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Headlines: Alabama
Lawmakers give final approval to General Fund budget, send it to governor
The Alabama Legislature gave final approval Thursday to the state General Fund budget for fiscal 2014, sending the $1.75 billion spending plan to Gov. Robert Bentley.
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Headlines: Wisconsin
State budget panel OKs residency rule based on distance
Joint Finance Committee also votes on measures on streetcar, taxes, prohibition of soda bans.
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Headlines: Nebraska
Biggest piece of $7.8B state budget bill passes, ending 16 hours of debate
With no dissenting votes, Nebraska lawmakers on Thursday advanced the biggest pieces of the $7.8 billion, two-year state budget package.
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Headlines: Illinois
How a state bond sale escaped pension penalty
Illinois got a good deal on a $300 million bond sale today, illustrating what happens when the Chicago economy and not the state's pension obligations drive how investors look at the state's creditworthiness.
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Headlines: Kansas
Kan. debate over taxes remains volatile
Kansas legislators reconvene this week facing a decision about Gov. Sam Brownback's plan to stabilize the budget by canceling a scheduled sales tax decrease.
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Headlines: Hawaii
Hawaii's unfunded liabilities loom large
Hawaii lawmakers took modest steps to address the state's record $25-billion in unfunded liabilities during the 2012 and 2013 legislative sessions but taxpayer watchdogs are critical that not enough is being done to address looming debts.
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Headlines: Indiana
Pence signs two-year Indiana budget
Gov. Mike Pence on Wednesday signed into law Indiana's $30 billion, two-year state budget that keeps spending increases below the inflation rate and provides Hoosiers more than a billion dollars in tax cuts.
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Headlines: Nebraska
State budget debate begins but school aid compromise still stings
The chairman of the Appropriations Committee said it worked to fund the state's priorities and recognized the need to maintain a healthy rainy day fund, or cash reserve balance.
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Headlines: Pennsylvania
GOP bills would change Pennsylvania pensions
Gov. Tom Corbett described a stark choice: Without overhaul, he said, growing pension costs will crowd out funding for education, public safety and other government functions.
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Headlines: North Carolina
North Carolina Senate OKs hike in alternative investments for state pension fund
State Treasurer Janet Cowell, the pension fund's sole trustee, wants more flexibility on asset allocation.
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