Protecting revenues devoted to the workforce education investment account.
First reading, referred to Ways & Means.
Summary
The bill establishes the Workforce Education Investment Account in the state treasury and directs all surcharge revenues to be deposited there. Money in the account can be spent only on higher‑education programs, operations, compensation, student aid and workforce‑development activities, and must supplement existing federal, state and local funding. It aims to protect these revenues and ensure they expand, rather than replace, current education funding.
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