A panel of House and Senate members is resuming discussions to try to reach a compromise on the state budget as time runs out on the fiscal year.
The conference committee was scheduled to meet Monday morning. The House and Senate have been in a stalemate over a $40 million difference in their $6.7 billion spending plans.
The House insists on giving small business owners a $60 million tax break by reducing their income tax rate. The Senate has offered to phase in the rate cut over three years, giving a $20 million break in the fiscal year that starts July 1.
The House has passed a resolution to continue funding government at current levels if there's no new budget by Sunday. The Senate could take that up later Monday.
