Committee advances state risk management fund, asks Ways and Means for spreadsheet and ceiling review
Committee adopted amendments to SB 29-30, blanked the dollar amount, and instructed that Ways and Means review the statutory ceiling (committee cited a $211,000,000 figure) and receive a spreadsheet as a condition before further advancement.
The full story
The committee adopted an amended version of SB 29-30, which governs the state risk management revolving fund, agreeing to remove a specific amount from the bill and to include committee-report language asking Ways and Means to consider raising the statutory ceiling. Members noted the current ceiling figure cited in committee discussion was $211,000,000 and required delivery of a detailed spreadsheet to Ways and Means as a condition precedent to progressing the measure.
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