SB 5109-S - DIGEST |
(SUBSTITUTED FOR - SEE 2ND SUB) |
Modifies provisions relating to the local revitalization financing program. |
Increases the annual state contribution limit to seven million five hundred thousand dollars. |
Removes the requirement of the department of revenue to award state contributions on a first-come, first-served basis. |
Makes the department of commerce the approving agency responsible for selection of project awards. |