Committee rejects technical amendment swapping 'balance' for 'assets' in trust-transfer language
Representative Storey proposed replacing the term "balance of the trust account" with "assets" (and removing explicit references to realized/unrealized earnings) to clarify transfers into the new Game and Fish trust; the motion failed on a committee voice vote.
The full story
Representative Storey moved to amend draft language concerning how an existing trust account would be transferred into the new Game and Fish trust, proposing to replace the phrase "balance of the trust account" with "assets" and to remove explicit references to realized and unrealized investment earnings.
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