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Committee backs redirecting funds freed by UAMS/NCI payoff to food‑security reserve and two‑year GME startup
Summary
Sponsors said payments freeing the UAMS/NCI project would allow creation of a restricted reserve to address food insecurity and public‑health needs and to fund a two‑year startup of a graduate medical education program; committee approved SB479 as amended by voice vote.
Senate Bill 479, as amended, won committee approval after sponsors framed it as a re‑allocation of resources freed once the UAMS/NCI project is fully funded.
A sponsor told members that funds previously directed by the medical‑marijuana special‑privilege tax to support the NCI project could be redirected once that project is paid off. The committee was told the redirected funds would be placed into a newly created restricted reserve to address…
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