Plain English Breakdown
The bill did not pass, so the exact details of how it would affect Dream Innovations are speculative.
Money for Dream Innovations
This bill proposes to give money to a company called Dream Innovations to help them match funds for grants in the year 2027.
What This Bill Does
- Proposes an appropriation of $1,400,000 from the State General Fund to Dream Innovations, Inc. for fiscal year 2027.
Who It Names or Affects
- Dream Innovations, Inc., if the bill passes.
- The State General Fund is proposed to provide the money for the appropriation.
Terms To Know
- Appropriation
- Money set aside by the government to be used for a specific purpose.
- Grant Award
- Money given by an organization or government to support a project or activity.
Limits and Unknowns
- The bill did not pass and was stopped in committee.
- It is unclear how the funds would be used if the bill had passed, as it depends on other factors like grant awards.