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.
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