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Lawmakers to decide on budget surplus

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Posted: Dec 26, 2013 11:44 AM
Updated: Dec 26, 2013 11:44 AM
Source: Associated Press

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Topics: lawmakers, legislature, budget, surplus, tax, amnesty, revenue

BATON ROUGE - State lawmakers will be in an unfamiliar position of deciding what to do with a surplus of as much as $300 million.

It comes after years of having to cut the budget. The surplus is from better than projected tax revenue and a tax amnesty program that collected more than expected.

The extra money will see some battles over how to spend it. The state has a list of needs waiting for some cash.

Some want to use it for building long-delayed road projects. Others are in favor of helping out the state's colleges and universties following year after year of cuts.

Another idea is to replenish the state's "Rainy Day Fund".

Final decisions on how the money will be spent will come in the 2014 legislative session, beginning in March.

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