LITTLE ROCK, Arkansas — Arkansas lawmakers are preparing to wrap up this year's fiscal session with final votes on a proposed $5 billion budget for the coming year.
The House and Senate plans to vote Wednesday on identical versions of the budget bill, formally known as the proposed Revenue Stabilization Act, before recessing the session. The bills easily won initial approval in both chambers on Tuesday.
The legislation calls for a $108 million increase in state spending in the budget year that begins July 1, with $65 million of that increase going toward the state's public schools.
The budget was the last major piece of business for lawmakers during a session that had focused primarily on the state's compromise Medicaid expansion.
The Legislature is expected to formally adjourn the session next week.