SF922 (Legislative Session 94 (2025-2026))

Latino Economic Development Center grant appropriation

Related bill: HF1602

AI Generated Summary

Senate Bill No. 922, introduced by Senators Hawj and Putnam, proposes an appropriation of funds to support the Latino Economic Development Center (LEDC). Under this bill, $2,000,000 is allocated for each of the fiscal years 2026 and 2027. These funds, which are drawn from the workforce development fund, will be managed by the commissioner of employment and economic development.

The granted money is designated for the LEDC to use in various supportive actions for microentrepreneurs. This includes providing training workshops, one-on-one consultation services, and assisting with general operations and capacity building. Furthermore, the funds will help prospective entrepreneurs understand basic business concepts, preparing them for business startup and introducing them to careers in trades, green technology, coding, STEM, translation services, and manufacturing.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 02, 2025SenateFloorActionIntroduction and first reading
February 02, 2025SenateFloorActionReferred toJobs and Economic Development
February 09, 2025SenateFloorActionAuthor added