Together, these two measures are supposed to save $250 million over the life of the two-year, $21 billion budget.
Officials say there is a $200million gap in the $30billion two-year budget.
That figure represents 2 percent of the state's two-year, $3.2 billion budget, which by law must be balanced.
The Legislature continued efforts to balance the state's $3.2 billion, two-year budget.
And it marked the first two-year budget ever prepared for the state, at least in modern times.
We will have a two-year budget in a sense this year.
Congress asked the Administration to present a two-year budget.
The state operates on a two-year budget with the fiscal year starting July 1.
The tax-cutting measure was expected to force the state to cut about $600 million from its two-year $5 billion budget.
Still, the $79.9 billion two-year budget just passed did not have any major tax increases.