Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate hears SB171 to direct excess budget reserves into coal trust; fiscal staff says near-term yields unlikely
Senate Finance and Claims · January 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
SB171 would deposit a share of excess budget reserves into the coal severance trust. Sponsor framed it as a modest savings policy; fiscal staff said the bill is unlikely to produce significant funds under current projections.
Senator Fern told the committee Senate Bill 171 would direct a portion of excess budget reserves into the coal severance trust as a way to save in surplus years. "The proposal is to take 10% of excess revenue and place it into the funds," he said, framing it as…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
