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Senate adopts conference report on H.494, adjusts housing allocations and cash/bonding approach
Summary
The Vermont Senate accepted the committee on conference report for H.494, the capital construction bill, after debate over bond limits, cash versus bonding, statewide maintenance funding and housing project allocations; members requested a Joint Fiscal Office report on cash vs. bond funding.
The Vermont Senate accepted and adopted the committee on conference report on H.494, the capital construction bill, after senators debated bond limits, the shift between cash and bonding, and how housing allocations are structured.
Senator from Windham summarized the conference changes in detail, saying the bond limit rose compared with earlier committee recommendations because of a bond premium and reallocations. The senator said statewide major maintenance was cut by $645,000 and that reduction is balanced by increased cash…
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