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House delays bill changing Investment Advisory Committee appointments after heated floor debate
Summary
Lawmaker amendments to remove a PTA-appointed seat and shift appointment power drew strong debate; Representative Brown and others argued the change would remove financial expertise, and the House voted to 'circle' the bill (defer consideration).
Representative Grover presented substitute Senate Bill 147, an education-related cleanup bill that includes language affecting membership of the Investment Advisory Committee. The measure prompted extended floor debate about whether the statute should reference private organizations by name and whether a parent-organization-appointed member should remain on the committee.
Representative Powell and others asked for clarification of the language that would replace a PTA-appointed seat with an…
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