budget bill

Kentucky Senate Passes New Two-Year Budget

Mar 24, 2014

The Kentucky Senate by a vote of 25-2 has passed a $20 billion, two-year state budget that differs from the House-passed plan on some key points. Eleven senators passed.

The version that emerged Monday significantly reduces the amount of bonded projects.

The proposed Senate version restores a 2.5 percent cut in operating funds for universities included in the House's budget.

But the Senate plan removes a number of bonded construction projects for the universities that the House backed.

LRC

Two year budgets for all three branches of state government have now passed one chamber of the Kentucky General Assembly. The House spent more than an hour debating the details of the executive, legislative and judicial budgets before easily passing all three. They also passed a bill creating a tax amnesty program that Governor Steve Beshear requested.