Referred to TOU/ECD, EEP, FIN, referral sheet 6
Summary
The bill creates a competitive, performance‑based grant program within the Department of Business, Economic Development, and Tourism. It provides state funds that must be matched by private investors to support one‑time capital projects—like energy retrofits or flood mitigation—at hotels, cruise terminals, ports and related facilities. The goal is to reduce emissions, improve resource efficiency, and lower long‑term public costs from climate impacts.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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