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April 24, 2018

MBI priority sent to Governor, FY' 18 deappropriations bill clears way for remaining budget decisions

March 23, 2018
Volume XVI, Edition 11

Gov. Reynolds’ top priority, Future Ready Iowa, will be arriving on her desk in short order after this week.  It is a rarity to have a bill pass unanimously in both the House and Senate, but that’s what happened here.  Future Ready Iowa, and strengthening our workforce in general, were outlined by the MBI board as priorities beforesession started and we’re thankful for the legislators that came together in a bipartisan fashion.  In addition, a second priority of MBI’s, the SAVE extension passed unanimously through the Senate Ways and Means Committee and is eligible for debate on the floor.  We expect the House to move next week in the Ways and Means Committee.   

Adeappropriations bill also passed to address a general fund shortfall for the fiscal year that ends June 30, 2018.  On a party line vote, the deappropriations bill cuts $25 million in funding to state agencies and repurposed $10 million in economic development incentives to cover the shortfall.  Getting over this hurdle is a big step in moving to the next budget decision--the FY ’18 budget which begins July 1, 2018.  Things are really moving quickly now...Read the entire legislative focus here.

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