HB 526 - This act mandates that the Department of Economic Development shall disburse rural regional development grants to qualified rural regional development groups, subject to an appropriation not to exceed five million dollars each year. A group must meet certain criteria in order to qualify for a grant, and applications for a grant shall only be submitted by a legally created regional planning commission. The regional small business technology development center shall act as a facilitator for the rural regional development groups make reports to Governor, Department of Economic Development, Senate committee on economic development, and the House committee on economic development. A single grant shall not exceed one hundred and fifty thousand dollars, and each region shall not receive more than two grants. This act is similar to SB 446 (2013). MIKE HAMMANN
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