Reported from EDT (Stand. Com. Rep. No. 2306) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Summary
The bill establishes a competitive, performance‑based grant program within the Department of Business, Economic Development, and Tourism to provide one‑time capital funding for hotels, cruise operators, ports and other visitor‑serving facilities that improve energy, water, waste or climate‑adaptation performance. Recipients must contribute a private‑sector matching contribution, and grant money cannot be used for operating expenses. The department must submit annual reports showing leveraged private funds and measurable environmental outcomes.
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