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2025 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Pillion
Main Street Program

Item 103 #11s

Item 103 #11s

First Year - FY2025 Second Year - FY2026
Commerce and Trade
Department of Housing and Community Development FY2025 $0 FY2026 $1,600,000 GF

Language
Page 111, line 49, strike "$81,477,325" and insert "$83,077,325".

Page 114, line 14, after "year" strike "and $500,000" and insert "and $2,100,000".

Page 114, line 17, after "Program," insert:

"up to 25 percent of the appropriation in each year for program administration. Of  the general fund amounts provided for".



Explanation

(This amendment provides $1.6 million GF the second year to increase the funding for the Main Street Program to $2.1 million G, and it increases the percentage for administrative funding to support the largest single round of designations in the program's history. The communities at the two highest levels of participation have increased 78.0 percent since 2022 necessitating greater administrative flexibility.)