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Representative Evans presses sponsor for data after proposed HOPE reserve increase
Summary
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.
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,…
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