House advances Houma lawmaker s proposal to make N.O. area parishes help pay levee debt
Melinda Deslatte
BATON ROUGE Lawmakers in the state House want New Orleans and four neighboring parishes to come up with a plan to help the state pay off a hefty debt to the federal government for upgrades made to the region s flood protection system after Hurricane Katrina.
The legislation pushed by Rep. Jerome Zee Zeringue, the Houma Republican who chairs the House budget committee, comes years after the deal was struck for the improvements. But the debt now is coming due, with the state on the hook for anywhere from $1 billion to $3 billion, depending on how long Louisiana takes to pay the federal government back the money owed.
Louisiana House wants parishes to help pay state levee debt
Lawmakers in the state House want New Orleans and four neighboring parishes to come up with a plan to help the state pay off a hefty debt to the federal government for upgrades made to the region’s flood protection system after Hurricane Katrina.
The legislation pushed by Rep. Jerome “Zee” Zeringue, the Houma Republican who chairs the House budget committee, comes years after the deal was struck for the improvements. But the debt now is coming due, with the state on the hook for anywhere from $1 billion to $3 billion, depending on how long Louisiana takes to pay the federal government back the money owed.
Louisiana House wants parishes to help pay state levee debt
MELINDA DESLATTE, Associated Press
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BATON ROUGE, La. (AP) Lawmakers in the state House want New Orleans and four neighboring parishes to come up with a plan to help the state pay off a hefty debt to the federal government for upgrades made to the region s flood protection system after Hurricane Katrina.
The legislation pushed by Rep. Jerome “Zee” Zeringue, the Houma Republican who chairs the House budget committee, comes years after the deal was struck for the improvements. But the debt now is coming due, with the state on the hook for anywhere from $1 billion to $3 billion, depending on how long Louisiana takes to pay the federal government back the money owed.
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