they will begin their work.
George Ramsey
Senior Director of Legislative Relations