This morning Senate Finance voted out a $176.5 billion budget for the 2012-13 biennium which is almost $12 billion more than the bill that was passed out earlier in the House.
According to an analysis prepared by the Senate, their version will:
- Restore Medicaid reimbursement rates to 6% average reduction
- Restore Nursing Homes and Medicaid physicians and dentists to FY 11 rates
- Requires more than $3 billion of specific cost savings measures; maintains all current clients served
- Provides $200 million more for mental health services
- Adds $4.3 billion more into public schools
- Provides $400 million more for instructional materials included in Proclamation 2011
- Appropriates $4 billion Prop 12 Bonds to allow for $100 million more in lettings than in FY 10-11
House and Senate Comparison
|
General Revenue |
|||
|
|
Senate Finance Committee 2012-2013 |
House Engrossment 2012-2013 |
Difference 2012-2013 |
|
Article I |
$2,119,886,395 |
$2,042,314,205 |
$77,572,190 |
|
Article II |
$23,688,011,690 |
$22,053,440,233 |
$1,634,571,457 |
|
Article III |
$49,349,786,643 |
$43,569,469,986 |
$5,780,316,657 |
|
Article IV |
$371,767,928 |
$377,806,571 |
($6,038,643) |
|
Article V |
$8,479,436,779 |
$7,847,328,084 |
$632,108,695 |
|
Article VI |
$682,600,618 |
$644,411,386 |
$38,189,232 |
|
Article VII |
$595,307,302 |
$502,350,810 |
$92,956,492 |
|
Article VIII |
$276,743,285 |
$282,675,635 |
($5,932,350) |
|
Article IX |
($5,195,904,123) |
($17,016,886) |
($5,178,887,237) |
|
Article X |
$341,199,240 |
$312,956,904 |
$28,242,336 |
|
Total |
$80,708,835,757 |
$77,615,736,928 |
$3,093,098,829 |
*Data reflects SFC decisions as of April 14, 2011, and amended by proposed Article IX Motion.
Senate Finance Committee Chair Steve Ogden authored an amendment to replace $3 billion in general revenue (GR) previously adopted for the Foundation School Program (FSP) with a similar amount from the Rainy Day Fund (RDF). The amendment is contingent on the Comptroller failing to certify a that additional revenue over the current Biennial Revenue Estimate (BRE); if the Comptroller adjusts her BRE upward then the amount of RDF used to balance the budget would go down. The amendment also adds the following provisions:
- Provides a contingency for SB 1811 deferring the August 2013 foundation school program payment ($2 billion).
- Directing the employee retirement system to assess 1% contribution on state agencies and institutions of higher education (except UT and A&M).
- Increases appropriations to Comptroller to increase FTEs associated with increasing taxpayer compliance with natural gas tax codes.
The net effect of adopting the perfecting amendment would reduce GR appropriations in the committee substitute by $5 billion. The amendment was adopted and rolled into the committee substitute.
HB 1, as substituted, was voted out of the committee with 11 ayes and 4 nays – those who voted against the bill were Sens.: Eddie Lucio, Dan Patrick, John Whitmire, and Judith Zaffirini.
To view the complete bill text, please visit: Senate Committee Substitute for House Bill 1
