Bill to create debt-reducing fund advances

By D.B. Narveson

BATON ROUGE — A bill creating a fund to help pay down state retirement and bond debts and refill the rainy day fund was passed through the House Appropriations Committee.

Rep. Beryl Amedee, R-Houma, who has already created a GoFundMe crowd-sourcing campaign to help pay for Louisiana’s deficit, said her bill would create a fund into which Louisianans, and anyone else who feels charitable, could donate money into pay down about $20 million in those two areas.

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