Senate approves changes to rural economic development program, tightens grant/loan caps
May 22, 2025
May 22, 2025
The Texas Senate passed House Bill 27 65 to expand eligibility and change administration of the Rural Economic Development and Investment Program and the Texas Economic Development Fund, including separate $1 million caps and new repayment rules; final passage was 26-5.
The full story
The Texas Senate passed House Bill 27 65 on final reading, changing how the Rural Economic Development and Investment Program and the Texas Economic Development Fund operate.
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