92nd General Assembly
Summary of HB0439
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House Sponsors:

Short description: 
DISTRESSED COMMUNITIES GRANT                                               

Synopsis of Bill as introduced:
        Amends the Environmental Protection Act. Authorizes the  Director      
   of  Commerce  and  Community Affairs to issue a Distressed Communities      
   and Industries Grant to any entity  for  the  purpose  of  paying  the      
   allowable  costs  needed  to  cause an eligible remediation project to      
   occur.   Amends  the  State  Finance  Act  to  create  the  Distressed      
   Communities   and   Industries  Grant  Fund.   Requires  the  affected      
   Departments to propose rules.  Effective immediately.                       
          FISCAL NOTE (Department of Commerce and Community Affairs)           
          The fiscal impact of HB 439 on the Department would be $10           
          million for grants and $226,300 for administrative costs.            
        HOUSE AMENDMENT NO. 1.                                                 
        Deletes everything.  Reinserts the bill as introduced but changes      
   the agency administering  the  grant  funds  from  the  Department  of      
   Commerce and Community Affairs to the Environmental Protection Agency.      
   Removes  language  that  the  fund  is intended to provide $10,000,000      
   annually for grants and inserts language about  the  establishment  of      
   and use of moneys in the Distressed Communities Grant Fund.  Effective      
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


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