House vetoes bill to keep TVA money in north Alabama

MONTGOMERY, Ala. (AP) - Gov. Bob Riley has vetoed a bill that
would have allowed counties in north Alabama served by the
Tennessee Valley Authority to keep money paid by the federally
owned utility in lieu of taxes.

The bill would have repealed a 30-year-old law that has allowed
5 percent of the money paid by TVA to be distributed to counties
that don't allow the sale of alcoholic beverages and are not served
by TVA.

The bill would have replaced the TVA money going to dry counties
with money from the state General Fund budget.

Riley said he vetoed the bill because it would have cost the
General Fund $6 million a year. He said during the current
recession the state can't afford to cut that much from the budget
that funds prisons, state troopers and other services.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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