| Bipartisan group of legislators to oversee federal recovery funds |
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Bipartisan group of legislators to oversee federal recovery funds Legislative leaders promise accountability and transparency February 12, 2009 (Carson City) - Senate Majority Leader Steven Horsford, Assembly Speaker Barbara Buckley, Senate Minority Leader Bill Raggio and Assembly Minority Leader Heidi Gansert announced a plan today to create a bipartisan subcommittee to oversee Nevada’s portion of the federal recovery funds. President Obama is expected to sign the federal recovery bill as soon as Monday. A bill draft will be submitted today to create a special bipartisan interim subcommittee of the Interim Finance Committee to oversee allocation of funds from the federal recovery package, and to ensure a transparent and accountable process to spend the funds. “The federal recovery bill will not solve our budget crisis, but it will help us rebuild our infrastructure and create thousands of new jobs,” said Assembly Speaker Barbara Buckley. “This money is Nevada’s opportunity to put our economy back on track, and legislators will work together to maximize every dollar.” “The subcommittee announced today will work after the Legislature adjourns to ensure accountability and transparency of Nevada’s portion of the federal recovery money,” said Senate Minority Leader Bill Raggio. “We understand that Nevadans want this federal recovery money to be spent wisely, and legislators are pledging accountability and transparency in every part of the process.” Over the next few weeks, joint Assembly and Senate committees will oversee the selection of public works and transportation projects that could receive recovery funds. The Senate Finance Committee and Assembly Ways and Means Committees will oversee the rest of the recovery money. “Nevadans have a right to know where their money is spent. We intend to create an open and accountable process,” said Assembly Minority Leader Heidi Gansert. “We look forward to participating in this committee and working together with our colleagues in the Assembly and the Senate to ensure Nevada taxpayer dollars are spent wisely.” “We will ensure that each transportation and capital project produces jobs in Nevada and gives our economy the biggest jolt possible,” said Senate Majority Leader Steven Horsford. “We want these jobs to go to Nevadans who are now unemployed or underemployed, and we will report back how many jobs are created with this money.” The bipartisan subcommittee will continue to oversee federal recovery funds after the Legislature adjourns. The subcommittee will report back to Nevadans on how many jobs were created with recovery funds, how many were filled by people who are unemployed or underemployed, what money is going to each critical infrastructure project and how Nevada businesses have benefited from the recovery funds. The bipartisan subcommittee will include 10 members, five from the Senate and five from the Assembly, and will continue to convene for the duration of the federal recovery package. The Senate Majority Leader would appoint three members, and the Senate Minority Leader two members. The Assembly Speaker would appoint three members, and the Assembly Minority Leader would appoint two members. |
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