Alabama task force appointed to review budget items

The Alabama Senate passed a resolution this week establishing a 14-member task force to discuss budget reforms. The task force will consist of seven senators and seven members of the House of Representatives and will begin meeting no later than Sept. 30. According to the resolution, the task force will study issues including, but not […]

The Alabama Senate passed a resolution this week establishing a 14-member task force to discuss budget reforms. The task force will consist of seven senators and seven members of the House of Representatives and will begin meeting no later than Sept. 30.

According to the resolution, the task force will study issues including, but not limited to:

  • Implementing a biennial budget cycle
  • Requiring state entities to undergo greater performance and program reviews
  • Removing earmarks from funds to provide more flexibility and legislative oversight
  • Reviewing existing state tax credits, deductions, and exemptions that result in a total of $4.5 billion in lost revenue for the state budgets
  • Identifying areas to provide tax relief to Alabama families without significantly affecting state budgets

The LSCU advocacy team will be attending the task force meetings and will provide updates on a schedule when it becomes available.  Read more on the task force at AL.Com.

Written by
admin
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

Social Channels

Follow us on all major social media platforms.