Plain English Breakdown
The exact amount of $650,000 is mentioned but without context or details about how this figure was determined.
Money for Town of Calhoun City to Buy and Improve Community Building
This bill would give the town of Calhoun City money from the state's general fund to buy a building and make improvements for community use.
What This Bill Does
- Appropriates $650,000 to the Town of Calhoun City to assist in paying costs associated with purchasing and making improvements to a building for community use.
- Requires the state treasurer to provide this money from the State General Fund upon requisition by proper officials.
Who It Names or Affects
- The Town of Calhoun City
- Residents and community members who will use the building
Terms To Know
- State General Fund
- A fund that holds money from different sources to pay for state expenses.
- Appropriation
- Money given by the government for a specific purpose.
Limits and Unknowns
- The bill did not pass and was stopped in committee.
- It only provides funding for one fiscal year, from July 1, 2026 to June 30, 2027.