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Committee backs Senate Bill 2265 to allow a $3 million line of credit for state veterans projects
Summary
The Government and Veterans Affairs Committee voted 10-4 to recommend Senate Bill 2265, which would authorize a $3 million deficiency line of credit for Department of Veterans Affairs projects meeting U.S. Department of Veterans Affairs oversight requirements.
Senate Bill 2265, which would authorize a deficiency line of credit of up to $3,000,000 for projects of the Department of Veterans Affairs that meet specified U.S. Department of Veterans Affairs planning and oversight criteria, received a favorable committee recommendation. The Government and Veterans Affairs Committee approved a motion for a due-pass recommendation on the bill, 10-4.
The bill would allow the Department of Veterans Affairs to access a contingency line of credit during the 2025–2027 biennium, and if the line is used the department…
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