Alabama Gov. Robert Bentley signs a compromise bill to use the state's oil spill settlement funds for debts, Medicaid and roads.
The Alabama Legislature gave final approval to the bill last night after lawmakers agreed to a compromise on how to use the money.
The plan sends $400 million to repay money borrowed during past budget shortfalls. It will also steer $120 million to the state's Medicaid program and $120 million to build roads in two coastal counties.
The state is receiving the money to compensate for economic damages incurred statewide from the 2010 oil spill in the Gulf of Mexico. The disaster was the largest offshore oil spill in U.S. history.