Posted: Apr 10, 2013 8:36 PM by Marnee Banks - MTN News
HELENA - If the Montana Legislature passes all the bills that are still alive, it will have completely blown through the state's surplus and even taken the balance into the red.
A legislative report issued Wednesday shows the actions of the Legislature thus far will result in a $60 million deficit by the end of 2015.
As a result of that report,lawmakers are busy trying to put the budget back in order.
On Wednesday, the Senate Finance and Claims committee killed Governor Steve Bullock's JOBS bill which spent $100 million constructing 11 state buildings across Montana.
Originally this was intended to be a paid for by selling state bonds, but the House turned it into a cash program.
Now, lawmakers are talking about trying to revive the bonding bill which died on the House floor.
Also on Wednesday, the House Education committee took $80 million dollars out of the major K - 12 education funding bill.
The bill was widely supported by the education community, Democrats and a handful of Republicans.
It passed out of the Senate, but now the House has decided the state doesn't have the money to pay for it.