Current:Home > FinanceRobert Brown|Arkansas lawmakers approve $6.3 billion budget bill as session wraps up -Streamline Finance
Robert Brown|Arkansas lawmakers approve $6.3 billion budget bill as session wraps up
Benjamin Ashford View
Date:2025-04-07 05:59:17
LITTLE ROCK,Robert Brown Ark. (AP) — Arkansas lawmakers gave final approval to bills outlining the state’s $6.3 billion budget for the coming year as they wrapped up this year’s legislative session.
The House and Senate approved identical versions of the proposed Revenue Stabilization Act, the state’s budget bill, sending the measure to Gov. Sarah Huckabee Sanders’ desk.
The proposal mirrors Sanders’ budget proposal unveiled earlier this year that will increase state spending by 1.76% over the previous year. Most of the $109 million increase in spending will go toward a new school voucher program that was created through an education overhaul that Sanders signed into law last year.
The budget was approved the day after lawmakers approved new restrictions on cryptocurrency mining operations, one of the few non-budget items that was on the agenda for this year’s session.
Legislative leaders have said they expect discussions toward the end of this fiscal year on whether there will be a special session to take up additional tax cuts. Sanders has signed into law two income tax cuts since taking office last year. Lawmakers will return to the Capitol next week to formally adjourn the session.
veryGood! (999)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Why Tyra Banks Is Skipping the Plastic Surgery Stuff Ahead of Her 50th Birthday
- 24-Hour Flash Deal: Save $200 on a KitchenAid Stand Mixer
- Will Lionel Messi play in Inter Miami's next match vs. Toronto FC? Here's the latest.
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Police say a Virginia mom, her 3 kids are missing. Her husband says he's not concerned.
- Biden is unveiling the American Climate Corps, a program with echoes of the New Deal
- Bachelor Star Clayton Echard Served With Paternity Lawsuit From Alleged Pregnant Ex
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Danny Masterson’s Wife Bijou Phillips Files for Divorce
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- 3 fake electors want Georgia election subversion charges against them to be moved to federal court
- El Salvador’s leader, criticized internationally for gang crackdown, tells UN it was the right thing
- Man arrested for faking his death ahead of court date: Sheriff
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Some Virginia Democrats say livestreamed sex acts a distraction from election’s real stakes
- The 2023 Latin Grammy Nominations Are Here: See the Complete List
- The 20 Most-Loved Home Entertaining Picks From Amazon With Thousands of 5-Star Reviews
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Sikh separatism has long strained Canada-India ties. Now they’re at their lowest point in years
Fentanyl found under sleeping mats at Bronx day care where 1-year-old child died
'Missing' kayaker faked Louisiana drowning death to avoid child-sex charges, police say
Woman dies after Singapore family of 3 gets into accident in Taiwan
Horoscopes Today, September 19, 2023
Horoscopes Today, September 19, 2023
Cheryl Burke Says She Has a Lot of Years to Make Up for Relationship With a Narcissist