Assembly and Senate Appropriations Committees Clear Suspense File
On May 18, 2023, the Assembly and Senate Appropriations Committees acted on hundreds of bills that had been held on the suspense file due to their significant fiscal impacts. Bills are generally held on the suspense file before each fiscal deadline to allow the respective house to evaluate the total impact they can have on..
Read MoreGovernor Releases May Revision; Highlights Following Department of Finance Briefing
Governor Releases May Revision; Highlights Following Department of Finance Briefing This morning, Governor Gavin Newsom released the 2023-24 May Revision, which reflects a shortfall of $31.5 billion, up from $22.5 billion in the Governor’s Budget. Although it is a time of uncertainty, it does not predict a recession and the Governor is not looking to..
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