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UPDATED 6:50 p.m. to add link to conference committee's preliminary report.

Democrats took a key step to enact Gov. Jerry Brown's deficit-closing plan Thursday, including the elimination of redevelopment agencies.

Final decisions enacted by the two-house budget conference committee sets up floor votes in the Assembly and Senate next week, likely Wednesday.

Brown has set next Thursday as a deadline for approval of the package that includes the still-unresolved issue of asking voters to extend 2009 tax increases to income, sales and vehicles.

Click here to read the preliminary report from the conference committee. The pdf file is 22 pages long.


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