Overview / Major Events
Big work remains before the 2018 Session of the Iowa General Assembly moves into shutdown mode for the year—and little of what was accomplished this week actually gets us much closer to that date.
Why?—because House and Senate leaders remain apart on setting joint budget targets or a total amount to set aside for a final tax reform package. Senate leaders are insisting that House and Senate Republicans agree on the total tax cut amount in the tax reform bill and THEN set budget targets based on the remaining revenue. It appears the House would prefer to agree on spending targets first, and then see what remains for a potential tax cut.
Regardless, until the Chambers agree on these two key areas, meaningful budget work will remain undone and additional time will be added on the back of the calendar.
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