Haslam Signs $33.8 Billion State Budget

Gov. Bill Haslam

Gov. Bill Haslam

Republican Gov. Bill Haslam has signed Tennessee’s $33.8 billion annual budget plan into law.
Haslam spokesman David Smith said the governor signed the appropriations legislation this week that establishes spending priorities for the spending year that starts July 1.
The plan does not include the first installment of a $2.8 billion plan to extend health insurance to 280,000 low-income Tennesseans. Haslam’s Insure Tennessee proposal would have had state hospitals cover the $74 million state share to draw down the money, but fellow Republicans in the Legislature twice rejected efforts to allow the governor to proceed with the deal.
The budget does include about $166 million in economic incentives for the Volkswagen plant in Chattanooga.