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Committee hears public comment on bill to let treasurer invest up to 5% in precious metals and digital assets
Summary
During a public hearing on House Bill 302, Representative Olney introduced legislation to permit the state treasurer to invest up to 5% of public funds in precious metals and digital assets. Testimony emphasized the volatility of such assets and recommended the treasurer be present for a committee work session scheduled April 1.
Representative Olney introduced House Bill 302 to the House Ways and Means Committee, saying the measure would enable the state treasurer to invest in precious metals and digital assets going forward.
Susan Almey, speaking as a citizen from Lebanon, urged the committee to kill the bill or at least hear from the…
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