BP Settelement money

The Associated Press

Although it's unclear how much money Alabama may gain from the BP settlement, state lawmakers are making plans on how to use it.

A proposal passed Wednesday to allow the full Senate to debate using funds from BP oil spill lawsuits to repay the Alabama Trust Fund.

The Senate Committee for Finance and Taxation-General Fund voted 7-1 in favor of the measure. If passed, the measure would restore financing to the Rainy Day Fund.