Haslam signs state's $31B spending plan

NASHVILLE, Tenn. (AP) -- Gov. Bill Haslam has signed the state's more than $31 billion annual spending plan.

The budget includes funding for reducing the sales tax on groceries from 5.5 percent to 5.25 percent, increasing the exemption for the inheritance tax from $1 million to $1.25 million and enhanced penalties for gang and gun crimes.

The House voted 63-27 to adopt the budget proposal agreed to in a rare conference committee following disagreements over local projects. The Senate passed it 31-2 shortly afterward with little debate.

According to a spokesman for the Senate speaker, the last time a conference committee was held on the budget was in 2000.

The governor also signed into law a bill to allow the state to exceed a constitutional spending cap long championed by Republicans.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to webmaster@wvlt-tv.com. Please provide detailed information.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 151810535 - local8now.com/a?a=151810535
Gray Television, Inc.