LAND GRANT-MERCED ASSISTANCE FUND CHANGES

Summary

The bill makes the Land Grant‑Merced Assistance Fund a non‑reverting fund and defines how much money each qualifying land grant receives based on its annual revenue. Grants earning less than $100,000 get a full share, those between $100,000 and $250,000 get 75%, $250,000‑$500,000 get 50%, and $500,000 or more get 25%. The goal is to direct more aid to smaller grant entities.

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