Lawmakers on the House Finance Committee are about to get down to serious discussion of the new state budget. The fate of Governor Gina Raimondo’s most important initiatives will be in their hands.
In a statement, House Speaker Nicholas Mattiello said the budget will make the agenda at the Finance Committee next week. This week, the committee reviews a proposed settlement to a lawsuit over the state pension overhaul. It also plans to look over Governor Raimondo’s infrastructure-funding plan, among other issues.
Raimondo unveiled her $8.6 billion budget proposal in March. As typically happens, lawmakers are expected to tweak the plan. Already a tax on high-end vacation homes is on the chopping block. Other top questions include the fate of proposed Medicaid cuts and incentives for economic development.
As for public funding for a proposed PawSox stadium in downtown Providence, lawmakers are expected to wait until public hearings can be conducted.
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