Alabama Special Session
Alabama Gov. Robert Bentley (R) on Thursday called for a special session of the Alabama Legislature to begin July 13. Lawmakers adjourned on June 4 without passing a budget for the General Fund, which provides for most state government functions besides education.
The fund is poised to miss its mark by at least $200 million in the coming fiscal year, and new taxes supported by the governor to address this hole failed to secure the legislature’s approval during the regular session. The legislature previously passed a reduced budget which Bentley vetoed. One possible source of revenue is the $2.3 billion Deepwater Horizon settlement from BP that the state accepted last week, $1 billion of which will go to General Fund over the next 18 years. The governor’s full press release can be read here.