Youngkin signs Virginia budget offering tax reductions, major new spending

BY: - September 14, 2023

Gov. Glenn Youngkin signed long-delayed amendments to Virginia’s two-year budget on the steps of the state capitol Thursday, concluding a six-month process that has left many local and state agency initiatives in limbo.  “You waited a long time for this day — too long, candidly,” Youngkin said. “But we came together and got it done.”  […]

Virginia Medicaid programs poised to receive more funding under budget deal

BY: - September 11, 2023

Greater funding and changes to several of Virginia’s Medicaid programs may be on their way after the General Assembly adopted long-delayed amendments to the state’s two-year budget last Wednesday.  The changes range from an increase in disability waiver slots and higher reimbursement rates for health care and disability service providers to modifying an emergency room […]

After six-month delay, Virginia General Assembly passes budget bill

BY: - September 6, 2023

The Virginia General Assembly passed long-delayed amendments to the two-year state budget Wednesday, ending a six-month stalemate and sending the document to Republican Gov. Glenn Youngkin for his signature.  The budget deal, which many in Richmond had worried would not be reached after negotiations briefly collapsed in July, combines major short-term tax reductions with significant […]

State funding for Richmond sewer project stripped out of budget deal

BY: - September 6, 2023

Earlier proposals to put an additional $100 million in state funds toward upgrades to Richmond’s combined sewer overflow system got edged out of this year’s budget deal to fund other initiatives, top budget negotiators said Wednesday. Gov. Glenn Youngkin as well as the Republican-controlled House of Delegates and Democratic-controlled Senate all included the funding in […]

Virginia sales tax holiday on track to return Oct. 20-22

BY: - September 6, 2023

Virginia’s sales and use tax holiday for school supplies, clothing and energy-efficient goods is on track to be reinstated Oct. 20 through Oct. 22 after the General Assembly approved amendments to the state’s two-year budget during a special session Wednesday. What’s in Virginia’s long-delayed 2023 budget deal The amended budget will now go for review […]

What’s in Virginia’s long-delayed 2023 budget deal

BY: - September 5, 2023

Ahead of the General Assembly’s return to Richmond for a special session Wednesday, budget negotiators this weekend released full details of how they believe the state should spend billions in surplus funds over the remainder of the fiscal year.  The long-delayed deal was announced Aug. 25, but lawmakers at the time provided few specifics beyond […]

Virginia General Assembly to return to Richmond next week to resolve budget

BY: - August 30, 2023

The Virginia General Assembly will return to Richmond Sept. 6 to complete work on long-delayed amendments to the state budget following a proclamation by Gov. Glenn Youngkin Tuesday evening.  “Today, I am calling Virginia’s lawmakers back to Richmond to reach a resolution on the state budget,” Youngkin said in a release. “Virginians deserve it. To […]

Virginia budget negotiators announce deal on tax rebates, new education investments

BY: - August 25, 2023

Virginia budget negotiators announced Friday they have reached a deal on amendments to the state’s two-year budget, signaling an end to a months-long process that has delayed numerous state investments. “The deal is one that provides Virginians with additional tax relief and unprecedented investments in education, natural resources, and behavioral health,” said the Aug. 25 […]

Virginia budget negotiators say deal likely by end of week

BY: - August 23, 2023

Virginia budget negotiators said Wednesday they hope to reach a deal on long-awaited amendments to the state’s two-year spending plan by the end of the week.  The signs of progress, which have followed months of on-again, off-again talks between budget leaders in the Democratic-controlled Senate and Republican-controlled House of Delegates, came as Gov. Glenn Youngkin […]

Budget standoff holds up amendment to staff Va. electric utility commission

BY: - August 10, 2023

The continued failure of Democrats and Republicans to agree to amendments to Virginia’s two-year budget is tying up funding for six staff members for the Commission on Electric Utility Regulation, a body the General Assembly voted to reinvigorate this past session. Lawmakers see the Commission on Electric Utility Regulation, or CEUR, as a resource to […]

What caused Virginia’s budget breakdown? Accounts differ.

BY: and - June 28, 2023

Virginia’s budget negotiators don’t agree on whether they did or didn’t agree to a preliminary deal months ago. House Appropriations Chairman Barry Knight, R-Virginia Beach, and Sen. George Barker, D-Fairfax, emerged this week from their budget talks — which the General Assembly conducts mostly in private until a deal is reached — with two starkly […]

Norment says political primaries are factor in Virginia’s unresolved budget impasse

BY: - June 14, 2023

In early May, Virginia lawmakers negotiating the state’s overdue budget pointed to the federal debt ceiling fight as a reason to delay action on the state’s spending plans.  A feared financial catastrophe never came to pass because Congress reached a bipartisan deal to raise the country’s borrowing limit. But Virginia legislators have shown little eagerness […]