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Senate rejects $5 million state contribution to private homelessness endowment
Summary
A proposal to provide a $5 million one-time general-fund seed for a private endowment supporting 28 homelessness agencies failed after senators questioned priorities, oversight and whether current needs should take precedence over an endowment.
Senators debated and then rejected a bill that would have authorized a $5 million one-time general-fund payment to a private endowment for homelessness services. Senator Suazo, sponsor of Senate Bill 271, described the proposal as a long-term investment: “This is a concept … to create an endowment that would serve in perpetuity the 28 agencies who now serve the homeless,” and said private…
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