Brought to you by WBIW News and Network Indiana
Last updated on Tuesday, February 26, 2013
(INDIANAPOLIS) - The Indiana House approved a new state budget Monday night.
The two-year, 30-billion spending plan advanced on a 68-28 vote after a marathon day of debating bills ahead of the House's midnight deadline to send bills to the Senate.
It boosts overall K-12 education spending by 2 percent in its first year and another 1 percent in its second year, puts more aside for a tuition reserve fund, and pumps an extra 250-million per year in gas and sales tax revenue for state and local transportation funding.
The House Republican budget does not include the top priority on Governor Pence's first-year legislative agenda - a reduction in Indiana's individual income tax rate.
1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com
© Ad-Venture Media, Inc. All Rights Reserved.