NASHVILLE, Tenn. (WTW) - A panel of Republican and Democratic lawmakers reached an agreement late Friday that will restore funding for key projects in Gov. Bill Haslam's more than $31 billion spending plan.

Members of the House and Senate held a conference committee to work out their differences.

Earlier Friday, the Senate on a 32-1 vote passed a version of the plan that made nearly $60 million in cuts to a number of programs and projects. The House approved its version the day before on a 66-30 vote.

The two chambers were trying to reconcile differences on projects before the measure could head for Haslam's signature.

The Senate proposal would have cut more than $12 million to the Memphis Regional Megasite, which Haslam had said was a bad idea. Other large cuts included $4 million in funding to the University of Memphis at Lambuth, $1 million for the Radnor Lake land acquisition, and $300,000 for the National Civil Rights Museum.

The conference committee basically nullified the Senate plan and restored funding to those programs and projects, and others.