RELATING TO THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT, AND TOURISM.
What changed between versions
Added a new requirement that applicants must have raised at least one-fifth of the requested grant amount themselves before applying.
Added a mandatory matching fund provision requiring chambers to provide $1 for every $5 of grant funds received.
Changed the program title from 'chamber of commerce grant program' to 'chamber of commerce competitive grant program' and updated the purpose to include serving a public purpose and supporting workforce transitions.
Changed the effective date from July 1, 2025, to July 1, 3000, indicating the bill is currently in a placeholder or future-dated state.
Added an exemption stating that qualifying standards and conditions from Chapter 42F do not apply to funds received under this specific competitive grant program.