House to take up budget compromise Friday

Associated Press

BATON ROUGE, La. (AP) – Building blocks for a $24.7 billion budget compromise have easily cleared the House, paving the way for debate on the spending plans for next year. 

Lawmakers overwhelmingly Friday supported proposals to trim tax breaks for big box retailers, the film industry and the oil and gas industry. They also agreed to bills tweaking the budget process, to limit the use of patchwork funding for ongoing programs. And they backed a tax amnesty program. 

Those measures were sent to the Senate. 

House leaders are supporting an alternative to the proposal submitted by Gov. Bobby Jindal. 

The compromise would replace $500 million Jindal proposed in one-time financing with money from cutting tax breaks, reductions to state agencies and the anticipation of $200 million from the tax amnesty program.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

5/10/2013 11:10:20 AM (GMT -5:00)

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