State lawmakers have again failed to agree on a plan for spending part of Mississippi's compensation from 2010 Deepwater Horizon oil spill. Photo by Arielle Dreher.
JACKSON, Miss. (AP) — State lawmakers have again failed to agree on a plan for spending part of Mississippi's compensation from 2010 Deepwater Horizon oil spill.
House and Senate negotiators did not agree on a plan for how to distribute the $750 million in economic damages before a Monday night deadline.
The failure likely means money already collected will stay banked for another year.
The Senate, led by Lt. Gov. Tate Reeves, proposed to move the money into a special account and let lawmakers decide on spending later.
House members wanted to put most money into a fund that would be controlled by appointed trustees, not lawmakers.
In talks Monday, some House members were backing a proposal to spend some of the money on special projects in areas away from the Gulf Coast.
Copyright Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
More like this story
Support our reporting -- Follow the MFP.
