DOVER, Del. (AP) - A nonprofit group is suing Delaware officials over the use of bank settlement money to help balance the state budget.
The Delaware Community Reinvestment Action Council filed the lawsuit Monday, several months after asking federal officials to oversee distribution of Bank of America settlement funds.
Defendants in the lawsuit are Gov. Jack Markell, the state treasurer, and the legislature's controller general.
Markell's office did not immediately respond to an email seeking comment.
Lawmakers used about $31 million in various financial settlement funds to balance this year's budget and are considering using another $30 million in settlement funds to help balance next year's budget.
The BOA settlement money was intended primarily to provide housing-related restitution or remediation related to bank misconduct leading up to the 2008 financial crisis.
