AN ACT CONCERNING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT'S RECOMMENDATIONS FOR REVISIONS TO THE COMMERCE STATUTES AND PROHIBITING SCHOLARSHIP DISPLACEMENT FOR CERTAIN STUDENTS AT PUBLIC INSTITUTIONS OF HIGHER EDUCATION.

Summary

SB 307 implements a wide‑range of changes proposed by the Department of Economic and Community Development, including removing outdated office references, altering reporting and grant‑oversight rules, and updating board memberships and absentee policies. It also amends concentrated‑poverty statutes, creates new minority‑business advisory bodies, renames the Small Business Express program, and prohibits scholarship displacement for certain students at public higher‑education institutions. The changes aim to streamline economic‑development programs, improve accountability, and protect student financial aid.

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