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Sen. Phil Baruth proposes shifting windfall and cannabis excise revenue to fund UVM project and higher‑ed trust
Summary
Sen. Phil Baruth presented a compromise amendment that keeps $15 million for a UVM stadium, redirects about $3 million for student grants and housing design work, and uses a share of cannabis excise revenue to replenish the higher‑education trust fund over several years.
Sen. Phil Baruth told the Senate Education Committee he had drafted an amendment to the budget that would keep $15,000,000 available for a University of Vermont‑linked facility project while also using part of a one‑time windfall and a portion of cannabis excise revenues to bolster the state's higher‑education trust fund and to fund targeted grants and design work.
Baruth said the plan would hold the $15,000,000 figure but allocate $12,000,000 to the stadium project…
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