Beebe signs lotto scholarships, spending bills - KAIT Jonesboro, AR - Region 8 News, weather, sports

Beebe signs lotto scholarships, spending bills

LITTLE ROCK, Ark. (AP) - Gov. Mike Beebe has signed into law legislation setting the amounts of lottery-funded scholarships and the state's $4.5 billion spending plan for the coming year. Beebe signed the measures Friday, a day after lawmakers recessed the first-ever fiscal session.

Under the new law, the state will begin awarding $5,000 scholarships to four-year schools and $2,500 scholarships to two-year schools using net lottery proceeds. Arkansas began selling lottery tickets in late September and is expected to raise $112 million in the first year for the scholarships.

The spending plan is laid out in the Revenue Stabilization Act, which sets spending priorities based on expected revenues. It restores most of the $206 million in budget cuts the state has made over the past year.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Parents react to cameras in classrooms

    Parents react to cameras in classrooms

    Tuesday, April 24 2018 12:00 AM EDT2018-04-24 04:00:06 GMT
    (Source: KARK)(Source: KARK)
    (Source: KARK)(Source: KARK)

    The topic of cameras in self-contained special education classrooms had lawmakers and parents debating at Monday's education committee meeting.

    The topic of cameras in self-contained special education classrooms had lawmakers and parents debating at Monday's education committee meeting.

  • Candlelight vigil to honor teen killed in weekend car wreck

    Candlelight vigil to honor teen killed in weekend car wreck

    Monday, April 23 2018 11:29 PM EDT2018-04-24 03:29:34 GMT

    Classmates, teachers and family gathered tonight in front of Riverside High school tonight for a vigil to honor Emmalei Utley, who was tragically killed in a car wreck.

    Classmates, teachers and family gathered tonight in front of Riverside High school tonight for a vigil to honor Emmalei Utley, who was tragically killed in a car wreck.

  • Friend calls shooting victim hero

    Friend calls shooting victim hero

    Monday, April 23 2018 11:24 PM EDT2018-04-24 03:24:41 GMT
    (Source: KAIT)(Source: KAIT)
    (Source: KAIT)(Source: KAIT)

    The friend of the man shot and killed during an incident outside Walmart in Trumann said the actions Robert Highfill took make him a hero in his eyes.

    The friend of the man shot and killed during an incident outside Walmart in Trumann said the actions Robert Highfill took make him a hero in his eyes.

Powered by Frankly