CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header
CBS DFW WEATHER APP: iPhone App Store | Android App Coming Soon | More Information

Local

State Lawmakers Hear About Debt & Crime Fund

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

From Our CBS Music Web Sites

454116976 State Lawmakers Hear About Debt & Crime FundKe$sha's Scandalous Pre-VMA Selfie

452359772 10 State Lawmakers Hear About Debt & Crime FundBikini Model Pictures

 alt=New Survivor Cast Photos

453947324 State Lawmakers Hear About Debt & Crime FundIce Bucket Challenge Fail

 alt=Musicians Then And Now

cowb thumb State Lawmakers Hear About Debt & Crime FundCowboys Cheerleaders

AUSTIN (AP) - Texas lawmakers are planning to hear testimony about the state’s debt burden and problems with the crime victim’s fund.

The House Ways and Means Committee wants to learn more about the state’s debt could impact state finances. By law, Texas must balance its two-year operating budget, but the Legislature does allow state agencies to issue bonds for large projects.

State officials and experts are expected to tell the House Criminal Justice Committee on Monday that the victim’s fund created in 1979 is expected to run out of money in 2013. Lawmakers are looking for ways to maintain the fund, which pays victims for costs not covered by insurance or restitution.

Texas lawmakers had to cut $15 billion in state spending in 2011 and expect to face another shortfall in 2013.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Also Check Out:

View Comments