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Controversial community‑reinvestment bill advances after debate over oversight and eligibility
Summary
Lawmakers debated accountability and conflicts‑of‑interest in the Community Reinvestment Program during Appropriations; some oversight amendments passed while others were rejected and the committee reported the bill by roll call.
The Appropriations Committee spent part of its Feb. 20 session on substitute House Bill 2523, a measure to institutionalize and fund the Community Reinvestment Program. Lawmakers focused on program structure, conflict‑of‑interest rules and audit/oversight mechanisms after public and press reports raised questions about prior grant administration.
Representative Ryu moved one amendment (WALE…
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