State legislature wrapping up budget talksBy Jeffrey Hess | Published 01 Apr 2013 11:42am |
Mississippi lawmakers are in the process of finalizing state borrowing and spending.
Both chambers are passing the few remaining appropriations bills left on the calendar.
So far, lawmakers in the house have not revisited the state's Medicaid budget. Democratic representatives defeated the Medicaid spending bill Sunday night in an effort to force a vote on expanding Medicaid. The deadline to vote on that bill is Tuesday.
Both chambers have passed a bond bill, which enables the state to borrow money for various projects. The bill includes $96 million for projects at the state's eight public colleges and universities and $25 million for community colleges. It also includes $3 million dollars for the construction of a Grammy Music Museum. In total the state is borrowing around $200 million dollars. However, the chair of the Senate finance committee also says that the state has paid off or deactivated more than $700 million dollars in the past two years.
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