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House Panel to Vote on Plan to Save PACT

By Associated Press

Montgomery, AL – A state House committee is expected to vote on three bills aimed at insuring that contracts for the state's prepaid college tuition program are honored.

The committee meets at 9:30 a.m. Wednesday at the Alabama Statehouse to consider the PACT bills. They include a measure to insure that the state pays obligations on current PACT contracts. Other bills would set up a new board to oversee the PACT program and another would set up a task force to advice the PACT program.

One proposal being considered by the legislators would limit universities to raising tuition by 2.5 percent annually for the 45,000 PACT participants.

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