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Rainy Day Fund Legislation Advances in La. House

WWNO - New Orleans Public Radio | By The Associated Press
Published June 1, 2012 at 11:25 AM CDT

BATON ROUGE — The Louisiana House will take up a proposal to use $205 million from the state's "rainy day" fund to offset a deficit in this year's budget. The House Appropriations Committee voted yesterday to tap into the Budget Stabilization Fund. The move is overwhelmingly backed by the Senate. A bloc of conservative House Republicans voted against using the money. 
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News Baton Rougestate budgetrainy day fundpoliticsstate legislature
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