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House debates multiple amendments to state‑investment bill; proposals to create next‑generation account fail
Summary
House members considered several second‑reading amendments to Senate File 191 (state funds and investment rules), including proposals to fund local mineral‑royalty grants, add investment‑division staff, and create a new Next‑Generation Account funded from the LSRA. The amendments were not adopted.
Members discussed a range of amendments to Senate File 191, a bill concerning state funds, proxy voting and investment matters. Representative Larson JT moved an amendment to authorize Mineral Royalty Grant (MRG) funding for local infrastructure projects; he and other supporters argued the program provides critical help to small communities. That amendment required an appropriation and failed on a roll call (17…
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