Senators refuse to restrict use of coastal fund

Font size

Posted: May 27, 2014 6:06 PM
Source: Associated Press

  Rating: 1.0 (1 vote)

Topics: coastal fund, senate, restoration, louisiana

BATON ROUGE - A House-approved bill to limit the use of Louisiana's coastal protection fund has stalled in the Senate.

Senators on the Finance Committee voted 6-2 Tuesday against the proposal by Republican Rep. Brett Geymann, of Lake Charles.

Gov. Bobby Jindal has used the fund as a way to circumvent restrictions on surplus dollars and other patchwork funds.

He has moved restricted cash into the protection fund to meet a requirement that the money be used on one-time projects. Then, he takes a similar amount from the fund to plug into the state's operating budget.

Critics say the transfers undermine the purpose of the fund and threaten to siphon off dollars intended for coastal restoration work in the future.

comments powered by Disqus

Most Popular