Lawmakers to decide by Dec. 8 on using 'rainy day' fund
BATON ROUGE - Ballots have gone out to state lawmakers, asking them to decide whether Louisiana should tap its "rainy day" fund to rebalance this year's budget.
Gov. Bobby Jindal is asking House and Senate members to use $28.2 million from the fund to help close a midyear deficit and keep public colleges from facing cuts.
To use the Budget Stabilization Fund, as it's officially known, requires support from two-thirds of lawmakers in both chambers.
Ballots are due by 5 p.m. on Dec. 8.
It's the last piece of Jindal's plan to address a $487 million deficit in this year's $25 billion budget.
Lawmakers already agreed to the rest of the governor's recommendations, though they acknowledged the rebalancing plan leaves hefty problems for Gov.-elect John Bel Edwards when he takes office in January.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
I-10 West closure due to jackknifed 18-wheeler on MSR Bridge
Livingston teachers call in 'sick' to highlight grievances over Phase 3 guidelines
Man shot multiple times in St. Gabriel
'Remy loved this game,' parents of fallen football player address teammates ahead...
Some swap cars for kayaks as roads flood in Livingston; Tropical Depression...
LSU changing the recruiting game with prospect led visits
LSU football returns Saturday with no tailgating, 25% capacity in Death Valley
What you need to know before you geaux to Tiger Stadium
Coach O Weekly Press Conference - Game 1 vs. MSU
Coach O speaks with media, says 'most' of team has had coronavirus