SB5241 creates economic inclusion grants, subject to appropriation, to promote equity, economic inclusion, and a stable financial foundation for people experiencing poverty. This bill also directs the Office of Financial Management to develop a revolving refund model for economic inclusion grants, with a report due to the Legislature by November 15, 2021. Additionally, SB5241 directs the Department of Commerce to provide progress reports and other information regarding economic inclusion grants to the Governor, Legislature, and the Legislative Executive WorkFirst Poverty Reduction Task Force, by November 15, 2021, and annually thereafter.
Substitute Bill:
- Creates economic inclusion grants, subject to appropriation, to promote equity, economic inclusion, and a stable financial foundation for people experiencing poverty.
- Directs the Department of Commerce to provide progress reports and other information regarding economic inclusion grants to the Governor, Legislature, and the Legislative Executive WorkFirst Poverty Reduction Task Force, by November 15, 2021, and annually thereafter.
Second substitute:
- Creates economic inclusion grants, subject to appropriation, to promote equity, economic inclusion, and a stable financial foundation for people experiencing poverty.
- Directs the Department of Commerce to provide progress reports and other information regarding economic inclusion grants to the Governor, Legislature, and the Legislative Executive WorkFirst Poverty Reduction Task Force, by November 15, 2021, and annually thereafter.