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Committee narrowly advances amended Prairie Dog fund grants to pay eligible debt; sends SB 2323 to appropriations
Summary
The Finance and Taxation Committee approved an amendment and recommended a due pass on Senate Bill 2323 by a 7-6 vote with one member absent. The amendment shortens the program from six bienniums to two, increases the annual grant to $25 million (about $50 million total) and adds guardrails limiting use to qualifying debt and requiring reporting.
The House Finance and Taxation Committee voted 7‑6, with one member absent, to recommend a due pass on Senate Bill 2323 as amended and re‑refer the measure to the Appropriations Committee. The amendment reduced the original six‑biennium schedule to two bienniums and raised the annual grant amount from $20 million to $25 million, effectively allocating $50 million over two bienniums for the program.
Committee members debated whether the change was an appropriate use of the remaining 1% gross production tax allocation and whether the measure unfairly diverts funds from non‑oil producing cities and counties. Representative Porter criticized the proposal’s impact on non‑oil communities and cited local government…
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