Forty-six states will begin fiscal year (FY) 2021 on July 1, 2020. New York begins its fiscal year on April 1, Texas begins its fiscal year on Sept. 1 and Alabama and Michigan begin theirs on Oct. 1. As of April 1, 24 states have enacted budgets for FY 2021. Sixteen of those states enacted a biennial budget during their 2019 legislative session. As COVID-19 has already begun impacting state fiscal situations, some states have quickly adopted measures to prevent a shutdown if there were no budget in place by the start of the new fiscal year. These include the adoption of base budgets and continuing resolutions. For example, Iowa has adopted legislation allowing the state to maintain operations for the first two months of FY 2021.