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Top News Links: Wednesday, May 13

House delays votes on bailout bills

The Alabama House of Representatives has delayed debate on a series of GOP-backed tax bills aimed at solving the state's General Fund shortfall. House leaders on Tuesday punted on a plan to debate the tax bills that have divided Republican legislators. – AP/Miami Herald

Gambling debated in Legislature

It wasn't exactly a pro v. con debate over gambling in a Senate committee Tuesday. While opponents of legislation sponsored by Senate President Pro Tem Del Marsh, R-Anniston focused on the problems that gambling could bring, supporters were less interested in discussing the merits of gambling than the need for their communities to have some kind of economic stimulus. – Montgomery Advertiser

Shelby committee takes on Fed

The Federal Reserve is once again in lawmakers’ cross-hairs, with the latest salvo coming from the influential head of the Senate Banking Committee. Alabama Republican Richard Shelby unveiled a proposal Tuesday that would not only increase congressional oversight of the nation’s central bank, but also shift the balance of power within the Fed. – Washington Post

Payday loan interest rate bill stalls

A bill to cap the interest rates on payday loans was carried over Tuesday after a brief debate in the House of Representatives. The legislation, sponsored by Rep. Danny Garrett, R-Trussville, would extend the repayment period on payday loans from 14 days to six months. – Montgomery Advertiser

Mobile County pays $1M to lure FedEx

Mobile County is set to give $1 million to a private developer to lure a FedEx Ground to an industrial park in Theodore. The Mobile County Commission approved the decision, which may bring 100 jobs to the area, in a unanimous vote on Monday. – AL.com

Restaurant security system sprays DNA on robbers

A Subway restaurant in Tennessee is adding a new condiment for burglars — synthetic DNA. The fast food location on Sutherland Ave. in Knoxville, Tennessee is the first franchise to use a new security system that will spray suspects with a chemical as they exit the eatery after a robbery. – NY Daily News

Conversation with a cattleman

F. Scott Fitzgerald, that great American novelist, wrote, “There are no second acts in American life." He was wrong. Max Bozeman served on the Cattlemen's Beef Board (CBB) from 2008 through 2010 before taking some time off. He's been invited back, re-appointed to a real life second act by Secretary of Agriculture Thomas Vilsack. – Cattle Network

Volvo wants a piece of SUV pie

The company responsible for a 40-ton big-rig that stops itself on a dime is building a $500 million assembly plant in South Carolina. It'll be Volvo's first-ever US assembly operation, sitting right in the backyards of its luxury rivals, BMW – which has a plant in Spartanburg, SC – and Mercedes-Benz, which builds its wildly popular SUVs in Alabama. – Business Insider

Alabama among states cutting higher ed funds

Since the recession, tuition has skyrocketed at public universities across the country. Alabama’s not in the Top 5 in that list, but it did take the fourth spot for states that have slashed higher education funding the most since 2008. Those states are Arizona (47%), Louisiana (42%), South Carolina (37.9%), Alabama (36.6%) and Pennsylvania (35.8%). – FoxCT.com

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