An Act establishing the Municipal Grant Assistance Program and the Municipal Grant Assistance Program Fund; and imposing duties on the Department of Community and Economic Development.

HB 1560 establishes a new Municipal Grant Assistance Program to provide financial support to local governments for community development projects. It creates a dedicated fund managed by the Department of Community and Economic Development, which will administer grant distributions to eligible municipalities. The bill assigns specific responsibilities to the department for overseeing the fund and ensuring grants are allocated according to program guidelines.