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The budget bill was returned to the Senate, where it sat dormant for a week-and-a-half, until the Senate formally rejected the House amendments, asked the House for a Conference Committee, and appointed its Conferees. [...] With the failure of the Resolution to exempt the gubernatorial powers bill from the cut- off, the question remains whether Republicans will follow through with their threat to withhold their votes on the bond bill. [...] With the cap-and-trade bill still in the House, it seems unlikely either house would move the budget to the Floor until the revenue issue is resolved. [...] The Senate provided significantly more funding for K–12 stabilization than the House (over $550 million in the Senate versus $53.0 million in the House)—and the Senate provided a mix of state and federal resources, while most of the House investment is federal funds. [...] This bill and COLA are likely ‘dead’ unless the COLA is maintained in the budget and the implementing bill is brought directly to the floor as part of the bills needed to implement the budget.