Details of stimulus bill released
State agencies would be required to lapse $125 million, hospitals would pay a new assessment to generate matching federal dollars and businesses would be subject to combined reporting for their tax bills under legislation the governor and lawmakers unveiled this afternoon.
The bill would trim the state's $5.7 billion budget gap by an estimated $675 million.
The package also includes expanding eligibility for angel investor tax credits, consolidating existing tax credit programs and other measures.
It also pre-approves $300 million in anticipated federal stimulus funds for infrastructure and transportation projects. Additional stimulus money would be approved by the Joint Finance Committee.
Read the release.
Read Doyle's letter to legislative leaders.
