Virginia’s financial position continues to improve after COVID-19’s impacts in 2020, but the fast-paced recovery seen earlier in the year is slowing, Secretary of Finance Joe Flores told legislators in an update on Monday and Tuesday.
“The bottom line is that we’ve hit a few roadblocks in the past month or so with the resurgence of the virus, especially the Delta variant, and some supply chain issues. But you’re going to see from this report, as you mentioned Madam Chair, that the current revenue performance continues to just chug along. We’re doing actually very well, and it’s suggestive of a recovering economy,” Flores told the Senate Finance and Appropriations Committee on Tuesday.
Governor Ralph Northam touted Virginia’s 2021 $2.6 billion surplus and economic recovery in his annual revenue speech to a joint meeting of the Senate Finance and Appropriations, House Appropriations, and House Finance Committees.
“I am here today to update you on the Commonwealth’s revenues for the fiscal year that ended on June 30. And it’s good news. Really good news,” he said, according to prepared remarks of the Wednesday speech.
RICHMOND, Virginia – The budget bill to allocate $4.3 billion in American Rescue Plan Act (ARPA) funds passed out of the House of Delegates Committee on Appropriations on Monday, the first step to passing Governor Ralph Northam’s proposals for the money.
But the first day of the second 2022 special session saw legislative gridlock between the Senate and the House of Delegates. The House passed HJ 7003, which establishes the rules and schedule for how the session will operate. When the legislation was sent to the Senate, Senate Democratic leaders introduced three amendments which received broad bipartisan support.
Virginia Governor Ralph Northam unveiled his recommendations for the biennial budget on Wednesday with big spending toward the state’s continued response to the COVID-19 pandemic, public education and other items.
The governor presented his budget proposals to lawmakers during a joint virtual meeting of the House of Delegates and Senate appropriation committees.
After two years in Congress, Representative Jennifer Wexton (D-VA-10) has been nominated to the powerful House Appropriations Committee for the 117th session which starts in January. The current session is the first in over a century where Virginia had no representatives on the committee, according to a Wexton press release. She will be able to advocate funding for Virginia priorities like infrastructure and national defense.
Delegates in the House Committee on Appropriations voted against a bill Monday that removed qualified immunity for law enforcement officers, making them liable to lawsuits.
The Bill, HB 5013, sponsored by Del. Bourne (D-Richmond City), was defeated in Committee after failing to get enough votes to advance to the House floor.