State revenues increased 6.9% in the fourth quarter of 2010, capping a full year of revenue growth and easing concerns that states should be able to file for bankruptcy protection, according to officials at the Nelson A. Rockefeller Institute of Government, which issued a report Tuesday.

Personal income tax and sales tax receipts, the two largest sources of revenue for states, jumped in the fourth quarter, gaining 10.7% and 6.0% respectively from the year-earlier period, according to the report.

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