Lawmakers: Tax exemptions to be examined in upcoming session

Lawmakers who closed a $304 million mid-year budget deficit are already looking ahead to April, when the Legislature will look for revenue sources to help remedy the state’s consistently dire financial picture. After pulling $99 million from the state’s rainy day fund and filling the remaining gap with cuts, including $40 million cut primarily from healthcare administration, the looming task is now to prevent these budget deficits from reoccurring.