Advanced Disbursement

The Peabody Welfare Bill is moving through the Kentucky General Assembly. The abstract of HB 1 can be found on the Legislative Research Commission web site.

The one phrase you don’t see in the abstract is “advanced disbursement”. If you read the text of the bill you can find this term. What it means is that Peabody gets a huge chunk of taxpayer cash, before they do one thing, and with very little accountablility for how the money is spent.

The details of the bill are outlined by the Herald Leader.

And the guys in the Legislature wonder why no one trusts them.