Florida Weighs $1 Billion or More Interim Bill to BP
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Florida may send BP Plc a claim for more than $1 billion to close a budget gap after the largest U.S. oil spill slashed tax receipts from tourism.
Steve Yerrid, a Tampa lawyer chosen by Florida Governor Charlie Crist to advise him on legal issues concerning the spill, said the state may seek an initial payment in the “lower range” of billions of dollars to make up for lost tax revenue.