Representative Evans presses sponsor for data after proposed HOPE reserve increase
A needs-based scholarship and HOPE-reserve change drew pushback in Rules when Representative Evans asked for data supporting a proposal to raise the shortfall reserve trigger from 50% to 100% when reserves exceed $2 billion; the sponsor said the change was requested by the governor's office and that supporting data exists but was not presented in Rules.
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During the Rules Committee’s crossover briefing, Speaker 26 presented legislation that would create a needs-based scholarship program and adjust related HOPE-reserve language. The bill would change the shortfall lottery reserve calculation from 50% to 100% of average net proceeds when reserves exceed $2 billion, sponsor said.
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