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Appropriations Committee considers pilot to advance grant funds to small nonprofits
Summary
A substitute to HB 2587 would create a Commerce Department pilot allowing one‑time initial distributions (up to 25% of award or $200,000) to eligible nonprofit grant recipients to address cashflow barriers; Commerce must report to the legislature by Sept. 1, 2028 and the pilot expires June 30, 2029.
Committee staff briefed a proposed substitute to House Bill 2587 that would establish a pilot at the Department of Commerce to provide initial distributions to nonprofit grant recipients who demonstrate need to deliver services under state contracts. Staff outlined eligibility criteria (nonprofit status, award received within six months, satisfactory prior performance, minimum three years in the…
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