The Alabama House of Representatives held off consideration of a number of revenue generating bills this week so that the leadership could continue work on the legislation. Among the bills is SB 76 which the HBAA, working in conjunction with the Governor's office, was able to get amended to specifically exempt several housing related boards and agencies. As you may recall, SB 76 is designed to transfer all real property and leases to the finance department in an effort to consolidate the management of state facilities. The exemption from the bill that the HBAA was able to negotiate includes the Home Builders Licensure Board, Alabama Housing Finance Authority, General Contractors Licensure Board, Plumbers and Gas Fitters Examining Board, and the Heating, Air Conditioning, and Refrigeration Contractors Board. The House is expected to begin work on the budgets next week along with the revenue bills.
As both chambers continue to grapple with how best to handle the projected General Fund Budget shortfall, more and more creative revenue enhancement bills surface. The House plan is to raise roughly $150 million in new revenue, far short of the projected $280 million shortfall for 2016. Regardless of what the Senate solution may look like, all general revenue bills are required by the Alabama Constitution to start in the House of Representatives. With only eight legislative days remaining, the task for the legislature is daunting.
Rumors of special sessions are quickly beginning to look unavoidable. With tax increases, fee increases, cuts to state services, and expansion of gaming on the table, the summer of '15 looks to be long and heated.
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