The Iowa Legislature has approved a $41 million compromise economic development budget.
The House and Senate both easily approved the plan Wednesday. It funds the Department of Cultural Affairs, Iowa Workforce Development, the Iowa Economic Development Authority, the Iowa Finance Authority and the Public Employment Relations Board.
The budget is $31 million under what Republican Gov. Terry Branstad proposed. That's because leadership has decided to move some budget items into a different fund paid by gaming revenue.
To read the original article: Iowa lawmakers approve economic development budget - Businessweek
