This morning, Governor Terry McAuliffe released HB 5003. A press release describing this budget is attached. This budget used former Governor McDonnell’s budget as a starting point, and incorporated 104 revenue and expenditure amendments. HB 5003 contained a two-year pilot program for Medicaid expansion; Governor McAuliffe had received a letter from the federal government’s Center for Medicare and Medicaid Services which indicated that Virginia could participate for two years and then discontinue participation if necessary, without financial obligation and without a penalty.
The House Appropriations Committee held a briefing shortly following the Governor’s announcement, and presented HB 5001 (the “caboose” bill for the biennium ending on June 30, 2014) and HB 5002, their version of the budget. A summary of the major components contained in HB 5001 and HB 5002 is located here.
This afternoon, the House Appropriations Committee met during a recess of the House of Delegates and took up HB 5001, HB 5002, and HB 5003.
- HB 5001 was reported, passed the House of Delegates, referred to the Senate, assigned to the Senate Finance Committee, approved, sent to the Senate floor and approved 32-3. HB 5001 will now go to Governor McAuliffe for signature.
- The House Appropriations Committee voted to “pass by indefinitely” Governor McAuliffe’s HB 5003.
- HB 5002 was approved, with amendments. This biennial budget bill now contains many of the amendments which were approved by the House Appropriations Committee in their version of the previous House budget bill (HB 30) during the regular 2014 General Assembly session.
The House of Delegates is not scheduled to meet again until tomorrow, March 25, at 7:30 p.m. The Senate will not reconvene again until Thursday, March 27.
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