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Committee adopts substitute to let EDA join federal tax-credit scholarship program
Summary
Committee counsel said a substitute to Senate Bill 644 would let the Economic Development Authority participate in an existing federal tax-credit scholarship program and grant EDA rulemaking authority; the committee adopted the substitute and reported the measure to the full Senate with a do-pass recommendation by voice vote.
Committee counsel told lawmakers that the short title of Senate Bill 644 would authorize the Economic Development Authority (EDA) to participate in a federal tax-credit scholarship program established under a cited federal law. Counsel said the change would allow the EDA to approve scholarships for tax exemption and would grant the EDA rulemaking authority related to that approval process.
The committee adopted the committee substitute and, on a subsequent motion by the vice chair, voted to report the substitute to the full Senate with a recommendation that it pass. The actions were taken by voice vote; the transcript records the chair's announcements but does not include a roll-call tally.
