Committee bars quick‑action closing fund from being used for electric vehicle projects
Senate Bill 294 prohibits use of the quick action closing fund for electric‑vehicle projects. Sponsor argued the industry has required heavy subsidies and yielded poor outcomes in some cases; the committee passed the bill 6‑3.
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Senate Bill 294, which would prohibit the state’s quick action closing fund from being used to finance electric‑vehicle (EV) projects, advanced from committee after debate over the merits of targeting a single industry.
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