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2002 SESSION

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HB 650 Education and Economic Development Trust Fund created.

Introduced by: Allen W. Dudley | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Education and Economic Development Trust Fund. Establishes the Education and Economic Development Trust Fund to support interest rate subsidy loans through the Department of Education, and to fund or assist in funding capital costs for certain projects of educational institutions and other economic development projects. The Trust Fund would be funded by 40 percent of the state's allocation under the Master Settlement Agreement.


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