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Minutes for SB309 - Committee on Ways and Means

Short Title

Creating the fixing instant revenue shock for taxpayers fund and the local extraordinary needs fund, establishing the joint committee on local extraordinary needs grants and abolishing the local ad valorem tax reduction fund.

Minutes Content for Thu, Mar 23, 2023

Chairperson Billinger called for final action on SB 309.

David Wiese, Office of the Revisor of Statutes, provided a brief review of the bill.

Senator Masterson distributed a balloon amendment and discussed the proposed changes.  (Attachment 1)

Senator Masterson moved, Senator Alley seconded, adoption of the balloon amendment. Motion carried.

Senator Masterson moved, Senator Claeys seconded, to recommend SB 309, as amended, favorably for passage. Motion carried. Senator McGinn is recorded as passing and Senator Pettey is recorded as voting no.