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Finance, Revenue and Bonding panel advances substitute for Senate Bill 12 amid objections over $50 million bond and school-grant housing condition
Summary
The committee voted to send Substitute for Senate Bill 12 to the floor after brief debate focused on a $50 million new bonding authorization and a provision tying school building grant increases to local affordable housing goals; several members objected and voted no.
The Finance, Revenue and Bonding Committee voted to send Substitute for Senate Bill 12 to the floor after a roll-call vote following brief debate over a $50 million bonding authorization and a condition linking school building grants to local affordable housing levels.
Madam Chair opened the item and Senator Fonfera moved the bill to the floor; Senator Compereira seconded the motion. Representative John Piscopo, speaking remotely, said he opposed the $50,000,000 in new bonding in section 3 and that the state already had substantial bonding…
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