Jefferson County lawmakers to revisit compromise
BIRMINGHAM, Ala. (AP) — A group of state lawmakers will meet Monday to try to hammer out a compromise bill to address Jefferson County's rapidly worsening financial crisis.
In November, the county filed the largest government bankruptcy case in U.S. history and is fast spending its cash reserves. The Alabama Supreme Court killed an occupational tax that generated about $66 million a year for the county, sending its general fund into collapse.
A new revenue source must be approved by the state Legislature, which now has a maximum of nine meeting days left in its current session, which ends by May 21.
The Birmingham News reports (http://bit.ly/JoY8KK ) Republican state Rep. Paul DeMarco of Homewood says he believes a consensus can be reached.