TO: NAIOP Florida
DATE: January 29, 2018
The third week of the 2018 Legislative Session ended with the House and Senate appropriations committees releasing their respective budget proposals. Each draft will be a point of focus through the remaining six weeks of Session.
The Senate budget, guided by Appropriations Chair Sen. Rob Bradley, proposed $87.3 billion in its version of the 2018-19 state budget. The House budget, guided by Appropriations Chair Rep. Carlos Trujillo, proposed $87.2 billion. While the overall amounts are only $100 million apart, there are clear divides in a few areas including a $600 million gap between the House and Senate’s funding of colleges and universities. Both proposals are less than Gov. Rick Scott’s $87.4 billion budget, which was released last November.
Week 3 of Legislative Session also marked NAIOP of Florida Days in the Captiol. Kudos to Kyle Jones and Will Dunaway for leading the representatives around the Capitol for productive meetings on the business rent tax, impact fee relief and permit fee transparency.
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