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January 29, 2015      4:07 PM

Senate budget on fast track to hit the floor

Fast learning curve for 8 new members of Finance

The Senate Finance Committee is on a tight four-week time frame to get the budget reviewed and out to the floor within Lt. Gov. Dan Patrick’s timeframe.

When the Senate budget was unveiled last week, Patrick said he did not intend to wait until the chaos of the last few weeks of session to pass the bill. And the budget, this time, is Senate Bill 2, while property and commercial tax relief is Senate Bill 1.

For those who like the quick read, the Legislative Budget Board presented an executive summary of the budget bill here. The all funds budget is $205 billion, including $3 billion in additional funds, or a 1.5 percent increase over the last budget. An additional $193 million was expended over budget funds in 2014-15.

By Kimberly Reeves