HB 2755-S - DIGEST

(DIGEST AS ENACTED)

     Revises the membership of the community economic revitalization board.

     Revises the projects for which the board may provide financial assistance.

     Revises timber impact areas to refer to rural natural resource areas.

     Provides for financial assistance, not loans or grants.

     Declares that the board may not obligate more than twenty percent of its biennial appropriation as grants.