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JBC votes to repeal FLEX program and transfer fund balance to General Fund

2119224 · January 15, 2025
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Summary

The Joint Budget Committee approved staff’s recommendation to repeal the Financial Literacy Exchange (FLEX) program and transfer the fund balance (about $601,625) to the General Fund; the motion carried 6–0 and staff were authorized to prepare legislation.

The Joint Budget Committee approved staff’s recommendation to repeal the Financial Literacy Exchange (FLEX) program (created by HB 22‑1389) and transfer the program’s cash‑fund balance to the General Fund at fiscal year end.

JBC staff Andrea Ewell explained the FLEX program was modeled on…

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