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Committee amends and advances bill to raise Hathaway award amounts
Summary
After testimony and fiscal review, the Joint Education Committee amended and approved a bill to increase Hathaway award amounts. Lawmakers adopted a conservative amendment to lower the increase before passing sponsorship 12‑1; staff will produce formal fiscal estimates.
The Joint Education Committee voted Nov. 13 to sponsor amended legislation that raises Hathaway Scholarship award amounts after hearing student testimony and fiscal analysis.
LSO presented the draft increases (honors to $5,360; performance to $4,020; opportunity and provisional opportunity to $2,680) and noted an effective date of July 1, 2026. Matt Hill reviewed historical investment returns and said realized capital gains plus interest…
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