AN ACT FOR THE DEPARTMENT OF COMMERCE REAPPROPRIATION.
What changed between versions
Added specific funding allocations totaling $480,320 for economic stimulus activities, including $189,757 for grant matching funds and $375,000 for public works and job training projects.
Added $130,100 allocation for the Executive Director of the Economic Development Commission to implement the state's strategic economic development plan.
Added detailed eligibility criteria for recipients including state agencies, cities, counties, community-based non-profit organizations, and other eligible entities for various economic development purposes.
Added effective date of July 1, 2025 for all new funding allocations and appropriations.
Added specific requirements for grant matching funds and loans to maximize contributions and ensure grant funding or contract obligations.