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Senate rejects amendment to strip Higher Education Trust Fund support for UVM center and housing pilot
Summary
An amendment to remove $12 million for a UVM multipurpose center and $600,000 for a Vermont State University housing pilot from the Higher Education Trust Fund failed on a 7-23 roll-call vote after senators debated the fund's purpose and a committee plan to repay the trust fund with cannabis excise revenues.
Senators voted down Thursday an amendment that would have removed two capital allocations from the Higher Education Trust Fund in H.951, the state's biennial appropriations bill.
Senator from Addison introduced the amendment and argued the trust fund was established as an endowment to provide perpetual scholarships. She said the fund's statutory purpose and oversight committee make it inappropriate to…
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