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State Budget Continues to Trump All Other Legislative News

July 22nd, 2009

Regardless of the media outlet, all eyes are on the Governor and legislative leaders as they work to resolve the FY 2009-10 budget impasse. As the budget process takes its next turn – the formation of a conference committee to reach a compromise – increasing the personal income tax and freezing the phase-out of the Capital Stock and Franchise Tax (maintaining the 1.89 mills rate) remain squarely in the middle of the table.

Fortunately, the monies used for capital construction projects are separate from the General Fund (the focus of the current budget struggle) so the Commonwealth is continuing to build, including several state prison projects. For more state construction and procurement news, contact GCAP at 717-512-6391 or email hidden; JavaScript is required.