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Finance, Revenue and Bonding committee advances bonding, energy and revenue bills; capital-gains amendment passes
Summary
The committee voted to send major bonding, energy and revenue measures toward the floor after hours of debate. Lawmakers debated GO bond priorities, an energy-cost bill and a temporary capital‑gains surcharge; the surcharge amendment passed on a roll call.
The Finance, Revenue and Bonding Committee met May 20 and advanced a package of high-profile measures to the legislative floor, including the joint favorably recommended bond package, a broad energy bill and a two‑year revenue plan that was amended with a temporary capital‑gains surcharge.
The committee’s bond subcommittee chairs described a bipartisan process that included hearings with more than 30 state agencies and produced a bond package that the subcommittee said targets public safety, aging‑in‑place housing improvements, brownfield remediation, increased town aid road funding, special‑education capital needs and multifamily retrofits in environmental‑justice communities. Representative Napoli, co‑chair of the bonding subcommittee, and Senator Miller, the senate co‑chair, presented the bill and answered member questions.
Lawmakers also debated a comprehensive energy and…
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