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Conference committee keeps $2 million cash in capital bill, directs use for public infrastructure
Summary
A Senate–House conference committee on Institutions agreed May 7 to keep $2,000,000 in cash in the capital bill for housing-related public infrastructure, rather than leaving the funding as bonded dollars, and to restore cash to fully fund the White River Junction courthouse so the committee’s cash balance remains $8,000,000.
A Senate–House conference committee on Institutions agreed May 7 to keep $2,000,000 in cash in the capital bill for housing-related public infrastructure, rather than leaving the funding as bonded dollars, and to restore cash to fully fund the White River Junction courthouse so the committee’s cash balance remains $8,000,000.
Committee member (Speaker 1) told colleagues the item originally arrived as bonded dollars and the committee wanted to avoid “opening this up on the capital bill,” saying, “When this came to us, it was bonded dollars. It was not cash.” The member said the panel instead moved some cash into the general fund through appropriations to limit capital-bill exposure to outside projects.
Why it matters: committee members said shifting the package to cash…
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