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2003 SESSION

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HB 234 Public Beach Maintenance and Development Fund.

Introduced by: Thomas D. Gear | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Establishing the Public Beach Maintenance and Development Fund. Expands the purposes of a current fund that awards matching grants to local governments to pay the costs of erosion abatement measures. The newly established Public Beach Maintenance and Development Fund will also provide grants for the construction or maintenance of public beach-related support structures or facilities and the creation or restoration of beach landscapes. Up to $200,000 per year of the money in the Fund could be used to pay the costs of administering the program. Currently, no grant can exceed 30 percent of the money appropriated to the fund for the biennium. This bill would allow up to 60 percent of the money in the fund in any fiscal year to be awarded to a locality. The Fund would be, in part, capitalized by the dedication of $5 million from the portion of the recordation tax collections that exceed $94.1 million.


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