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Committee debates use of unclaimed property trust fund for adult dental benefit; no decision reached
Summary
Committee members raised concerns about using the Unclaimed Property Trust Fund to pay an expanded adult dental benefit, citing potential long-term pressure on the fund and difficulty reversing the change; staff provided reserve and balance information but the committee did not reach consensus.
Members of the Joint Budget Committee debated whether to continue using the Unclaimed Property Trust Fund to pay an expanded adult dental benefit or to shift the cost to the general fund. Committee members raised concerns about the fund's purpose, the size of the dental benefit relative to annual interest, and the political and fiscal difficulty of reversing any change in a future budget year.
Several committee members said they were uneasy that multiple bills this session are proposing to draw from the same trust fund and that it…
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