Budget Watch - House and Senate Budgets for FY2020-21

/ Categories: Research, Budget/Approps

With a little over two weeks remaining in the 2020 Legislative Session, there is still much to be decided about how more than $90 billion in taxpayer money will be spent next year. The General Appropriations Act is the only bill the Legislature is constitutionally required to pass. Budget conference negotiations will formally begin soon, likely next week. Since lawmakers are constitutionally required to wait 72 hours before a final vote, a mutually agreed-upon budget must be produced by Tuesday, March 10 in order for an on-time finish of the session on Friday, March 13. As we prepare to head into conference, this analysis looks at what is in the two budgets and what the major differences are.

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Diverting Tourist Development Tax Revenue

Tourist Development Taxes (TDTs) play a vital role in Florida counties’ promotion of tourism in their areas. Over the years, the Legislature has added more and more authorized uses of this revenue, diluting the funding available for tourism promotion and advertising. During the 2020 session, efforts to further expanded the authorized uses are continuing. The “slippery slope” warning raised by the tourism industry and Florida TaxWatch in the past has become a reality. 

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An Independent Assessment of the Impact of Broward College

On January 30th, 2019, Governor DeSantis signed an Executive Order establishing the goal to make Florida number 1 in the U.S. for workforce education by 2030 and to ensure that Florida students are ready for high-demand, high-wage jobs. Building a workforce in health services, transportation, education, computing, trade, utilities, and jobs that require an industry certification or license will require a sizable investment of public and private funds. In this report, TaxWatch takes a fresh look at Broward College, how it compares to other institutions of higher learning in the Tri-County South Florida region, and its return on investment. 

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Budget Watch - House and Senate Budgets for FY2020-21

With a little over two weeks remaining in the 2020 Legislative Session, there is still much to be decided about how more than $90 billion in taxpayer money will be spent next year. The General Appropriations Act is the only bill the Legislature is constitutionally required to pass. Budget conference negotiations will formally begin soon, likely next week. Since lawmakers are constitutionally required to wait 72 hours before a final vote, a mutually agreed-upon budget must be produced by Tuesday, March 10 in order for an on-time finish of the session on Friday, March 13. As we prepare to head into conference, this analysis looks at what is in the two budgets and what the major differences are.

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HB7087 — Proposed Merger of SUS Institutions

HB 7087, upon becoming law, would require the Boards of Trustees of Florida Polytechnic University (Florida Poly), New College of Florida (New College), and the University of Florida (UF) to submit to applications for merger to the Southern Association of Colleges and Schools Commission on Colleges (SACSSCOC). Upon approval of the mergers, New College and Florida Poly would become part of UF and specified items and assets of New College and Florida Poly would be transferred to UF.

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Session Spotlight - Provisions in the House Tax Package & Corresponding Senate Legislation

It appears the 2020 Legislature will cut taxes again. As has been a recent practice, the House Ways & Means Committee developed a package of tax cuts and other tax-related provisions, while the Senate has moved individual tax bills through committee. We likely will not see the Senate’s full tax proposal until the House bill (HB 7097) reaches the Senate floor and it offers an amendment. 

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