LOS ANGELES -- Montana law-makers concluded a special session Saturday by approving revenue-raising measures and spending cuts to close a $100 million budget shortfall, paving the way for a state note sale in September.

Gov. Stan Stephens called the special session, which began July 6, to address the gap in Montana's fiscal 1992-93 biennial budget. Lower than expected income tax revenue, combined with investment earnings sapped by low interest rates, helped generate the shortfall.

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