• Home
  • News
    • Business
    • Crime / Courts
    • Health / Medicine
    • Legislature
    • Politics / Govt
  • Sports
    • High School Sports
    • The Bill Pollock Show
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Missourinet

Your source for Missouri News and Sports

You are here: Home / Education / House Gives First-Round Approval to MOHELA Bill

House Gives First-Round Approval to MOHELA Bill

April 25, 2006 By admin Leave a Comment

Some heated debate. Some harsh words. But, in the end, a strong first-round vote is given the plan to spend $450 million that might be coming the state’s way through the sell of assets from the state student loan agency. Democrat after Democrat take to the House floor to criticize Governor Blunt’s plans to use money from the sale of Missouri Higher Education Loan Authority assets, but few actually vote against it. The MOHELA bill wins preliminary approval on a 110-to-45 vote. Representative Clint Zweifel (D-Florissant) stood by his “No” vote, telling colleagues they are moving forward on an uncertain plan, one that has not been thoroughly thought out.Democrats claim the sale of half its assets will weaken MOHELA and drive up interest rates on college student loans. MOHELA hasn’t sold the assets yet and likely won’t do so until the summer. Governor Blunt proposes spending the majority of the money on collage campus construction projects throughout the state. Some of the money generated would be used to fund scholarships. House Budget Committee Chairman, Allen Icet (R-Wildwood), says the bill incorporates the legislature’s vision for higher education. One more positive vote shifts the debate to the Senate.The bill is HB 1022.

Share this:

  • Facebook
  • Twitter

Filed Under: Education, Legislature, Politics / Govt Tagged With: budget, Democratic Party, Matt Blunt, Republican Party

Subscribe to our daily newsletter

Leave a Reply Cancel reply

Your email address will not be published.



Tweets by Missourinet

Sports

In the old days, Mahomes would have been back out there against the Browns (PODCAST)

Thanks for … [Read More...]

New U.S. women’s soccer captain Sauerbrunn says she got her toughness from her older brothers

Becky … [Read More...]

State reps want St. Louis Cardinals to erect a slavery monument near Busch Stadium

St. … [Read More...]

Watch as Kyrou’s goal lifts Blues past Sharks in home opener

Jordan … [Read More...]

Mizzou’s second half rally comes up short

The Mizzou … [Read More...]

More Sports

Tweets by missourisports

Archives

Opinion/Editorials

TwitterFacebook

Copyright © 2021 · Learfield News & Ag, LLC