Students and senior citizens can expect financial perks under a budget deal announced by state leadership Tuesday.
The agreement would provide two years of free tuition for certain students of public colleges; create new college tax deductions; match college savings payments for low-income families and raise the amount of income excluded from taxes for retirees.
The benefits are included in a proposed $46.4 billion spending plan for the 12-month budget year that begins July 1.
Lawmakers' budget, outlined in a 280-page bill, was made available to the public late Tuesday afternoon, just minutes before panels of lawmakers in the Senate and Assembly gave it initial approval.