CURRENT NEWS

Breaking Down the Budget

June 4, 2019

The House of Representatives and Senate passed a budget this week which is responsible, stable, and funds the Rainy Day Fund at historic levels. The budget makes significant investments in education, job growth, and economic development while holding the line on spending. The growth rate for fixed costs in the General Fund is 1.3% and for non-fixed costs is simply 0.03%.

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House Passes Offshore Wind Bill

May 14, 2019

The House of Representatives gave its approval today, to a renewable energy measure expected to position the state as a leader in green technology. The legislation, HB 7156, An Act Concerning The Procurement Of Energy Derived From Offshore Wind, would authorize the procurement of energy derived from offshore wind and ultimately transform the state’s net zero carbon energy portfolio into a new maritime industry.

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