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The conference committee has a compromise spending plan for the proceeds from the proposed sale of MOHELA assets. KSMU's Missy Shelton reports.
The conference committee, consisting of House and Senate members will present lawmakers with a compromise plan that appropriates more than 477 million dollars that the state expects to receive following the sale of some MOHELA assets.
MOHELA is the state's student loan authority.
The bill reflects a compromise...Lawmakers in both chambers generally agreed on the allocating the majority of the funds to universities for capitol projects.
But the House Budget Chairman, Allen Icet says the House insisted on using some of the MOHELA money for paying down debt while the Senate insisted on using part of the proceeds for healthcare.
Some democrats on the conference committee reiterated their concerns about the legality of using MOHELA proceeds for anything other than the forgiveness of student loans.
Representative Paul LeVota is the Assistant Democratic Floor Leader in the House. He did not sign off on the conference committee's compromise.
Under the proposal, which still needs House and Senate approval, Missouri State University would get just under 30 million dollars for renovation projects. The university would also get 5 million dollars for the Jordan Valley Innovation Center...That's two million dollars less than earlier versions of the bill.
The bill also divides more than 9 million dollars between the Jordan Valley Community Health Center in Springfield, the Missouri Ozarks Health Center in Ava, and the Southern Missouri Community Health Center in West Plains.