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Senate committee hears bill to launch needs-based DREAM scholarship, debates lottery-reserve change and medical-school provision
Summary
A Senate higher-education committee heard House Bill 1413, which would create a needs-based DREAM scholarship (up to $3,000/year), revise lottery-reserve calculations to use expenditures rather than revenue, and add a medical-school service scholarship; the panel paused the bill for further review and scheduled follow-up discussion.
Chairman Burns opened the Higher Education Committee hearing and the bill author introduced House Bill 1413, a multi-section measure the sponsor said is intended to operationalize a DREAM scholarship and related higher-education provisions.
The author said Section 3 changes how the lottery reserve is calculated: "When you're keeping a reserve or an emergency fund, most people will tell you to keep three months personally. They'll tell you keep three months of your expenses, not three months of your income." Under the substitute, the reserve would be computed as an average of three years of lottery expenditures ("base lottery spend") rather than three years of revenue to keep the reserve stable if revenues fall.
Section 1 would create the DREAM scholarship, a need-based award for students at University System of Georgia…
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