AEA Executive Secretary reveals plan for oil spill compensation

MONTGOMERY, AL (WBRC) - AEA Executive Secretary Paul Hubbert's revealed on Tuesday the AEA's strategy for helping the state recover education tax dollars it may lose because of the gulf oil spill.

Hubbert says economists from the University of Alabama and Auburn are working with an AEA tax attorney to prove how much in sales and income tax dollars the state lost because of the spill.

"I'm sure BP will be given the opportunity to pay for that cost to the state," says Dr. Hubbert. "But if they don't, I would assume the state would file litigation. If the state doesn't, I would assume we would join someone else in a lawsuit to recover some of the money that was due us."

State Superintendent Joe Morton says he has billed BP for lost tax revenue.

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