Haslam signs state's $31B spending plan - WRCBtv.com | Chattanooga News, Weather & Sports

Haslam signs state's $31B spending plan

Posted: Updated:

NASHVILLE, Tenn. (AP) - Governor 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% to 5.25%, 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.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • NewsMore>>

  • Summertime car deals: Should you lease or buy?

    Summertime car deals: Should you lease or buy?

    Friday, July 25 2014 3:19 PM EDT2014-07-25 19:19:08 GMT
    Leasing may be the right option for some, but others may not qualify because of credit, income or other requirements. Since buying a vehicle is often the second-largest purchase a consumer makes after buying a home, it's important for consumers know what they're getting.More
    Leasing may be the right option for some, but others may not qualify because of credit, income or other requirements. Since buying a vehicle is often the second-largest purchase a consumer makes after buying a home, it's important for consumers know what they're getting.More
  • Working Together For You

    Erlanger board approves budget

    Erlanger board approves budget

    Friday, July 25 2014 2:00 PM EDT2014-07-25 18:00:29 GMT
    Erlanger Health System trustees passed what the hospital CEO is calling an “aggressive” budget for the upcoming year, which includes a 2.2 percent increase in patients.More
    Erlanger Health System trustees passed what the hospital CEO is calling an “aggressive” budget for the upcoming year, which includes a 2.2 percent increase in patients.More
  • Feds Propose Rule for Captioning Services at the Movies

    Feds Propose Rule for Captioning Services at the Movies

    Friday, July 25 2014 1:55 PM EDT2014-07-25 17:55:07 GMT
    The Justice Department is proposing a new federal rule that would require most movie theaters to provide closed captioning and audio description services for people with hearing and vision disabilities.More
    The Justice Department is proposing a new federal rule that would require most movie theaters to provide closed captioning and audio description services for people with hearing and vision disabilities.More
Powered by WorldNow
Can't find what you're looking for?

WRCB-TV
900 Whitehall Road
Chattanooga, TN 37405
(423) 267-5412

WRCB Jobs EEO | FCC Public Files

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WRCB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.