General Assembly OKs Haslam's $32.8B budget plan

General Assembly OKs Haslam's $32.8B budget plan

Posted:

NASHVILLE (AP) - Gov. Bill Haslam's $32.8 billion budget has cleared the Tennessee General Assembly.

The Senate unanimously approved the spending plan on Wednesday afternoon, and the House later followed suit on an 83-14 vote.

On Thursday, the Senate unanimously agreed with minor changes the House made and sent the proposal to the governor.

The budget includes $77.4 million for a 1.5 percent pay raise for state employees, $22.2 million to reduce the sales tax on food by a quarter of a cent, and $18.7 million to continue the elimination of the state's inheritance tax.

The measure also has $100 million to shore up the state's rainy day fund, which is currently $356 million.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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