Plain English Breakdown
The bill did not pass, so there is no information about how funds would be distributed or used.
Provide More Money for the Economic Development and Infrastructure Fund
This bill proposes to add $150,000 to the Economic Development and Infrastructure Fund from the State General Fund for fiscal year 2027.
What This Bill Does
- Adds $150,000 to the Economic Development and Infrastructure Fund.
- The money comes from the State General Fund.
Terms To Know
- Economic Development
- Activities to improve the economy of a region, such as creating jobs and attracting businesses.
- Infrastructure Fund
- A fund that collects money for building or improving public works like roads, bridges, and utilities.
Limits and Unknowns
- The bill did not pass in the session it was introduced.
- It is unclear how exactly the extra funds will be used.
- There are no details on who will manage the distribution of these funds.