Jindal veto threat puts $282M for Louisiana colleges at risk
BATON ROUGE - Louisiana's public colleges could face a budget cut of $282 million if Gov. Bobby Jindal carries through on a threat to veto some tax changes lawmakers proposed to balance next year's spending plans.
That's according to Rep. Chris Broadwater, a Hammond Republican, who circulated that information Wednesday to House members, along with a list of how cuts would hit individual campuses.
Jindal is threatening to veto certain tax bills he considers a net tax increase, unless lawmakers find a way to offset them with what he considers a tax cut.
The Senate has agreed to create a tax credit - only on paper - that would satisfy Jindal's terms. But so far, House members have balked, calling the idea a sham.
The legislative session must end Thursday by 6 p.m.