LD 1493 LR 1893(02)
Resolve, Directing the Department of Economic and Community Development To Create and Administer a Fund To Provide Seasonal and Tourism Industry Recovery Grants
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Innovation, Development, Economic Advancement and Business
Fiscal Note Required: Yes
Fiscal Note
Potential current biennium cost increase - American Rescue Plan Act funds
Fiscal Detail and Notes
This legislation requires the Department of Economic and Community Development to create a program to provide grants to seasonal and tourism industry businesses with a demonstrated financial loss as a result of economic disruptions due the COVID-19 pandemic utilizing funds from the American Rescue Plan Act (ARPA) if these funds are eligible to be used for this purpose.  It is assumed that if ARPA funds are not allowed to be used, no grants will be provided.