Plan Emerging for Legislature to Pay IOUs

Like a family with past due notices piling up at the door, the Texas Legislature has some current bills it needs to pay before it can plan the state's next two-year budget.

That’s where a supplemental budget comes in. It is literally a second budget added to the original one lawmakers approved in 2011. It’s not an unusual course for lawmakers to take to address lingering IOUs, but this year’s efforts are becoming more complicated and politically fraught than in the past.

For starters, lawmakers are planning at least three bills to address the state’s ...

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