re: John Bel Edwards is suing to use unclaimed funds

quote:

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what i'm saying is that if unclaimed property is supposed to be this untouchable escrow-type thing solely to be held for rightful owners to reclaim, their funding probably shouldn't come from that money either. it should come from the main pool, like most agencies.

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In a perfect world, yes. However I do see why the Treasurer's office would take some for operations. That's generally how they operate as they get zero general funds.

They would argue it's because as an elected official they don't want to be too beholden to the governor and/or legislature to threaten to take their budget. I generally don't buy that argument, but I have to acknowledge that there is at least something there.

I am OK with him getting an amount to administer the program but that amount could be left up to the legislature to set rather than put it in the constitution.