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Committee defers Fortify Coastal Homes Fund bill after members raise cost and implementation questions
Summary
Lawmakers voluntarily deferred House Bill 6 63, which would deposit 5% of coastal‑zone sales tax receipts for two months after a named disaster into a fund to subsidize fortified roofs in the coastal zone, capped at $60 million. Members expressed concerns about appropriations timing, the cap size and potential impacts on other budget priorities.
The House Appropriations Committee voluntarily deferred House Bill 6 63 after an extended discussion about whether and how to use a post‑disaster slice of coastal sales tax revenue to fund a Fortify Coastal Homes Fund.
Sponsor Rep. Furman said the bill would establish a special fund to retrofit roofs in the coastal zone and described a mechanism that deposits 5% of sales tax revenue collected in the coastal zone during the two full months after a disaster into the fund, capped at $60 million when the amount exceeds…
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