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GovOps advances interest-payment and governor’s recovery fund bill with rules oversight
Summary
House Bill 6003, which creates an interest-payment fund to help local governments and a governor’s response recovery fund, received a positive recommendation from the House Government Operations Committee and will proceed to Finance, Ways and Means after members focused the hearing on rulemaking details.
The House Government Operations Committee voted to send House Bill 6003 to the Finance, Ways and Means Committee after a rules-focused hearing where sponsors described the fund’s purpose and members confirmed that any implementing rules will follow the standard review process.
Representative Hicks, the sponsor, said the bill would create an interest-payment fund to help local governments cover loan interest (cited in sponsor remarks at the hearing) and a governor’s response recovery fund to offer flexible resources for future…
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