When lawmakers cast the final vote on the 2021 budget, they won’t have updated revenue projections but other states and industries do.
Lawmakers return to the state capital to formally approve the budget Thursday amid concerns over the novel coronavirus outbreak.
Cities and states that rely on hotel taxes and tourism-related revenues will lose billions as events and attractions shutter to slow the spread of COVID-19.
In budget talks, House Speaker José Oliva says lawmakers will discuss how to prepare for a recession that may result from the economic impacts of COVID-19.
The outbreak and a free fall of oil and stock prices are rattling bankers at this year's ICBA gathering in Orlando, Fla.