Lawmakers oppose use of coal severance dollars to balance budget

Tom Loftus with the Courier-Journal has an article this morning saying many in the House and Senate have lined up in opposition to Gov. Steve Beshear‘s plan to use $17.4 million in expected coal severance tax dollars to help balance the state’s budget. 

Among those opposing the plan are House Speaker Jody Richards, Rep. Greg Stumbo, who is challenging Richards for the top House leadership post and heads of the House and Senate budget committees. 

The state is collecting more in coal severance tax this year thanks to a coal mining boom, and Beshear has proposed using that unanticipated boost to help close the budget gap. 

Beshear spokesman Jay Blanton told Loftus that the governor is open to changes in his proposal.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: