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.